Potential customers who are interested in applying for a new JTC facility or existing customers who are keen to take up another JTC facility may wish to note that applications are assessed based on a number of criteria, including but not limited to the following:
Investment refers to the following:
a. Plant & machinery (P&M), which refers to fixed assets as defined in a company's audited statement of accounts and used in the production of goods and services in connection with the company's business. Companies applying for JTC's land or space will have to declare their overall investment figures and provide justification for the declared figure.
b. Building & Civil (B&C) works. A company is also required to meet the minimum B&C works guidelines. This comprises a set of qualitative design guidelines and standards. Companies applying for JTC's land and facilities will have to provide a set of cost figures indicating the expected building standard.
PR refers to the ratio of the floor area (FA) of a building to its site area, i.e. FA/site area. For more details on floor area and plot ratio computation, please visit URA's website.
Companies are required to declare their plot ratio and the plot ratio requirements may vary, depending on the site usage for different industries (e.g. logistics, business parks, standard factories), site locations (e.g. urban, suburban) and lease tenure period (30 years or 30+30 years).
In addition, JTC would give due consideration to other factors, including but not limited to credibility of the applicant's business proposal.
Industrialists who partner a third party non-end user on a build and leaseback arrangement, where the non-end user builds a customized facility and rents it back to the industrialist, would also be assessed based on our criteria. Similarly, the subsequent anchor end user which would be occupying at least 50% of the space will continue to be assessed by JTC for suitability
The allowable non-end users include Trusts/ Investment Funds that are holders of Business Trust Licence/ Capital Markets Services Licence issued by MAS, developers (i.e. those which have an established and credible track record of having been involved in the business of developing property-related projects in the last 5 years), and Industry Association/ Consortium sponsored vehicles that are supported by economic agencies (such as EDB and SPRING).
For more details, please contact our officers at 1800-5687000 or
for assistance.