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Alternative Property Investment
in Post Covid Singapore

No ABSD

Open for food factory

No ABSD, No Seller's Stamp Duty (SSD) after Third Year

Savvy investors know that one of the best investment is to get a Property.  One of the most notorious Cooling Measures is the implementation of Additional Seller Stamp Duty (ABSD) which applies to the following group of buyers:

  • Singaporeans: second property at 12%; third and subsequent property purchases at 15%
  • Singapore Permanent Residents (PRs): The first purchase will be 5% while second and subsequent purchases will be 15%
  • For foreigners: a flat rate of 20% for any property purchase
  • For entities (companies or associations): 25% ABSD for every property

Thus to avoid ABSD, many investors are looking into commercial property investment.  The question, then, is which is the best alternative amongst the different types of commercial properties?

F&B at Vastly Changed Setting - The New Norm  Singapore

Food Business will be unlikely to be as usual for the food and beverage (F&B) industry in Singapore.  With the rising popularity of food delivery services and e-commerce, there is an urgent need for operators to streamline their retail spaces, as well as the government's push for innovation in the food industry.

According to Nielsen, 37% of consumers in Singapore increased their online shopping activities. Around 70% opted to shop online for their pantries with packaged foods and beverages.  These are 'huge opportunities' in motion.

Main Issues

Singapore's food manufacturers had a rough time since the start of Covid-19 crisis with impromptu shutdowns and cash flow issues.  These are in addition to grappling with declines in demand from the food-services industries and hospitality as well as disruptions in their supply chain.

YOUR OPPORTUNITY IS HERE !

Book An Appointment To Get A Food Factory At Direct Developer Prices
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Food Factory

Demand for Food Factory has risen in demand in recent years, due to high retail rents and the government's push for productivity in food manufacturing and central kitchens.

According to Colliers, demand remains strong for those located nearer the city centre, such as MacPherson, Bedok North and Pandan Loop as these are mature food manufacturing areas.  Occupancy rates are in between 80% to 100%.

Central kitchens located near the CBD area or residential hubs command higher rents and prices than average.  Well-located factories with better specifications, like freezer and refrigerated facilities, can fetch about 25 to 35% higher price.

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Accelerated Funding From Government

The Singapore government is providing accelerated funding up to the tune of US$21 million for the local farms to grow faster and quicker.  In the longer-term, the intentions are to diversify the nation's food sources, supporting companies to grow overseas and lift domestic production.

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Post-Covid

The impact of the crisis could be more challenging over the coming months and years.  Many businesses are predicting a fall of 10% to 15% in production and revenue when compared to pre-crisis expectations for 2020.

The government and the food industry must cooperate to keep supply chains open and minimise disruption to the food system.

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Cloud Kitchen

Some local food operators are turning to cloud kitchens and virtual restaurants as a low-cost means of operations.  A cloud kitchen is a centralised kitchen where food operators can rent space to prepare food specifically for delivery, saving space and set-up costs.  One example is Les Amis Group indicating that they may set up cloud kitchens for its mid-market brands and upcoming delivery-focused brands.

Ready-to-Eat Food

Busy working residents prefer the convenience and are attracted to food that saves time in the kitchen and reduces costs due to spoilage.  The demand for Ready-to-Eat food is going to increase with more families with dual income with more female in the job market.

New Launch Food Factory for Sale - CT FoodChain

Today, you get this rare opportunity for food businesses to build enduring success. As a brand-new B2 food industrial development in the mature Pandan Food Zone with a 64-year lease, it is an investment in the future and the start of a lasting legacy.

Developer

The developer of CT Foodchain is Chui Teng Group.  They are in property development as well as building construction.  That is why, the units at CT Food chain are designed with high specification for the enhanced productivity in a Food Factory unit.

Location Advantages at Pandan Loop Food Zone

  • Mins Drive to Major Expressway, AYE and West Coast Highway
  • Close to 2nd CBD, Jurong East
  • Near future transformation of Greater Southern Waterfront

Design and Concept of CT Foodchain

  • 10 storey Ramp-Up factory, accessible by 40 footer
  • High Specification for Food Kitchen, Cold Storage and Food Manufacturing
  • Functional Layout with High Ceiling
  • Best Investment Opportunity without the need to pay ABSD

You Are Most Welcome To

Book An Appointment for a Presentation on CT FoodChain and get VVIP Discount (Limited Time), Direct Developer Price, and Hardcopy Brochure, Guaranteed with Best Price Possible

OR

Fill up the form on the right and get a copy of CT FoodChain Prices, E-Brochure and Latest Updates!

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CT FoodChain Contact Us

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CosySingapore Consultants

Commercial Properties Singapore

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+65 6100 8123

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