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Press & Media

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Optimistic forecast for Singapore’s F&B sector with robust growth, according to RHB Analysis

"RHB analyst Alfie Yeo predicts a positive year for Singapore's F&B sector with a 3% GDP growth. This is driven by strong consumer demand and global economic recovery."

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My Singapore, 22 January 2024

Singapore port

Guide To Tuas Mega Port – World’s Largest Fully Automated Port In Our Backyard

"The government is investing an estimated $20 billion into the Next Generation Port (NGP) in Tuas. Billed as the world’s largest fully automated terminal in a single location, it represents the future of Maritime Singapore in terms of its scale and capability"

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DollarsAndSense Business, 13 July 2023

Dyson Plant artist impression

Dyson to set up next-gen battery plant in Singapore, double advanced manufacturing footprint in 2023

“GLOBAL technology firm Dyson is setting up a next-generation battery plant in Tuas Singapore. The company said it would invest S$1.5 billion in Singapore over four years as it launched its new global headquarters in the Republic”

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The Business Times, 03 May 2023

Jurong lake district Tuas Mega Port Map

How Singapore's development will affect the property market (Jurong East and Tengah)

"In the coming years, the West will evolve beyond a manufacturing hub into a mixed-used business and industrial powerhouse.

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By 2040 to 2050, Jurong Lake District is expected to create 100,000 new jobs while adding 20,000 new homes to the region. This will add another one million residents to the West."

 

Asiaone, 26 February 2023

Tuas Mega Port Opening

Tuas mega port officially opens with 3 berths; PM Lee says it will be critical engine driving economy

Tuas has an advantage in being closer to the many industries in western Singapore, including the nearby Jurong Innovation District, the Jurong Lake District and the Jurong and Tuas industrial areas. 

 

“This means more efficient production, and quicker turnaround for their products to be exported to international markets.”

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The Straits Times, 01 September 2022

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Developers find hope in strata-titled food factories as investor appetite grows

According to Soilbuild, 73% of the units at Food Ascent have been taken up since its launch in February. Based on caveats lodged, units sold have ranged from $1.072 million ($498 psf) for a 2,153 sq ft unit on the eighth floor to $2.067 million ($750 psf) for a 2,766 sq ft unit on the first level.

Lim Han Qin, director of Soilbuild Group Holdings also believes there is a growing demand for such strata-titled food factories, which are limited in supply. At Food Ascent, the buyers are a good mix of business owners and investors.

                                  Edge Prop, 10 September 2024

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FOOD ASCENT © 2024 | SOIL BUILD

​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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45 Tuas South Ave 1, Singapore 639427
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