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Creative Technology downsizing space, to move out of Jurong headquarters in 2026
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Creative Technology signed a sale and leaseback agreement for its Jurong headquarters in 2008 with a sale price of around $250 million then.
ST PHOTO: LIM YAOHUI
- Creative Technology is downsizing space, relocating from its Jurong HQ due to an expired lease to a smaller space in Alexandra Technopark by March 2026.
- Creative faces leadership uncertainty, with the interim CEO stepping down in January 2026 and a search for a permanent replacement ongoing, after recent CEO changes.
- Creative reported losses but improved results due to layoffs of 14% of their workforce, while facing challenging market conditions and potential tariff impacts.
AI generated
SINGAPORE – Home-grown Creative Technology is downsizing space and moving out of its headquarters in the International Business Park in Jurong.
The company told The Straits Times in response to queries on Dec 12 that it will move to Alexandra Technopark in March 2026. The lease at its current premises has expired and the company has opted not to renew it.
