From left: Tan Boon Khai, CEO, JTC; Helen Wong, group CEO, OCBC; and Prof Chua Kee Chaing, president, SIT in front of the OCBC Punggol building. When complete in 1Q2027, the 430,000 sq ft OCBC Punggol will house up to 4,000 staff. Photo: OCBC
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Oversea-Chinese Banking Corporation (OCBC) will invest some $500 million in Punggol Digital District (PDD) with a new innovation hub and a partnership with the Singapore Institute of Technology (SIT).
The 430,000 sq ft OCBC Punggol, when completed in 1Q2027, will become the bank’s second-largest office premises after its head office in Chulia Street. Up to 4,000 OCBC employees — mostly tech staff — will be housed across eight floors of a 12-storey mixed-use tower, which will also include a 200-room hotel, retail shops and dining outlets.
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