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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.

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.

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."

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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