Special Feature
Soon-to-TOP CT FoodNEX designed to power F&B manufacturing with efficiency
Artist’s impression of CT FoodNEX in Mandai, close to Johor Bahru (Picture: Chiu Teng Group)
Best-selling freehold CT FoodNEX with 80% sold, is set to receive its Temporary Occupation Permit (TOP), making it the perfect choice for F&B manufacturers ready to move in seamlessly with minimal planning or renovation, to gear up for the year-end peak season.
Isometric drawing of direct ramp up access for easy loading and unloading (All Pictures: Chiu Teng Group)
Designed for food businesses to thrive
A key highlight of CT FoodNEX is its wide ramp-up design, which allows 40-foot and 20-foot refrigerated container trucks to back directly into the units. This allows quicker and more efficient loading and unloading of raw ingredients and prepared food.
The direct ramp-up facilities equip businesses to make bulk purchases to achieve economies of scale, enjoy cost savings without incurring the cost of breaking bulk at secondary facilities.
Developed by the trusted Chiu Teng Group, choice units located on the ground and lower floors of the 10-storey CT FoodNEX’s 109 industrial units offer business owners a rare chance to secure spaces equipped with high specifications for end-to-end cold chain management that set it apart from other entry-level food factories in Mandai.
Cold-chain capable units with mezzanine area and direct ramp-up access
Versatile concept for diverse business needs
Level one units boast generous floor-to-floor heights ranging from 7.475m to 8.175m, plus a mezzanine area for resting or other complementary uses.
The units’ floor plans are designed to support the installation of smart cold rooms with racking systems for temperature-controlled storage of premium fresh produce. Each unit also has its own toilets and a refuse bin point.
Units on level two are equipped with a comprehensive array of amenities that allow for various processes, from cooking and food preparation to storage to delivery. They have designated loading and unloading bays that accommodate up to 20-foot container trucks.
To cater to future expansion, buyers who purchase the unit directly above their cold chain-capable unit can connect the two floors with a lift, subject to the authorities’ approval.
Multi-faceted concept and customisable solutions catering to a broad spectrum of F&B manufacturing
Food factories offer investment potential
With a robust food industry, food factories are becoming an attractive investment class. Unlike residential properties, food factories are not subject to the Additional Buyer’s Stamp Duty (ABSD) as industrial assets.
Ismail Gafoor, CEO of PropNex, comments, “Freehold food factories are attractive to buyers and investors as they provide opportunities for long-term capital appreciation and preservation of value, which makes them suitable as a legacy asset to pass down to future generations. Furthermore, freehold food factories are relatively rare and limited in supply, as they are typically held for long-term usage by end-users.”
“Meanwhile, we believe the outlook for the food factory segment is positive, given the vibrant food manufacturing and processing industry in Singapore, the healthy demand for food delivery services, and the push for innovation under the Food Services Industry Transformation Map 2025,” he highlights.
“Following the Covid-19 pandemic, there has also been a considerable shift in consumer preferences for convenience and wellness, spurring demand for food delivery services and healthy ready-to-eat meals. These changes have encouraged businesses to set up central or cloud kitchens to achieve economies of scale and automate their operations,” says Gafoor.
“Meanwhile, Singapore’s quest for food security — to produce 30% of the country’s nutritional needs by 2030 — suggests that food manufacturing and the agrifood sectors will help to underpin demand for food factory spaces,” he adds.
Food factories have seen an increase in demand in the past few years, both from industrialists and investors
Strong growth potential in food services sector
Mark Yip, CEO, Huttons Asia, says, “Food factories have seen an increase in demand in the past few years both from industrialists and investors. The demand stems from the Government's vision of achieving 30 by 30 food sustainability by 2030.”
“However, the supply of food factories stayed relatively limited as the government regulated the location of food factories mostly in the North, East and West. Being in the North gives CT FoodNEX an advantage as it is near the Woodlands Causeway where food imports take place daily,” explains Yip.
“Furthermore, freehold food factories are also rare. Therefore, CT FoodNEX offers a good investment opportunity for both end users and investors,” adds Yip.
A plethora of developments across Singapore by Chiu Teng similarly reflect its commitment to innovative, customer-focused industrial solutions. They include CT FoodChain, a 10-storey, strata-titled, multi-user factory at Pandan Loop offering end-to-end cold chain management and food storage solutions.
Elevate your food business to the next level. Call or Whatsapp 8212 2233 or visit http://www.ctfoodnex.com.sg to arrange for a viewing.
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