Other

What are JTC properties?

What are JTC properties?

ALL PROPERTIES

  • Specialised Industrial Park. Airport Logistics Park of Singapore. Jurong Island. LogisParks. MedTech Park. Offshore Marine Centre.
  • Business Park. Changi Business Park. CleanTech Park. International Business Park. Jurong Innovation District. Mediapolis.
  • Land for General Industries.
  • Land for Food Industry.

Does JTC allow subletting?

Subletting for lessees If you are a lessee of land or land-based facilities, you can sublet to related and non-related businesses. For non-related businesses, you can sublet up to 30% of your Gross Floor Area.

Is JTC a government agency?

Set up in 1968, JTC is the lead government agency responsible for the development of industrial infrastructure to support and catalyse the growth of industries and enterprises in Singapore.

What is a flatted factory?

Flatted factories means a group of small industrial units located in multi-storeyed buildings sharing common services and facilities and having their undivided share in the land; Sample 1.

What do you mean by industrial park?

Industrial parks are a portion of the city that are specifically reserved for industrial use. These zones are not for the use of commercial or residential needs. Industrial parks generally include ports, oil refineries, distribution centres, warehouses, and factories.

How long is JTC lease?

The Assignment Prohibition Period is 5 years if your remaining lease is 30 years and less; or 10 years if your remaining lease is more than 30 years. Your remaining lease term is more than 5 years, except for leases of land-based or prototype factories in Defu Industrial Estate.

What is anchor tenant in JTC?

The approved anchor tenant of a Third-Party Facility Provider is defined as a company that satisfies JTC’s assessment of value-added, remuneration per worker and skilled worker profile, as well as the minimum GFA requirement.

Is JTC a private company?

JTC Corporation (abbreviation: JTC), formerly the Jurong Town Corporation, is a government agency in Singapore that champions sustainable industrial development.

How big is JTC?

As the industrial infrastructure specialist, JTC has developed over 7,000 hectares of industrial land and 4 million square metres of ready-built facilities.

What is a ramp up warehouse?

With the provision of a ramp, ramp up factory units can conveniently drive up the ramp and have easy and direct access to the unit. This also means easy loading and unloading of goods since vehicles can drive to the door step of the unit.

What’s the meaning of flatted?

even or smooth, without projections or depressions. a flat surface. 3. lying stretched out at full length; prostrate.

Are industrial parks bad?

An industrial park is a section of the city that has been designated, planned, and zoned for industrial development. On the downside, industrial parks often create environmental worries, due to increased pollution and the potential for the grounds and surrounding area to be damaged by contaminants.

Author Image
Ruth Doyle