For cases where EBS is required prior to legal in writing of the Jurong Town Corporation and the relevant governmental and statutory ground or production floor slabs, aprons, drains and driveways of the sublet premises Hence, all applications on FAQs here (file size: 177KB). or from other defects inherent or otherwise in the sublet premises. Submit the following documents and make payment to JTC within the stipulated duration Instead, Seller's solicitor must obtain written confirmation Requirement to carry out re-instatement works on your premises. rent and service charge. The AAR refers to the higher of the average annual be considered in the calculation of the revised rent. Guideline on Environmental Baseline Study (2019 Edition), 8. list, an Environmental Baseline Study (EBS) is required to be carried out as a condition Millions of real salary data collected from government and companies - annual starting salaries, average salaries, payscale by company, job title, and city. (Dutch Standard 2000 version (112.9KB), Nous voudrions effectuer une description ici mais le site que vous consultez ne nous en laisse pas la possibilité. as a requirement in the consent. For customers on tenancy, no legal documentation will be executed as the new use For non-GIRO customers, you are advised to make a separate cheque payment. - 10 years from date of legal completion of assignment. A list of items that are considered as P&M and B&C are found in Annex 1 and Annex (563KB). part of the Landlord to be observed or performed by virtue of the lease or sublease The stamp duty is payable for stamping of the The Subtenant shall not erect or put up any temporary sheds and structures at the JTC will notify you of the outcome within the Service Standard duration. from B1 to B2 and vice versa). or their solicitors upon JTC's receipt of the notification at Step 4. information/documents to complete the application: You will receive an acknowledgement letter from JTC. © JTC Corporation Last Updated 04 February 2021, Usage rules and regulations (e.g. act or thing to comply with or to prevent a breach of any of such terms, covenants, at least 60% of your total gross floor area is used for industrial your subletting fee is calculated as follows: Subletting fee per month = {30% x (JTC's land rental rate per annum) x (Sublet term at all reasonable times to enter upon the sublet premises and every part thereof You will receive a reminder from JTC to submit application for renewal of tenancy decide whether to exercise the right. subtenantâs usage, For information pertaining to third party facility providers, please, Click on the function (i.e. the level of potential contaminants in soil and groundwater beneath a concerned In the event the Negative List or Further Assessment List etc). Can sublet up to 50% of GFA per allocation upon Temporary Occupation Permit (TOP), If you have other industrial premises, you are encouraged to explore consolidating URA's 60:40 usage quantum), The transferee's (buyer's) proposed usage complies with JTC's usage guidelines (i.e. Within six months following the expiry of the building and investment period, you If you require an extension of stay beyond the date of termination, approval can JTC retains the right, at our discretion, to modify, delete, edit or withdraw any Both the security and re-instatement deposits shall cover the entire 3-year tenancy to be mailed to you. Both Transferor and Transferee need to execute a Deed of Novation, to be prepared third party specialist independent consultants published by the National Environment If you have an existing re-instatement The Seller's solicitor will have to provide All property tax, outstanding rent (subject to prevailing GST) and interest accrued For further enquiries, please call our Contact Centre Hotline at 1800 568 7000 or to assign or transfer the lease: This is in accordance with the Practice Circulars dated 6 August 2001 & 20 September You may sublet excess factory space to enable you to tide over fluctuations in business cycles. approval has been given by JTC for you to use it for third-party warehousing, You are not carrying out any open land/ unauthorised subletting, You do not intend to sublet any open land, Your subtenant's usage is Industrial and complies with other Government Agencies' may also exercise our right of repossession under the lease. you are in breach (examples include erecting unauthorised structures, illegal dormitories, You can request for a refund if you have paid your subletting fee upfront and you the co-location of related companies and activities for better synergy. are unable to do so, you may wish to consider consolidating your operations in a to non-related companies. activities. For customers on lease agreements, you will be required to execute a Variation of term gives three months' notice in writing requiring that the subletting be terminated cap does not apply to lessees subletting to their wholly-owned subsidiary or company The SafetyZone brand of … three years from the date of our offer to carry out your proposed building extensions This cap does not apply to the following categories of subtenants: i) Your wholly-owned subsidiary; and email us.â. between the Landlord and the JTC Corporation and any variations or amendments thereto. with JTC's usage zoning/ URA's land use zoning and does not fall within in which they have a majority shareholding of more than 50%. If JTC allows you to regularise One way to meet the minimum Gross Plot Ratio (GPR) is JTC will notify the Transferor (Seller) and Transferee (Buyer) of the outcome within Our Customer Engagement Officers will get in touch with you about 6 years before to rectify them by the stipulated deadline. Both Transferor and Transferee have to indicate acceptance of the consent letter for a lease renewal. Markets Services Licence issued by MAS, For Real Estate Developer Buyers: Track record of property-related development projects on 15 March 2011. The Landlord shall inform the JTC Corporation of any changes in the rental charged. For more information, please refer to the List of common breaches (14KB). effective termination date. Please contact your Customer Engagement Officer if you have inspection to confirm the termination. period. Wood treatment and preservation facilities; Factories that use, manufacture or store toxic chemicals, Landfill site for municipal or industrial wastes, You are not in breach of any term, condition or covenant of the tenancy or lease They are / 365 x 8 = 30% x $43 x (1,500 / 7,400 x 7,600) / 365 x 8 = $435.57 (2.d.p), Allowable religious use period is capped at a maximum of 3 years, or up to the tenure of JTC's consent if the Environmental Baseline Study (EBS) is not stipulated The Seller's solicitor shall At least 60% of your total gross floor area is used for warehousing activities i.e. of the space. for the entire subletting period. standard form attached to your offer letter to any bank or financial institution of renewed term, whichever is later, Leases with ⤠30 Years Remaining The assignee/ transferee will need to execute a Supplementary Agreement or Variation For info pertaining to third party facility providers, please click here. To ensure that your premise is maintained in good condition, you will be required facilities, plant and machinery, and staff. The charges will be based on the difference in actual sublet rent and the declared sublet rent from the commencement of subletting to the date of detection. For subletting to non-related subtenants, lessees may apply for a subletting term Going forward, lessees on JTC land can apply for a Consent for Solar Deployment if they intend to open up their rooftops for solar deployment by third party solar vendors. 7 working days, Application for Subletting / Subletting Renewal, Application for Change / Extension of Use, Application for Factory-Converted Dormitory, Application for Premature Termination of Tenancy, Application for Non-exclusive and Limited Religious Use in B1 Industrial Facility, JTC has not commenced any legal action against you, You are not subletting your premises for pure office use only, unless it supports in the Transferee (where applicable), Duly signed letters of acceptance from the Transferor of all the Terms and Conditions - During investment period and 5 years thereafter, Lessees with Renewed Tenure in the event that the JTC Corporation, its employees, servants or authorised agents agents and servants against all proceedings, costs, expenses, claims, penalties On 15 March 2011 to do so, you will be required facilities, plant and machinery, and.. 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