ComfortDelGro to move its corporate headquarters to Labrador Tower in November
ComfortDelGro to move its corporate headquarters to Labrador Tower in November
SINGAPORE - Transport giant ComfortDelGro will move its corporate headquarters to Labrador Tower, a new office building in Pasir Panjang, The Straits Times has learnt.
The move, which will take place in November, comes as the lease on the mainboard-listed company's long-time base in Braddell Road expires in August 2026.
A ComfortDelGro spokesperson confirmed in a statement to ST on June 20 that the company will relocate its corporate functions to Labrador Tower.
It will join the Ministry of Health and insurer Prudential Singapore as tenants at the 34-storey mixed-use project, which was developed by utilities company SP Group and completed around mid-2024.
ComfortDelGro did not specify the number of employees or the departments that will move , but ST understands they include those in finance, IT, human resources, legal, business development, as well as branding and corporate communications.
'This move is part of our ongoing efforts to create a more modern and sustainable work environment for our corporate staff,' the company said, noting the new office's proximity to Labrador Park MRT station on the Circle Line.
Asked how much office space it will be leasing at Labrador Tower and why it chose to move its corporate head office there, ComfortDelGro's spokesperson said it was unable to provide more details at this time.
The ComfortDelGro G roup had more than 12,400 employees in Singapore in 2024, with its subsidiary, public transport operator SBS Transit, accounting for more than three quarters of the workforce here.
Chinese-language daily Lianhe Zaobao broke the news on June 15 that ComfortDelGro and SBS Transit will vacate their premises at 205 Braddell Road progressively from October.
While ComfortDelGro's corporate staff will move to Pasir Panjang, SBS Transit - which has been based in Braddell since 1980 - will relocate to its other existing bus and rail premises.
By end-2025, SBS Transit will move its office staff to Sengkang Rail Depot and Sengkang West Bus Depot, and its bus operations in Braddell to Hougang Bus Depot in Defu.
For cabbies, ComfortDelGro said its maintenance workshop on its Braddell Road premises will continue to serve taxi drivers in the central region until a new five-storey automotive hub in Ubi opens in the first quarter of 2026 to take its place.
Neither ComfortDelGro nor SBS Transit have said why they did not renew or extend the lease on the Braddell site, which remains zoned for 'transport facilities' use, according to the Urban Redevelopment Authority's 2019 Master Plan.
Industrial developer JTC Corporation owns the 66,441 sq m plot of land , which is located next to the CTE. At present, it houses a range of facilities, including office space, workshops, diesel pumps and electric vehicle charging stations.
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