Amazon withdraws from Asia Square Tower 1, SMC ELECTRIC may become the new tenant | Lianhe Zaobao
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Amazon plans to withdraw from One Asia Square, with the lease expiring this July, which may be taken over by SMC ELECTRIC. Amazon has been renting approximately 100,000 square feet of office space in the building since 2021. SMC ELECTRIC currently has its office in Dadu Hui, Singapore, and if negotiations are successful, it will become the new tenant. The building was recently sold by the Qatar Investment Authority to Hongkong Land. SMC ELECTRIC has sold some assets to focus on the Singapore market
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