Former HDB Industrial Properties
An assignment is a transfer of the Tenancy/ Temporary Occupation Licence (TOL) from you, the existing registered tenant (Transferor) to another party (Transferee) or when there is a change to the Unique Entity Number (UEN) due to business change.
During the Tenancy/ TOL term, you may change your business structure or trade to adapt to changing business environments.
These changes may include:
For such business change, you must seek our prior approval and for cases with a change in UEN, it will be deemed as an assignment and a re-contract of the Tenancy/ TOL will be required.
Assignment of tenancies are only allowed for the following scenarios:
For scenario 1 above, the Transferee will be contracted on a fresh term of 3 years and the rent payable will be based on the prevailing market rent or existing contract rent, whichever is higher.
For scenario 2 above, you will take over the balance term and the existing contract rate will apply.
Administrative fees for online applications are waived. As part of our efforts to improve your online experience, we have streamlined our online application process. Please refer to the Step-by-Step Guide on how to apply online.
Hardcopy applications, although not encouraged, can still be accepted with an administrative fee. Please download the hardcopy application form here.
The information presented above is intended to be used as a reference only. You may contact your JTC Customer Engagement Officer who will guide you through the application process.