Q01 :  What is the reserve launch bank scheme?
Q02 :  How many years are considered long term, medium term and short term? 
Q03 :  If I can meet the allocation criteria, will JTC grant me the required tenure for the site of my choice? 
Q04 :  Can I make a request for tenure of odd number of years like 33 years?
Q05 :  How do I indicate my interest for a particular site?
Q06 :  Are the sites on the reserve launch bank available immediately?
Q07 :  Can I make a reservation for the site as I need some time to sort out my business details?
Q08 :  What are the allocation criteria?
Q09 :  If my request for a site on the reserve launch bank scheme is rejected, can JTC offer alternative sites for my consideration?
Q10 :  What is the price for sites allocated through the reserve launch bank scheme?
Q11 :  What are the terms and conditions for allocation?

Q01 :  What is the reserve launch bank scheme?

A01 : The reserve launch bank is a land launch scheme that allows sites to be used on a flexible tenure basis.  The key feature of the reserve launch bank scheme is that the tenure of the sites under this scheme is not stipulated. Instead, customers can indicate the required tenure for their desired sites in accordance to their operational requirements.
 
JTC will consider all proposed tenure terms, given the maximum tenure of the site is not exceeded. Upon receipt of interest for a site, JTC will advise customers on the allocation criteria and the administrative procedures for the application of the subject sites.

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Q02 :  How many years are considered long term, medium term and short term? 

A02 : Tenure definition is as such:

• Long-term – typically applicable for 30 years and longer
• Medium term – typically applicable for tenure between 10 to 20 years
• Short-term – typically applicable for 1 to 3 years

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Q03 :  If I can meet the allocation criteria, will JTC grant me the required tenure for the site of my choice? 

A03 : JTC will consider the tenure term requested by customers, subject to the maximum allowable tenure for the site and development plans for the site.

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Q04 :  Can I make a request for tenure of odd number of years like 33 years?

A04 : As each site has its own peculiarity, consideration for such requests will be on a case-by-case basis. Please contact our Marketing Officers for such requests.

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Q05 :  How do I indicate my interest for a particular site?

A05 : Please email your request to us, indicating your preferred site, tenure term and usage.  Our Marketing Officers will contact you for further discussion thereafter.  Please note that all applications are considered on a first-come-first-serve basis.

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Q06 :  Are the sites on the reserve launch bank available immediately?

A06 : Yes.

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Q07 :  Can I make a reservation for the site as I need some time to sort out my business details?

A07 : Please contact us at 1800 5687000 or email your request to us.  Our Marketing Officers will be in touch with you on your request.

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Q08 :  What are the allocation criteria?

A08 : Depending on the required tenure and subject to the maximum allowable tenure of the subject site, JTC will administer the application in accordance to the appropriate land tenure scheme.  For example, a request for 30 years would be administered as a long-term tenure under OLAS*.  In this regard, the allocation criteria under OLAS would apply. In addition, please note that the proposed usage would have to be compatible with the neighbouring sites.  Please contact  our Marketing Officers on the site that you are interested in.

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Q09 :  If my request for a site on the reserve launch bank scheme is rejected, can JTC offer alternative sites for my consideration?

A09 : You may wish to review the current sites for long-term tenure, medium-term tenure or short-term tenure under our land launch schemes: OLAS, STELL or TOL * depending on your required tenure.

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Q10 :  What is the price for sites allocated through the reserve launch bank scheme?

A10 : The allocation will be at prevailing rates at the point of allocation.  You may refer to the schedule of rates for reference.  However, please note that the rates and information contained therein are applicable at the time of publication and are subject to change without prior notice.