Gourmet Xchange Food Factory is imagined as a purpose-built resort-style ramp-up food industrial project for the increasing demand from food producers, central kitchens, caterers and cold-chain logistics operators. Conceived by CapitaLand Development and its wholly owned lodging business unit, The project will be positioned as Singapore’s leading food manufacturing and distribution hub.

The project has a site area of approximately 44,000 sq m and an estimated gross floor area of over 114,000 sq m and is flexible enough to cater for different food-related uses. The property also includes a multi-storey ramp up for 40ft container, high floor loading and zoning for production, packaging, storage and logistics. Sustainability is central to the design— which includes energy-efficient features, green building requirements and repurposing of existing buildings to minimize carbon emissions.

The site was launched by JTC Corporation and awarded to CapitaLand Development as the highest bidder in November 2024, under the Industrial Government Land Sales (IGLS) programme, bidding at a price of S$368.9 million. The development is Singapore’s first industrial project with adaptive reuse which preserves existing three-storey terraced factory block built in the 1980s alongside a new nine storey food manufacturing plant.

The site has an extended 33 year lease tenure giving tenants the assurance of long term tenure. Construction will be completed within seven year, with CapitaLand aiming to develop an ecosystem that supports the full food production value chain, from processing and packaging to cold storage and logistics.

The Gourmet Xchange Food Factory will be a food production facility and also become an ecosystem for food manufacturers, researchers and logistics providers to come together. Proposed features include shared R&D kitchens, communal cold-chain infrastructure and retail space for innovation, education and community interaction.

Bringing design, sustainability and industry together in a unique environment CapitaLand’s Gourmet Xchange Food Factory is the future of Singapore’s food industry. It will be key to building our nation’s food resilience, supporting SMEs and anchoring Singapore as a hub for regional food innovation and technology.

Gourmet Xchange Location

Nestled at Kallang Way in the Kolam Ayer Industrial Estate, the site has a central location facilitating connectivity and a catchment of workers. It is also well-connected to major highways such as the PIE and KPE, with easy access to multiple MRT stations including Geylang Bahru, Mattar and MacPherson.

Kallang Way precinct is part of a vibrant cluster surrounded by established industrial properties like Kolam Ayer Industrial Park, BreadTalk IHQ and the Vertex Building where food-related and technology companies are located. Beyond that, supporting clusters such as Pandan Loop Food Zone, Tuas Food Hub and Bedok Food City also function as critical nodes in Singapore’s food manufacturing ecosystem.

This density of industry representatives consolidates the area’s status as a food innovation corridor to foster synergies between producers, distributors and research facilities. The existence of  tenants and supporting facilities such as cold storage providers, logistics companies and supply-chain specialists makes Gourmet Xchange Food Factory an ideal proposition for local and foreign food companies.

Review and Market Outlook

“Gourmet Xchange Food Factory is a timely and strategic solution-driven reaction to the increasing need for modern, food-grade industrial spaces within Singapore from a market perspective,” says CBRE. Traditional plants are increasingly outdated in an era of higher food safety standards, automation and ESG requirements. As such, CapitaLand’s foray in this space bridges a missing link – future-ready infrastructure at scale designed to meet the needs of tomorrow’s food companies.

The project’s adaptive reuse approach  recycling some of the old industrial building has also won praise for its emphasis on sustainability. This way of thinking supports national green drives and shows how industrial renewal can go hand in hand with environmental responsibility.

Yet the success of the project will hinge on rental competition and market absorption. At the smaller operator level, there will be pressure on cost with inflation and increasing also utilities costs while for CapitaLand the challenge is to balance affordable against premium design and sustainable operations.”

However, its proven ability to deliver major commercial and industrial projects provides confidence that the project will establish long-term value for tenants and investors alike.

Project Specification

Gourmet Xchange Food Factory Registration of Interest

Gourmet Xchange

Gourmet Xchange Food Factory is imagined as a purpose-built resort-style ramp-up food industrial project for the increasing demand from food producers, central kitchens, caterers and cold-chain logistics operators.

Product SKU: Gourmet Xchange

Product Brand: Industrial Property

Product Currency: SGD

Product Price: 3200000

Product In-Stock: InStock

Editor's Rating:
5