JTC Standard Factory Launch and Tender Application
What is available for Tender for JTC Standard Factory Launch? - UPDATED 4TH DECEMBER 2019
How to Successfully Apply for Approval & JTC Allocation for JTC Standard Factories / JTC Ready Built Factory?
JTC Standard Factories / JTC Factory with Land are typically detached, semi-detached or terrace low-rise units that are meant for a single user. With a ceiling height of up to seven metres, JTC standard factories / JTC Factory with Land go up to three storeys high and are designed for businesses in the heavy industries which certificated as JTC Industrial B2 Factory, requiring larger ground floor space for the movement and storage of goods. JTC Standard factories refer to all JTC Properties which include JTC Warehouse / JTC Purpose-built Factory / JTC Land / JTC Custom Built Factory / JTC Design and Build Factory / JTC Ready-Built Factory / JTC Terrace Factory and JTC Standalone Factory.
- JTC Approved Trades / JTC Usages including : Chemical / Logistic / Manufacturing / Fabrication / Food / Distribution.
- JTC launches standard factories / JTC Factory with Land on a quarterly basis for both JTC Rental & JTC Sale.
- Applicants are assessed based on the company's economic contributions, investment commitments, quality of employment and land optimisation efforts, if applicable. Applicants are required to submit to JTC detailed Business Plan.
Applicants will be assessed on the following:
- Applicants' need for a land-based facility. Applicants that can operate in space should take up high rise space.
- Applicants' economic contribution, proposed investment, quality of jobs created and land optimisation
- Applicants' proposed investment must meet the minimum requirement for Plant & Machinery investment. The proposed investment must be fulfilled within the building and investment period, which is 3 years. Failure to do so will lead to pro-rating of the lease term.
Applications are open for THREE (3) weeks and applicants are to submit their application during this period. JTC will notify the applicants of the outcome of their application EIGHT weeks from the closing date of the launch.
Terms and Conditions for JTC Standard Factory Launch
Important Information on some of the Terms and Conditions for JTC Standard Factory Launch for JTC Rental & JTC Sale.
- COMPLETE SUBMISSION
Applicants who are sole proprietors have to submit latest statement of account, even if unaudited. Applications without Application Deposit, Detailed Business Plan using the prescribed format or latest audited statement of accounts will NOT BE CONSIDERED.
- COMPANY VISIT / INTERVIEW
JTC shall visit / interview selected Applicants in order to better assess the selected Applicants' businesses. JTC shall inform the selected Applicants in advance the exact dates and time of the visits / interviews. In the event, any of the selected Applicants cannot accommodate JTC's visit / interview on the allocated date and time, the said Applicant's application for the JTC factory shall be based solely on the information submitted in the Application Form
- SUBMISSION DETAILS
(i) Applicants are to indicate the preferred tenure option (either 3+3 years or 20 years) and proposed usage in the Online Application Form.
(ii) Applicant can apply for more than one unit. However, JTC reserves the right to allocate only one unit to the Successful Applicant. JTC is not under any obligation to disclose any reason for its decision.
(iii) Applicants are to submit their application and all supporting documents ONLINE at http://www.jtc.gov.sg/SF Before Closing Date.
- APPLICATION DEPOSIT
In the event:-
(i) the Applicant withdraws the application for the factory after the closing date of the launch; or
(ii) JTC makes an offer of the JTC factory to the Successful Applicant and the Successful Applicant fails to accept the offer within the stipulated time,the Application Deposit shall be FORFEITED without prejudice to JTC's rights to recover other damages which JTC may have suffered.
- POSSESSION OF LAND & BUILDING
(i) Vacant possession of the land and building shall be delivered to the Successful Applicant upon full acceptance by the Successful Applicant.
(ii) The Successful Applicant shall accept the said land and building on an "as is where is" basis as regards to the matters mentioned in Condition 1 and in all other respects as at the date of delivery of possession of the said land and building, AND the Successful Applicant shall not at any time:
a) object to or refuse the delivery of possession of the site to him;
b) claim for any compensation or reduction of the building price, or
c) require JTC to remove any encroachment, structure, or thing present on or within the said land and building.
(iii) Any A&A works shall be subject to JTC's approval and comply with prevailing regulations imposed by the relevant Competent Authorities.
- VALIDITY OF INFORMATION
(i) Information and pricing are subject to change without prior notice.
(ii) JTC does not warrant the accuracy of the above list and expressly disclaims liability for errors or omission therein.
(iii) Please make independent queries and check with relevant Competent Authorities for clarifications.
- LEGAL DOCUMENTS
The Successful Applicant shall sign agreement(s) in JTC's standard terms and conditions and such terms and conditions are not negotiable.