JTC Anchor Tenant Application: A Comprehensive Guide

Alliance Facilities Management Pte Ltd: Your Trusted Partner in Singapore’s Industrial Property Market

• Established in 2011, Alliance Facilities Management Pte Ltd has earned a solid reputation for guiding both multinational corporations and small-to-medium enterprises through Singapore’s complex industrial property market—especially when it comes to JTC-related services. From JTC Lease Assignments and Lease Renewals to Anchor Tenant Applications and Industrial Land Tenders, our team offers end-to-end support to help your business secure approvals under stringent JTC guidelines.

Over a Decade of Proven Results

• Backed by over 100 successful JTC submissions totalling more than SGD 1 billion in value, our track record speaks for itself. We focus on delivering real results. That’s why we charge fees only upon successful approval, reflecting our unwavering confidence and commitment to your success. Our experts meticulously craft comprehensive business plan justifications, present fixed asset investments and redevelopment plans, and demonstrate job creation potential—all to reinforce your project’s economic value and win regulatory approval.

Comprehensive Facilities & Construction Management

• Beyond specialized JTC services, Alliance Facilities Management Pte Ltd provides holistic facilities and construction management solutions. Whether we’re optimizing your current facilities or overseeing new developments, our attention to detail and proactive approach ensure efficient execution while upholding the highest standards of quality and compliance.

Client-Centric Approach & Diverse Portfolio

• Our client-focused philosophy is at the heart of everything we do. We’re proud to serve a wide array of industries and business sizes, including listed equity firms (19%), MNCs (16%), and SMEs (65%). Our industry breakdown underscores our versatility:

Construction / Engineering: 23%

General Manufacturing: 13%

Food Production: 12%

Marine / Shipbuilding: 12%

Distribution / Warehousing: 11%

Chemical & Gas: 8%

Precision Engineering / Cleanroom: 6%

Logistics & Transportation: 6%

Waste Management / Automobile: 5%

Retail / Distribution: 4%

By aligning our expertise with the specific challenges of these industries, we deliver tailored solutions that drive efficiency, growth, and compliance.

Your Path to Success

At Alliance Facilities Management Pte Ltd, we believe that navigating Singapore’s industrial property market should be a strategic advantage, not a hurdle. Trust our decade of expertise, proven methodology, and results-driven fee structure to safeguard your interests, ensure a seamless approval process, and enhance your operational efficiency.

Contact Us today to discuss how we can support your business goals and help you thrive in Singapore’s industrial landscape.

Stay informed about the latest JTC Industrial Land Lease policy changes that aim to provide greater flexibility, certainty, and support for businesses. Below is a comprehensive overview of the enhancements and their implementation timelines.

1. Additional Three-Year Lease Tenure for New Greenfield Industrial Land Allocations

• Key Update: JTC will offer an additional three years of lease (with payable land rent/premium) for all new greenfield allocations requiring new building development. This ensures businesses can enjoy the full 20- or 30-year intended lease term.

• Why It Matters: Helps businesses cover building and development periods without sacrificing lease duration. Provides more predictability in operational and capital planning.

• Implementation Timeline: Immediate effect.

2. Introduction of the Flexible Lease Extension Initiative (FLEXI)

• Key Update: Eligible land lessees on 20-year JTC leases can extend their leases in up to two tranches of five years each. Businesses must demonstrate strong economic outcomes and commit to new plant and machinery investments to qualify.

• Why It Matters: Allows businesses to extend beyond the original 20-year term by up to an additional 10 years. Encourages sustained economic growth and investment within Singapore’s industrial landscape.

• Implementation Timeline: Targeted for 2H2025.

3. Earlier Lease Renewal Applications

• Key Update: JTC will bring forward the lease renewal application window from six years to ten years before the prevailing lease expiry.

• Why It Matters: Provides businesses with greater certainty about lease continuation well in advance. Facilitates long-term strategic planning, including expansion and technology upgrades.

• Implementation Timeline: Targeted for 2H2025.

4. Broader Recognition of Auditable Investments in Innovation and R&D

• Key Update: Beyond traditional Plant and Machinery (P&M) investments, JTC will recognize auditable investments in innovation, R&D, digital transformation, and Intellectual Property (IP) creation. This expanded definition aligns with evolving business models and supports value creation and productivity.

• Why It Matters: Encourages companies to invest in advanced technologies and IP, driving competitiveness and growth. Acknowledges modern forms of capital investments critical to innovation-driven enterprises.

• Implementation Timeline: Targeted for 2H2025.

Conclusion

These JTC Industrial Land Lease policy enhancements are designed to provide businesses with:

• Extended lease security for better long-term planning.

• Greater flexibility to adapt and grow.

• Incentives for innovation through recognition of diverse forms of investment.

For more information or to discuss how these changes can benefit your business, contact us or visit our website. Stay ahead with the latest updates and make the most of your industrial land lease tenure under JTC’s enhanced framework.

Thank you for your continued trust and partnership with Alliance Facilities Management Pte Ltd.

At Alliance Facilities Management Pte Ltd, we excel in providing JTC Anchor Tenant services, a critical solution for businesses navigating the intricate JTC property landscape in Singapore. Our trusted partners, ranging from multinational corporations to small and medium-sized enterprises, depend on our expertise to facilitate their expansion efforts in Singapore

We offer comprehensive guidance throughout the JTC Anchor Tenant application process. Our services include preparing and submitting the transferee’s business plan, providing advisory for industrial allocation from the National Environment Agency (NEA), assisting with the Land Use Proposal Form from the Land Transport Authority (LTA), and securing approval for storage of petroleum and flammable material from the Singapore Civil Defence Force (SCDF), if required..

Our client-centric payment structure requires no upfront payments, charging only upon approval. This approach underscores our confidence in our service delivery and aligns our success with our clients' achievements.

Answer: The company does not need to pay a subletting fee to JTC for a company designated as an approved JTC Anchor Tenant.

Answer: JTC assesses applications based on the economic contribution, productivity of the project, job creation, synergistic linkages to other sectors, and land use optimization.

Detailed Business Plan and Proposal are Required for submission to JTC.

Answer: 

Industrial Land productivity (Value Added) is one of the key criteria when JTC is considering applications for renewal of lease or to purchase or rent their facilities. 

DEFINITION OF JTC VALUE ADDED (VA) TERMS

Operating Income

Sale/ Revenue - Refer to sales derived from goods manufactured or processed by the company only, excluding goods purchased for resale. The value of sales should be based on selling price excluding excise duties if any.

Other Operating Income - Operating income the company derives other than those arising from the sale of manufactured goods.

Total Operating Income - Sum of Sale/ Revenue and Other Operating Income

Operating Costs

Raw Material, Components and Packaging (including subcontracted out) - Comprise direct input materials for the goods sold, both sourced from Singapore and imported, whether purchased by the company or by the outsourced company for work subcontracted out.

Work Subcontracted Out (i) In Singapore (ii) Outside Singapore - Work subcontracted out comprises activities of the company's core business which are performed externally and excludes cost of raw material, components and packaging incurred on behalf of the company Expenses from work subcontracted out are considered to have been incurred in Singapore if activities were conducted within Singapore.

Remuneration - Remuneration should pertain only to employees working in Singapore (those employed pertaining to the project). It should exclude those who are on the payroll of the Singapore entity and work outside Singapore, especially in the case of HQ projects, and should take in every component provided for in compensation package which is paid annually, including benefits. Locals refer to Singaporeans and Permanent Residents.

Depreciation - Depreciation refers to that for capital assets located in Singapore only.

Rental - Clear distinction should be made between rental arising from the use of building space and that for land.

Interest Cost - Interest Cost refers to interest payable to local banks, branches of foreign bank and other corporations.

Royalties & Know-how Fees (i) In Singapore (ii) Outside Singapore - Payment which is recurring for ongoing use of intellectual property and transfer of know-how. Does not include one-off lump sum payments made in the event of the acquisition of intellectual property.

Other Operating Costs (i) In Singapore (ii) Outside Singapore - Examples include freight charges and advertising and promotion costs. Please provide a breakdown in terms of expenses incurred and activities carried out within Singapore or outside Singapore.

Answer: 

Third-Party Facility Providers

• Must sublet at least 70% of GFA per allocation to anchor subtenant(s). Subletting to anchor subtenants can be granted till the expiry of the current lease term.

• Can sublet up to 30% of GFA to non-anchor subtenants with sublet term of up to three years for each non- anchor subtenant.

The sublet space must be occupied by an approved anchor subtenant(s) at all times. Multiple anchor subtenants are allowed to jointly fulfil the minimum 70% GFA requirement after the original anchor tenant left after fulfilling the Minimum Occupation Period.

An approved anchor subtenant is defined as a business that satisfies JTC’s assessment criteria in terms of:

• value-added per sqm of the land;

• remuneration per worker;

• skilled worker profile; and

• occupying a minimum GFA of at least 1,000 sqm.

Answer: For detailed information on the latest policy on JTC's Subletting? Visit HERE

Answer: JTC Anchor Tenant Application

• 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. 

• Detailed Business Plan and Proposal are Required for submission to JTC.

Reduced Gross Floor Area (GFA) Requirement by JTC Anchor Tenant / Subtenants

• Under 3PFP’s policy, approved anchor subtenants must collectively occupy a minimum quantum of space and each anchor subtenant must take up at least 1,500 sqm of space. We have received feedback that many quality anchor subtenants require smaller spaces than the minimum space quantum specified in the policy. In our review, we had to balance the need to ensure the provision of large spaces for quality industrialists with this feedback. To allow more quality industrialists to qualify as anchor subtenants, we will reduce the required minimum GFA to 1,000 sqm.

 JTC Anchor Tenant / Subtenants Which Remain status quo at Renewal Need Not be Reassessed

• Currently, anchor subtenants need to apply for subletting renewals and applications are assessed based on their economic contributions, the productivity of the project and the creation of good jobs. To improve administrative efficiency, the reassessment of existing anchor subtenants at renewals will now be required only when there is a change (i.e. an increase or decrease) in their occupied GFA and/or usage. Please note that applications will still have to be submitted for extensions of subletting period.

Minimum Occupation Period of JTC Anchor Tenant / Subtenant upon Renewal

• A minimum occupation period (MOP) of three years per term is currently imposed on subsequent anchor subtenants, i.e. replacement of the original anchor subtenants. To allow greater flexibility for these anchor subtenants, we will now consider the overall duration the anchor subtenants have been on site. As such, during their renewals, subject to our approval, they can now renew for any duration (depending on their business needs) after they have fulfilled their initial MOP. Similarly, this flexibility will also be extended to original anchor subtenants for their renewals after they have fulfilled their MOP.

Answer: For detailed information on the latest policy on JTC's Subletting? Visit HERE