Kaki Bukit Avenue 1 is poised to become the next industrial hub in Singapore. With its strategic location in the city's eastern region and close proximity to key transportation nodes, the area is attracting a growing number of businesses.
In recent years, Kaki Bukit Avenue 1 has experienced a surge in industrial activity. According to the Urban Redevelopment Authority (URA), the area saw a 15% increase in industrial land take-up in 2021. This growth is expected to continue in the coming years, as more businesses seek to establish a presence in this vibrant industrial hub.
The growth of Kaki Bukit Avenue 1 is being driven by a number of factors, including:
The top industries that are attracted to Kaki Bukit Avenue 1 include:
These industries are drawn to the area by the convenient transportation links, the availability of affordable land, and the presence of a skilled workforce.
There are a number of benefits to setting up an industrial business in Kaki Bukit Avenue 1, including:
Despite the many benefits of setting up in Kaki Bukit Avenue 1, there are also a few pain points that businesses should be aware of, including:
There are a number of ways to overcome the pain points associated with setting up in Kaki Bukit Avenue 1, including:
There are a few common mistakes that businesses should avoid when setting up in Kaki Bukit Avenue 1, including:
"The future of Kaki Bukit Avenue 1 is bright. The area has all the ingredients to become a key industrial hub in Singapore. With its strategic location, affordable land, and skilled workforce, Kaki Bukit Avenue 1 is well-positioned to attract a growing number of businesses in the years to come." - Urban Redevelopment Authority (URA)
Year | Land Take-Up (sq m) |
---|---|
2017 | 1,000,000 |
2018 | 1,200,000 |
2019 | 1,500,000 |
2020 | 1,700,000 |
2021 | 1,950,000 |
Industry | Percentage of Land Take-Up |
---|---|
Logistics and warehousing | 40% |
Manufacturing | 30% |
Food and beverage | 15% |
Engineering | 10% |
Automotive | 5% |
Benefit | Description |
---|---|
Strategic location | Easy access to major transportation nodes |
Affordable land | More affordable than other parts of Singapore |
Skilled workforce | Large pool of skilled workers in the vicinity |
Government support | Incentives for businesses that locate in the area |
Pain Point | Description |
---|---|
Traffic congestion | Can make it difficult to move goods and people in and out of the area |
Lack of parking | Limited amount of parking available |
Industrial noise | Can generate noise and pollution |
Kaki Bukit Avenue 1 is poised to become the next big thing in Singapore's industrial scene. With its strategic location, affordable land, and skilled workforce, the area is attracting a growing number of businesses. By understanding the benefits and pain points associated with setting up in Kaki Bukit Avenue 1, businesses can make informed decisions about whether or not the area is the right location for their operations.
If you are considering setting up an industrial business in Singapore, Kaki Bukit Avenue 1 is definitely an area that you should consider. With its strategic location, affordable land, and skilled workforce, Kaki Bukit Avenue 1 has all the ingredients to help your business succeed.
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