JTC | Airport Logistics Park of Singapore

Airport Logistics Park of Singapore

The 26-hectare Airport Logistics Park of Singapore (ALPS) was Singapore's first logistics park with Free Trade Zone status when it officially opened in 2003. To date, it is recognised as a leading player in the industry for its top-quality park management, excellent customer service, first-rate infrastructure, excellent connectivity, convenient location as well as costs and tax incentives.

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RENTS & PRICES

LOCATION	LAND RENT ($ psm per annum)	LAND PRICE 30- YEAR LEASE ($ psm)
Airport Logistics Park of Singapore
Up to PR 1.0	23.21	351
Up to PR 1.2	25.34	400
Up to PR 1.4	27.62	442
Up to PR 2.0	35.99	608
Up to PR 2.5	40.62	714

Important Notes:

Rates are pegged to the maximum allowable Plot Ratio (PR) for the site.
Sites fronting certain main roads, expressways and/or within the vicinity of MRT stations are Prime Sites and the rates are 5% -20% higher than equivalent normal sites.
Under the Rental Scheme, land rent is payable monthly in advance, and will be revised to the prevailing JTC's posted rate with a 5.5% escalation cap annually.
Alternatively, lessees can opt to pay the lump sum land price upon acceptance of offer. Please consult our Marketing Officers for more information.
Lessee shall bear and pay property tax to the Inland Revenue Authority of Singapore (IRAS) directly.
Service charge, where applicable is payable by lessees at a rate $4.92 psm pa.
All rates quoted are subject to the prevailing GST.
Rates indicated may change at the point of offer due to changes in market conditions.
The rates and other information contained herein are applicable at time of printing and are subject to change without prior notice.