Third-Party JTC Build and Lease Scheme: A Comprehensive Guide

Answer: To facilitate private sector participation in the industrial market, JTC allows third-party facility providers to be their lessees if they engage in "Third-Party Build and Lease" (Third-Party B&L) or "JTC Sale and Leaseback" (S&LB) scheme.

• The Third-Party JTC Build and Lease - B&L scheme enables key and strategic industrialists to appoint a qualifying third-party facility provider to undertake the development of a customised facility under JTC Design & Build according to the industrialist's specifications. In return, the industrialist undertakes to lease the facility from the third-party facility provider under a set of negotiated terms and conditions agreed between them. The Third-Party JTC Design & Build - B&L scheme provides companies with the option of operating in customised facilities without having to pay the development costs up front.

• Under the S&LB scheme, the industrialist assigns the completed facility to the third party facility provider, who in turn leases back the facility to the industrialist for continual usage.

Answer: JTC allows the following list of third-party facility providers to participate in Third-Party JTC Build & Lease and JTC Design & Build / JTC Sale and Leaseback for JTC Facility:

• Trusts/ Investment Funds / JTC Reits that are holders of Business Trust Licence/ Capital Markets Services Licence issued by MAS (see MAS legislation guidelines);

• Developers who have an established and credible track record of having been involved in the business of developing property-related projects in the last 5 years; and

• Industry Association/ Consortium Sponsored Vehicles that are supported by economic agencies e.g. EDB and SPRING.

Answer: If the original anchor tenant leaves, third-party facility providers can apply via the customer service portal to replace them with new anchor tenant(s).

The proposed new anchor tenant(s) must continue to occupy at least 70% of the GFA. If there is more than one anchor tenant, each one must occupy at least 1,000 sqm.

The proposed new anchor tenant(s) must also meet JTC's assessment criteria based on:

• The productivity of the space being used

• Creation of good quality jobs and value-add to the economy

During the subletting period, if the anchor tenant(s) wish to increase/decrease their GFA by more than 20% or change their usage, the third-party facility provider will need to re-apply to JTC for the anchor subletting.

The remaining 30% of the GFA can be sublet to other businesses. However, this is subject to JTC's assessment of usage compatibility, as well as payment of applicable subletting fees.

Further details on the subletting policy can be found here.

Answer:  

• Original anchor tenant in Third-Party B&L programme

Minimum Gross Floor Area - To occupy at least 50% GFA within 5 years from obtaining the first TOP, and at least 70% thereafter

Minimum Occupation Period - During the investment period and minimally 5 years thereafter

The original anchor subtenant is required to occupy minimum 50% of GFA within 5 years from the first TOP for the site and minimum 70% thereafter.

The balance space of a maximum 50% GFA within 5 years from obtaining TOP and a maximum of 30% thereafter can be sublet to other industrialists, subject to usage, compatibility and payment of sublet fee.

• Original anchor tenant in S&LB programme

Minimum Gross Floor Area - To occupy at least 70% GFA

Minimum Occupation Period - Minimally 5 years from date of legal completion of assignment (Leases with ≤ 30 Years Remaining)

Minimum Occupation Period - Minimally 10 years from date of legal completion of assignment (Leases with > 30 Years Remaining)

Answer: Should the original anchor tenant leave after fulfilling the minimum occupation period, the third-party facility provider is required to ensure that the minimum 70% GFA is occupied by other approved anchor tenant(s) at all times. Multiple anchor tenants are allowed to jointly fulfil the minimum 70% GFA requirement and each is to occupy at least 1,000 sqm.

An approved anchor tenant 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. Upon qualification as an anchor tenant, the anchor tenant can stay for any period in the building and reassessment is only required if there is a change in its GFA take-up by more than 20% and/or change in use.

Answer: Third-party facility provider lessees in new third-party JTC build and lease contracts / JTC Design & Build

• Assignment Prohibition Period  - During the investment period and 5 years thereafter

Third-party facility providers who have purchased JTC Design & Build facilities from the secondary market (i.e. new assignment contracts)

• Leases with ≤ 30 Years Remaining - 5 years from the date of legal completion of the assignment

• Leases with > 30 Years Remaining - 10 years from the date of legal completion of the assignment

All third-party facility provider lessees for JTC build and lease contracts / JTC Design and Build / JTC Sale and Leaseback

• Leases with < 5 years remaining

Answer: With effect from 1 January 2013, the payment scheme for new assignment contracts involving third-party facility providers  JTC Build & Lease and JTC Design & Build / JTC Leaseback has been revised to upfront land premium.

Alliance Facilities Management Pte Ltd: 

• ✅ Established in 2011, Alliance Facilities Management Pte Ltd has been Singapore’s trusted specialist in JTC Lease Assignment Applications, JTC Lease Renewal Applications, JTC Anchor Tenant Applications, and related industrial property services. We help clients navigate Singapore's complex industrial real estate landscape with clarity, compliance, and confidence.

• ✅ With over 150 successful JTC submissions valued at more than SGD 1.5 billion, our proven track record and deep regulatory expertise have made us a leading name in JTC consultancy. Our team works with a broad spectrum of clients, including listed companies, MNCs, and SMEs—delivering tailored support aligned with JTC’s evolving policies and business requirements. Read More >>

Why Choose Alliance Facilities Management? 

• ✅ Proven Results: 150+ JTC approvals and counting

• ✅ Success-Based Fees: No upfront charges—we only get paid when you do

• ✅ Expertise in JTC Guidelines: We understand what JTC looks for and how to present your case

• ✅ Comprehensive Documentation: Business plans, fixed asset justifications, job creation strategies, and compliance support

• ✅ Full-Spectrum Support: From pre-submission to post-approval coordination

Customers We Serve:

We’re proud to serve a wide array of industries and business sizes, including:

• ✅ Listed Companies (21%)

• ✅ Multinational Corporations (22%)

• ✅ Small and Medium Enterprises (57%)

Our diverse client base spans:

Sector (% Share)

• Chemical / Gas (9.26%)

• Construction / Engineering (21.30%)

• Distribution / Warehousing (12.04%)

• Food Production / Distribution (12.04%)

• General Manufacturing / Engineering (10.19%)

• Logistics / Transportation (7.41%)

• Marine / Shipbuilding (11.11%)

• Others - Waste Treatment / Automobile (5.56%)

• Precision Engineering / Cleanroom (6.48%)

• Retail & Distribution (4.65%)

We tailor our services to the unique challenges and opportunities of each sector.  Read our 2026 Featured Success Stories here >>

Success-Based JTC Consultancy You Can Trust

Our business model is simple: we win only when you do. That means no upfront fees. Our reward is directly tied to securing JTC's approval for your application. If, during our initial assessment, we believe the project is unlikely to be approved, we will advise you candidly before proceeding. Let us know how we can help.  Read More >>