Purchase Prices, Rents and Other Charges

Lease of Industrial Land

Land Rent
You are required to pay a land rent for the lease of industrial sites. The rental rates vary according to the location of the sites. The land rentals are paid in advance every month and are revised annually to JTC Corporation's land rent at the time of revision, with a 5.5% escalation cap over the preceding year's land rent. 

Land and Building Price
Alternatively, industrialists can also make a lump-sum payment of the land and building price at the beginning of the lease. This scheme applies for a maximum lease term of 30 years.

Other Fees
Other fees and charges include JTC survey fee, URA processing fee, Singapore Land Authority fee, cost of preparation of the Building Agreement and Lease, and Goods & Services Tax (GST).

Flatted Factory Rental Scheme

Building Rent and Service Charge
If you are renting your flatted factory space, you will have to pay your building rent monthly in advance. A service charge is also levied for the provision of maintenance services and management of the estate and building. This is also payable monthly in advance.  A 10% interest per annum will be payable on the outstanding purchase price if you opt to pay by instalments.

Security Deposit
You will be required to place a security deposit for the tenancy term. The deposit is equivalent to THREE months' rent and service charge. The deposit may be paid in the form of a Banker's Guarantee, Insurance Guarantee or Cash.  However, if you pay your rent and service charge by GIRO, your security deposit will be reduced from THREE months to ONE month.  This is part of the off-budget measures introduced since 1 April 2003 for tenancies and temporary occupation licences.

Other Fees
Other charges include stamp fees and GST. 

Standard Factory Purchase Scheme

Land and Building Price
Please refer to the product brochure for the land and building price of our standard factory unit. You may opt to make payment in one lump-sum or just an initial downpayment of 10% of the land and building price upon acceptance of offer. Thereafter, the remaining 90% has to be paid on or before the commencement of the lease, failing which a late payment interest of 8.5% per annum will be levied.

Land Rent
Land rent is payable for the lease of the factory sites. The rental rates vary according to the location of the sites. The annual land rental is paid in advance every quarter and are revised each year at JTC Corporation's land rent at the time of revision, with a 5.5% escalation cap over the preceding year's land rent.

Standard Factory Rental Scheme

Land and Building Rent
For tenants of standard factory units, you will have to pay your land and building rent monthly in advance. The amount will depend on the type of standard factory that you are renting as well as the location.

Security Deposit
You will be required to place a security deposit for the tenancy term. The deposit is equivalent to THREE months' rent and service charge. The deposit may be paid in the form of a Banker's Guarantee, Insurance Guarantee or Cash.  However, if you pay your rent and service charge by GIRO, your security deposit will be reduced from THREE months to ONE month.  This is part of the off-budget measures introduced since 1 April 2003 for tenancies and temporary occupation licences.

Other Fees
Other charges include stamp fee and GST.

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Approval from Relevant Government Authorities

Please note that the offer of tenancy or lease is given to you on the condition that you can get the necessary clearances from the relevant authorities. Applicants are to obtain such clearance directly once in-principle approval of allocation is given by JTC Corporation.  These government authorities are:
Advertisement Licensing Section Building and Construction Authority MND Complex, Tower Block 5 Maxwell Road Singapore 069110 Tel: 63257379 / 63257364 Fax: 63257150		Agri-food & Veterinary Authority MND Complex Tower Block #01-01/#02-03/#03-00/#04-00/#18-00 5 Maxwell Road Singapore 069110 Tel: 62221211 Fax: 62206068
Central Building Plan Unit National Environment Agency Environmental Building (13th Storey) 40 Scotts Road, Singapore 228231 Tel: 67327733 Fax: 67319725		Civil Aviation Authority of Singapore Singapore Changi Airport PO Box 1, Singapore 918141 Tel: 65421122 Fax: 65421231
Defence Science and Technology Agency 71 Science Park Drive Singapore 118253 Tel: 68795333 Fax: 68723406		Development Control Division Urban Redevelopment Authority 45 Maxwell Road, The URA Centre Singapore 069118 Tel: 62216666 Fax: 62275069
Drainage Department Public Utilities Board Environment Building 17th and 18th Storey 40 Scotts Road Singapore 228231 Tel: 67319988 Fax: 67319967		Energy Market Authority Singapore Power Building #15-05 111 Somerset Road Singapore 238164 Tel: 68358000 Fax: 68358020
Fire Safety and Shelter Department Singapore Civil Defence Force 91 Ubi Avenue Singapore 408827 Tel: 62800000 Fax: 68481488		Land Transport Authority PSA Building 28th Floor 460 Alexandra Road, Singapore 119963 Tel: 1800-2255582 Fax: 63757200
Maritime and Port Authority of Singapore PSA Building 18th Storey 460 Alexandra Road Singapore 119963 Tel: 63751600 Fax: 62759247		Ministry of Health College of Medicine Building 16 College Road Singapore 169854 Tel: 63259220 Fax: 62241677
National Parks Board Headquarters Singapore Botanic Gardens 1 Cluny Road Singapore 259569 Tel: 64717808 Fax: 64723033		Occupational Safety and Health Division Ministry of Manpower #03-02 18 Havelock Road Singapore 059764 Tel: 64385122 Fax: 63171261
Power Grid Ltd Singapore Power Building #08-05 111 Somerset Road Singapore 238164 Tel: 68238888 Fax: 68238568		Sewerage Department Public Utilities Board Environment Building 15th Storey 40 Scotts Road Singapore 228231 Tel: 62824336 Fax: 67313023
Singapore Land Authority Temasek Tower #26-01 8 Shenton Way Singapore 068811 Tel: 63239829 Fax: 63239887		SPRING Singapore Information Resource Centre 2 Bukit Merah Central Singapore 159835 Tel: 62793920 Fax: 63770669
SP Services Ltd Singapore Power Building 6th Storey 111 Somerset Road Singapore 238164 Tel: 68238888 Fax: 68238239		Water Department Public Utilities Board Environment Building 15th Floor 40 Scotts Road Singapore 228231 Tel: 67327733 Fax: 62352118

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