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Why Commercial Kitchens Are the Next Big Asset Class in Singapore: Food Point @ Tai Seng

PropertyGuru Singapore | November 17, 2025

If you've been paying attention to the news, you'll know that Singapore's F&B industry has been undergoing a major shift. Growing costs and climbing retail rents, which have reached a multi-year high, saw many food operators shuttering in 2025. 
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JTC awards tender for Kallang Way to CapitaLand, first industrial GLS site with adaptive reuse

EdgeProp Singapore | November 20, 2024

JTC has awarded the tender for an industrial GLS (IGLS) site at Kallang Way to CL Savour Property, a subsidiary of CapitaLand Development, which put in the top bid price of $368.901 million.
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Developers find hope in strata-titled food factories as investor appetite grows

EdgeProp Singapore | September 10, 2024

"The outlook for food factories is positive due to the growth and transformation driven by rising consumerism in Asia," observes Soilbuild's Lim. "With many global food manufacturing brands and startups choosing Singapore as their testing ground for new products, we believe there is sufficient demand to meet the new supply."
Tai Seng Food Point News

Noel Building on Tai Seng sold for $81.18 million,
17% above the guide price

EdgeProp Singapore | November 23, 2023

"Just over a month after it was put up for sale by tender, Noel Building at 50 Playfair Road was sold for $81.18 million. The sale price is a 17% premium above the guide price of $70 million indicated by marketing agency Edmund Tie & Co. when the eight-storey building was launched for sale last month"
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Food Point @ Tai Seng © 2025 | Jointly Developed By BHCC | EVER MEGA | APEX ASIA
EXCLUSIVE MARKETING AGENCY | SN REAL ESTATE - THE SUCCESSFUL NEGOTIATOR

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© 2025 by Food Point @ Tai Seng. All rights reserved.

DISCLAIMER:  All information herein may contain forward-looking statements that involve assumptions, risks and uncertainties. While every reasonable care has been taken in the production of this marketing website, neither the developer nor its agents will be held responsible for any inaccuracies or omissions. To the extent permissible by law, the statements, information and depictions in this website may not be relied upon as statements or representations of fact, and they are not intended to form any part of the contract for the sale of the housing units. In particular, visual representations such as renderings, illustrations, pictures and drawings are artists’ impressions only and photographs are only decor suggestions and cannot be regarded as representations of fact.

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