Market watchers say the latest changes in JTC policies will benefit genuine industrial users but discourage property speculators. From Nov 15, JTC will lengthen the prohibition period for lease assignments and increase the minimum occupation period for anchor tenants who…
Industrialists and third-party facility providers such as property funds/developers who own industrial properties on JTC-leased sites will now be required to hold these properties for a longer period before they may sell them. JTC has also extended the minimum occupation…
Credit Suisse‘s equity research team has expressed concern about the industrial property segment on the back of increases in rents and prices for this type of property in the third quarter of the year. In a report yesterday, it noted…
JTC Corporation will take over from the Urban Redevelopment Authority (URA) as the government agency overseeing the collection and dissemination of data on industrial property. Trade and Industry Minister Lim Hng Kiang said yesterday that a change is needed as…
Singapore New Project Launches 