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Quarterly Facilities Report



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    2011 | 2010 | 2009 | 2008 | 2007

    Year 2011 Q4 | Q3 | Q2 | Q1

     

    Q4 Summary Report

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    Net allocation of Prepared Industrial Land (PIL) hit a three-year high in 2011, rising more than fourfold to 202.7 ha compared to 47.2 ha in 2010.  The net allocation of non-Temporary Occupation Licence land amounted to 203.3 ha, more than double the 88.7 ha achieved in 2010.  The strong performance was supported by healthy take-up of land on Jurong Island mainly catering to the petrochemicals, energy and chemicals logistics industries.  Overall, gross allocation of PIL rose two-and-a-half times to 409.5 ha in 2011 while termination increased by 81% to 206.8 ha.

    The occupancy level for Ready-Built Facilities (RBF) remained healthy at 96.5%, a marginal drop of 0.9%-point compared to 97.4% for 2010.  The net allocation of RBF dropped to -20,000 sqm, as compared to 5,500 sqm achieved in 2010.  Both the Standard Factory and Flatted Factory segments recorded negative net allocations of -6,700 sqm and -14,300 sqm respectively, lower than the -4,900 sqm and 11,600 sqm achieved in 2010.

     

    Q3 Summary Report

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    Net allocation of Prepared Industrial Land (PIL) rose 29% to 47.9 ha in 3Q 2011 from 37.1 ha achieved in 2Q 2011. On a year-on-year basis, net allocation of PIL rose significantly from the negative -4.4 ha in 3Q 2010. Temporary Occupation Licence (TOL) land accounted for 2.9 ha of net allocation while net allocation of non-TOL land amounted to 45 ha. Gross allocation of PIL, which was boosted by a large 17.5 ha allocation to an oilfield equipment company in the previous quarter, registered a 38% decline to 72.4 ha in 3Q 2011 from 116.9 ha in 2Q 2011. However, termination of PIL declined 69% to 24.6 ha from 79.7 ha in the previous quarter.

    The occupancy level for Ready-Built Facilities (RBF) remained healthy at 97.5%, an increase of 0.5% compared to 97.0% for 2Q 2011. The net allocation of RBF in 3Q 2011, improved to -900 sqm, from -2,500 sqm registered in the preceding quarter. The Flatted Factory segment recorded a negative net allocation of -1,600 sqm while the Standard Factory segment achieved a small net allocation of 200 sqm. On a year-on-year basis, net allocation of RBF was higher than the negative -2,700 sqm recorded in 3Q 2010.

     

    Q2 Summary Report

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    Net allocation of Prepared Industrial Land (PIL) fell 63% to 35.1 ha in 2Q 2011 from the exceptionally high 94.1 ha achieved in 1Q 2011. However, on a year-on-year basis, net allocation of PIL rose 38% from 25.4 ha in 2Q 2010. Temporary Occupation Licence (TOL) land accounted for a negative -12.6 ha of net allocation while net allocation of non-TOL land amounted to 47.7 ha. Gross allocation of PIL, which was boosted by a huge allocation to a petrochemicals company on Jurong Island in the previous quarter, registered a 36% decline to 114.9 ha in 2Q 2011 from 180.2 ha in 1Q 2011. Termination of PIL declined 7% to 79.7 ha from 86.1 ha in the previous quarter.

    The occupancy level for Ready-Built Facilities (RBF) remained healthy at 97%, a slight drop of 0.2% compared to 97.2% for 1Q 2011. The net allocation of RBF in 2Q 2011, while negative at -2,300 sqm, was an improvement on the -5,300 sqm registered in the preceding quarter. The Flatted Factory segment achieved a small net allocation of 100 sqm while the Standard Factory segment experienced a negative net allocation of -5,300 sqm. On a year-on-year basis, net allocation of RBF was slightly better than the negative -2,700 sqm recorded in 2Q 2010.

     

    Q1 Summary Report

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    Reflecting the strong quarter-on-quarter growth momentum of the economy in 1Q 2011, net allocation of Prepared Industrial Land (PIL) rebounded strongly from 3.1 ha in 4Q 2010 to 114.2 ha in 1Q 2011. Compared to the same quarter a year ago, net allocation of PIL rose five-fold from 23.2 ha in 1Q 2010. Non-Temporary Occupation Licence (TOL) land accounted for 87 ha of net allocation while TOL land amounted to 27.2 ha. Although the termination of PIL rose 89% to 66 ha in 1Q 2011 from 35 ha in 4Q 2010, it was more than offset by the near five-fold increase in gross allocation to 180.2 ha in 1Q 2011 from 38.1 ha in 4Q 2010.

    The occupancy level for Ready-Built Facilities (RBF) remained healthy at 96.7% in 1Q 2011, a slight drop of 0.2%-point compared to 96.9% for 4Q 2010. The net allocation of RBF, while negative at -5,300 sqm, was an improvement on the -14,500 sqm registered in the preceding quarter. The performances of the main RBF segments improved, with the Standard Factory segment registering a net allocation of 2,800 sqm, compared to -700 sqm in 4Q 2010 and turning around from three successive quarters of negative net allocation. The Flatted Factory segment recorded a smaller negative net allocation of -7,000 sqm in 1Q 2011, compared to -11,000 sqm in the previous quarter.

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    JTC Quarterly Faciliities Report

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    Last updated: 24 April 2012