JTC has awarded the tender for the industrial site at Kallang Way to CL Savour Property Pte Ltd, a subsidiary of CapitaLand Development, at a tendered sum of $368,901,225. Launched on 25 June 2024, the tender closed on 1 October 2024, with 4 bids received.

This is the first Industrial Government Land Sales (IGLS) site with adaptive reuse, where an existing terrace factory is retained and adapted for continued industrial use. The site is part of a designated food zone, and the integration of adaptive reuse is strategically master planned and developed for the sustainable rejuvenation of the area, with the co-location of food manufacturing spaces and retail uses such as food & beverage (F&B) to inject vibrancy into industrial spaces and provide new amenities for surrounding community and residents.

Ms Tang Hsiao Ling, Director of Urban Planning & Architecture Division, JTC, said, “Sustainable development plays an important role in addressing environmental challenges, and the introduction of adaptive reuse at the IGLS site at Kallang Way is an effective way to reduce carbon emissions in the built environment while preserving the industrial legacy of the site. We are encouraged by the positive response to the tender, reflecting market acceptance by industry leaders like CapitaLand Development, who support our drive towards broader adoption of sustainable practices in the development of industrial estates across Singapore.”