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Step-by-Step Guide





Home > Policies > Lease Management > Assignment of Lease > Step-by-Step Guide > Pages > index.aspx  
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Step-by-Step Guide to Assignment of Lease

STEP 1

Filling up application from 

Assignor or Transferor fills in application form or makes an online application to request for assignment or transfer of lease. To apply online, please click here.

Alternatively, you may download the application forms here if you wish to do a hardcopy submission. Please click on the following links to download the annexes mentioned in the hardcopy application forms if you wish to do a hardcopy submission:

Annex 01 - Negative List & Further Assessment List
Annex 02 - List of controlled hazardous chemicals
Annex 03 - List of toxic wastes
Annex 04 - Food Zones Location Maps
Annex 05 - List of activities allowed in Business Park
Annex 06 - List of uses that do not require clearance from CBPU
Annex 07 - List of Scheduled Premises
Annex 08 - Tuas View Biomedical Park - 1 Km Boundary Map
Annex 09 - Biomedical Park Location Maps
Annex 10 - List of common breaches
Annex 11 - List of activities that have potential to cause land pollution
Annex 12 - List of activities compatible with Food Industries
Annex 13 - Food Zones - 100m Boundary Maps
Annex 14 - Tuas View Biomedical Park - 100m Boundary Map
Annex 15 - Paya Lebar iPark - 100m Boundary Map

The following applications will require additional forms to be submitted for further assessment (please click on it to download the relevant forms): 

STEP 2

Obtaining clearances from relevant government agencies

Should there be a change or extension of use upon assignment or transfer, clearances from the Central Building Plan Unit (CBPU) and Public Utilities Board (PUB) (if applicable) have to be obtained prior to submission of application. Any proposed change in use or extension of use has to be compatible with the surrounding industries in general.

STEP 3

Assessment of application

JTC will notify the Assignor or Transferor and Assignee or Transferee of the outcome within 14 working days.

 

STEP 4

Due acceptance of terms and conditions to the assignment or transfer of lease

To properly accept all JTC's terms and conditions of consent to the assignment or transfer of lease, all the following documents must be submitted to JTC within 3 weeks from the date of consent:

From the Assignor or Transferor (Seller): 

  • Letter of acceptance of the terms and conditions in the consent letter;
  • Administrative fee prescribed by JTC of up to $500 and an additional fee of $500 (for non-amenity) or $100 (for amenity), for the change of use, if applicable. All fees are subjected to prevailing GST;
  • Certified true copy of the resolution (not applicable to partnership or sole-proprietorship);
  • Letter of undertaking from solicitor;
  • Any outstanding Certificate of Statutory Completion (CSC) for existing buildings and structures (if applicable);
  • Letter of confirmation pertaining to subletting (if applicable).

From the Assignee or Transferee (Buyer):

  • Letter of acceptance of the terms and conditions in the consent letter;
  • Certified true copy of the resolution (not applicable to partnership or sole-proprietorship);
  • Duly completed GIRO authorization form;
  • Memorandum of Articles and Associations (not applicable to partnership or sole-proprietorship);
  • Certificate of incorporation (not applicable to partnership or sole-proprietorship) or certificate of registration (for limited liability partnerships);
  • Clearances from CBPU and PUB and a copy of the application form submitted where applicable;
  • Letter of undertaking from assignee or transferee (applicable for inclusion or withdrawal of partners or conversion to Pte Ltd).

 

STEP 5 Execution of the Deed of Assignment or Transfer Instrument

The Assignor’s or Transferor’s must confirm with JTC prior to execution of the Deed of Assignment or the execution and registration of the Transfer Instrument (as the case may be) that JTC has no objections to the execution of the Deed of Assignment or the execution and registration of the Transfer Instrument (as the case may be).

 

STEP 6

Execution of Supplementary Agreement or Variation of lease

Assignee or Transferee will need to execute a Supplementary Agreement or Variation of lease to be prepared by JTC’s Legal department. All legal costs, stamp fees and other expenses (subject to prevailing GST) arising in connection with the issue of the Supplementary Agreement or Variation of lease will be borne by the assignee or transferee.



Last updated on 07 Oct 2008
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