68 STRATEGICALLY ADVANCING PORTFOLIO DETAILS SINGAPORE Business Parks Business Parks are properties that cater to industries/businesses relating to high-technology, R&D, value-added and knowledge-intensive sectors. Companies that take up space in Business Parks can engage in a range of light and clean uses such as technical support, informationcommunications, healthcare devices, product design, development and testing, service centres and back-end office functions. Address Lease Type Gross Floor Area (sqm) Net Lettable Area (sqm) Land Tenure (years) Land Lease Expiry 1 16 International Business Park Master lease 6,434 6,434 30+30 31 July 2056 2 750 to 750E Chai Chee Road Multi-tenanted 141,841 105,247 60 31 March 2031 43 28 February 2031 3 6 & 8 Changi Business Park Avenue 1 (Business Park) Multi-tenanted 56,911 46,188 30+30 31 January 2068 2 & 4 Changi Business Park Avenue 1 (Hotel) 15,923 14,578 ESR BizPark @ Changi
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