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Philips announced Monday (8 September) that it will build a new regional headquarters in Singapore. The new facility will be located in Toa Payoh and is scheduled for completion in the first half of 2016.
Frans van Houten, Chief Executive Officer of Royal Philips said, “Singapore is a vital innovation hub in the region for Philips. Functioning as the regional headquarters, this new facility… will drive our innovation particularly in healthcare.”
The facility will also feature a tele-healthcare center that will enable hospitals to remotely monitor and treat patients at home, the company said in a release.
“With the new tele-health center, for example, we aim to improve patient health and lower treatment costs by monitoring patient conditions and reducing the need to hospitalize patients,” van Houten added.
In addition to the tele-health center, the new building will also contain new research and development facilities, a co-creation center with rapid prototyping capabilities, and a digital command center for monitoring global and local consumer trends and managing content.
The new facility will also have a new lighting experience center which will showcase the company’s latest innovations in lighting, and will also serve as a showroom, the release said.
Image: Philips’ new ASEAN & Pacific headquarters. (Artist’s impression)
Nikki De Guzman, Editor at CommercialGuru, wrote this story. To contact her about this and other stories, email nikki@propertyguru.com.sg
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