What is the Current JTC's Land Rents and Prices for JTC's Industrial Land?
JTC's Land Rents and Prices (Updated January 2019)
- Rates are tied to the maximum allowable Plot Ratio for the site.
- Sites fronting certain main roads and/or within the vicinity of MRT stations are Prime Sites and the land rents are 5 -20% higher than equivalent normal sites.
- Service charge is payable by lessees at Airport Logistics Park of Singapore at $5.28 psm pa.
- Under the Rental Scheme, land rent is payable monthly in advance and will be revised on an annual basis to the prevailing JTC rate with a 5.5% escalation cap. The land rent for the further term of 30 years, if any, shall be revised to the prevailing rate.
- Alternatively, under the Purchase Scheme, lessees can opt to pay the lump sum land price upon acceptance of an offer. Please consult our Marketing Officers for more information.
- Lessee shall bear and pay property tax direct to the Inland Revenue Authority of Singapore (IRAS).
- 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 the time of printing and are subject to change without prior notice.
- All rates quoted are subject to the prevailing GST.
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