Singapore: PonteSud – News Desk
Transport giant ComfortDelGro and its subsidiary, SBS Transit, will be moving out of their long-standing Braddell Road headquarters, as the lease on the premises expires in August 2026.
Apart from the Braddell head office, ComfortDelGro’s other properties here include bus depots in Bedok and Bukit Batok, vehicle workshops in Ubi, Loyang, Senoko and Pandan Road, inspection centres in Yishun and Changi, as well as premises in Sin Ming.
SBS Transit also has administrative offices in some of the bus and train depots that are built and owned by the Land Transport Authority. They include Sengkang Rail Depot and the recently constructed Sengkang West Bus Depot.
According to ComfortDelGro’s 2024 annual report, the current lease on its Braddell headquarters is for a period of 36 years and 10 months. This was preceded by an earlier lease that began in 1974, which was taken out by what was then known as Singapore Bus Services, according to annual reports from the 1980’s.
The bus operator later became a subsidiary of DelGro Corporation, and was rebranded in 2001 as SBS Transit. DelGro Corporation then merged with taxi company Comfort Group in 2003 to form today’s ComfortDelGro.
Asked for comment, ComfortDelGro did not say why it did not extend or renew its current lease on the Braddell site. It also did not answer queries about where its new corporate headquarters will be located.
As for development plans for the Braddell Road site after it is vacated, the land remains zoned for transport facilities use, according to the Urban Redevelopment Authority’s 2019 Master Plan. That means it can be used only for the parking of vehicles or facilities such as a transport depot, driving circuit or petrol station.
The Braddell plot is owned by industrial developer JTC Corporation. In response to queries, the government statutory board said it was unable to comment on the terms of the lease agreement, citing confidentiality reasons.
