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Renting Out B1 Industrial Space in Singapore
Researched and written 2026-09-29 16:40 SGT · 6 sources listed at the end · draft 1 · figures verified against the named sources on the date shown; where a source has since moved, the element carries a marker.
This page is for an owner of a B1 industrial unit who wants to let it out rather than occupy it -- a strata factory or warehouse floor bought to run a business from, now being turned into a rental instead, or a unit bought or inherited specifically as a rental. B1 is Singapore's 'clean and light' industrial zoning: factories, warehouses and light manufacturing sited close enough to the rest of the city that URA and NEA are satisfied a 50-metre nuisance buffer contains the impact.
Everything below assumes you already own, or are about to own, the unit; the buying mechanics sit on this site's own buy-side page. The single fact that decides most of what you can actually do with a B1 unit is not your citizenship and not your bank -- it is whether the unit sits on a JTC lease or is privately held strata title, because JTC treats letting a unit out as a request it can refuse, and a private strata unit does not carry that gate at all.
The buy-side page for this same unitThe mechanics: what B1 industrial actually gates
Two separate authorities gate a B1 unit, and satisfying one does not satisfy the other. URA's Master Plan zoning sets what the location and the building may be used for at all: B1 covers factories, warehouses and telecommunication or utility buildings producing no more nuisance than a 50-metre buffer can contain; B2 next door is the heavier, noisier zoning, needing at least 100 metres.
Sitting on top of that, wherever the land itself is JTC's, is 'approved use' -- the specific activity written into your lease or title, assessed lease by lease. A use the zoning permits is not automatically your unit's approved use, and JTC enforces breaches of the second even where the first is satisfied; residential occupation of any kind is treated as a serious breach regardless of zoning, and the landlord carries the enforcement responsibility for a tenant's breach whether or not the landlord caused it.
Within whichever use is approved, at least 60% of the unit's gross floor area must stay on the core industrial activity itself -- manufacturing, production, or warehousing and distribution all count -- with the remaining 40% capped for ancillary functions.
- Predominant use (at least 60% of GFA): light manufacturing, food packing, core media, printing and publishing
- E-business: data centres, ISPs, software development, call centres; industrial training
- Ancillary office and meeting room (within the 40% ceiling)
- Showroom, first storey only, needing its own Change of Use application after TOP
- Industrial canteen, capped at 700 sqm or 5% of GFA, whichever is lower
- Workers' dormitory, capped, barred in the Central Area and in Business Park zones
- Childcare centre (a B1-only ancillary use, not available under B2)
JTC treats the 60:40 split as non-negotiable and enforces it in stages: a complaint or inspection, a formal rectification notice, a follow-up check, financial penalties, and -- for a serious or repeated breach -- lease termination with no compensation for whatever term remained. Converting most of a unit to office space while doing minimal industrial work is named as a common violation, and so is any form of residential use.
Whether any of the JTC-specific machinery below applies to you at all turns on one further fact: is the unit on a JTC lease, or privately developed strata title? A privately developed B1 building -- freehold, 999-year, or a private site not on JTC land -- carries none of JTC's consent-to-assign or subletting-cap process. An owner there can let out up to the whole unit at any time, subject only to URA's zoning and the 60:40 rule, on the same open footing as an office or a shop. Everything that follows about JTC's consent regime applies only where JTC, not a private developer, sits at the head of your chain of title.
Eligibility: can you actually let this unit out
On a JTC-leased unit, the lease itself may carry an owner-occupier condition: you, the lessee, must occupy and use at least 70% of the floor for your own qualifying industrial activity, with the remaining 30% sublettable from the outset subject to JTC's consent. Other JTC leases allow subletting from day one with no owner-occupation period first -- which condition binds you is set by your specific lease, not by the B1 zoning label. If you want to go further than your lease allows -- converting from owner-occupier to a fully let-out investment, renting out more floor than the owner-occupier condition and the 30% cap permit -- you must notify JTC and get its consent before doing so. Operating as a landlord beyond what your lease permits, without that approval, is reported to risk penalties, recovery of the unauthorised rental income, and a mark against your ability to later sell or renew.
Once you have established you may sublet at all, JTC's own subletting page sets the cap: a lessee should first fully occupy and use 100% of its own GFA for its own qualifying business, and only then may sublet at most 30% of GFA to an unrelated business, for at most 3 years or the remaining lease term (whichever is shorter), with JTC's prior written approval sought through its Customer Service Portal -- outcome typically within 7 working days. Space let to a related company, over 50% common shareholding either way, sits outside that 30% cap but still needs approval. Subletting for office use only is not permitted -- any office component in the sublet space must support the primary industrial operation there -- and open land may not be sublet at all. Every subtenant must independently clear NEA, ACRA and any other applicable agency, and must itself satisfy the 60:40 rule. Subletting without approval risks lease termination or a fee of up to 100% of the assessed sublet rent.
A further wrinkle inside a larger JTC-linked development: the entity actually above a tenant is often not JTC and not the original lessee, but a third-party facility provider -- commonly a MAS-licensed REIT or fund, an established developer, or an EDB or Enterprise Singapore-backed industry association -- that built and leases the facility (Build-and-Lease) or bought it from the original industrialist under sale-and-leaseback. That provider must keep an anchor tenant occupying at least 70% of the facility's GFA; losing that anchor is a vacancy risk sitting above every subtenant in the building, whether or not that subtenant ever deals with JTC directly. If you are structuring your own unit around one of these arrangements, or being asked to become a subtenant of one, confirm which of the three you actually are -- direct JTC lessee, facility provider, or subtenant of a facility provider -- before signing, since rights on lease termination differ sharply between them.
The practical running of the tenancy, once you can let at all: typical industrial lease terms run 1 to 3 years, with a security deposit commonly quoted as one month's rent per year of the lease term for a private landlord, or a flat 3 to 6 months' gross rent depending on the tenant's paid-up capital, the lease length, and the extent of your own fit-out investment -- a unit with heavy fit-out risk (a food-factory configuration, custom ventilation, heavy power load) is reported to command 3 months even on a 2-year lease. There is no government-set minimum or cap on a commercial security deposit the way HDB rental deposits are informally benchmarked.
Budget separately for landlord's insurance: annual fire and property cover on a strata commercial or industrial unit is reported at roughly 0.05% to 0.15% of reinstatement value, with public liability typically carried at S$1 million to S$5 million sum insured. The reported split: you insure the structure, landlord-installed fixtures and public liability for the common areas; your tenant insures its own fit-out, equipment, stock and operational liability. Standard JTC-linked leases run in multi-year blocks with renewal options built in rather than automatic, tenants are typically budgeted for service and conservancy charges and a share of property tax, and you can require the space reinstated to its original condition at the end of the term.
The heavier B2 version of this same gateCitizenship status: SC, PR, foreigner, and FTA nationals
This is the shortest citizenship section on this site, for one clean reason: none of the machinery that dominates a residential purchase or letting reaches industrial property. The Residential Property Act's foreign-ownership approval regime applies only to restricted residential property -- landed homes, vacant residential land, land over 1,500 sqm in a landed estate; commercial and industrial property, B1 included, carries no nationality-based ownership or leasing restriction at all, and a foreign person or a foreign-owned company needs no SLA approval to buy or hold one.
Additional Buyer's Stamp Duty, the tax that does most of the citizenship work elsewhere on this site, reaches residential property only -- it is not charged on a B1 purchase for any buyer, of any citizenship, however many other properties they already own. The FTA parity rule that gives US, Swiss, Liechtenstein, Norwegian and Icelandic nationals (and EFTA PRs) the same ABSD treatment as a Singapore Citizen therefore does nothing extra for a B1 purchase specifically -- it is already zero for everyone. It still matters if the same buyer also owns, or plans to buy, residential property elsewhere in a portfolio; that citizenship question belongs on this site's residential pages, not this one.
Taxes: what actually gets charged on the way in, and on the rent itself
Buyer's Stamp Duty still applies on entry, on its own non-residential schedule: the same first four residential bands -- 1% on the first S$180,000, 2% on the next S$180,000, 3% on the next S$640,000, 4% on the next S$500,000 -- but capped at a flat 5% on everything above S$1.5 million, without the 5%/6% top bands the residential schedule adds above S$1.5m and S$3m. There is no ABSD on top of it, whoever the buyer is. [⚠ sa.bsd.nonresidential_schedule_2026: sources differ; awaiting a ruling]
The tradeoff for zero ABSD on entry is a real Seller's Stamp Duty on exit that residential buyers on this site's other pages mostly do not carry: 15% in year 1, 10% in year 2, 5% in year 3, nil after a 3-year hold, computed on the higher of price and market value, for industrial property acquired on or after 12 January 2013. The emphasis runs the opposite way to a home purchase -- light duty going in, real duty going out early -- worth pricing in if you are only now converting a unit to a rental and might need to sell it soon after.
Once let out, the unit is taxed as non-residential property for annual property tax: a flat 10% of Annual Value, with no owner-occupier concession available at any point and no relief for a vacant period -- the same flat rate that applies to this site's office and retail pages. GST at 9% applies to the sale and the lease of industrial property where the landlord is GST-registered; a landlord who simply owns and lets a single warehouse is not obviously running a 'going concern' in the sense IRAS's transfer-of-business relief needs, so do not assume that relief applies to a straightforward letting without checking.
On the rent itself, the deduction rules are narrower than this site's residential landlord page: for tenanted non-residential property, only actual expenses can be claimed against rental income -- the 15% deemed-expense shortcut available to a residential landlord does not extend to commercial or industrial property, so keep every receipt for at least 5 years. Mortgage interest on the loan taken to buy the let-out unit is deductible as one of those actual expenses, so long as the loan was genuinely used to buy that property; a rental deficit cannot be offset against your other income. From Year of Assessment 2022, repair, insurance, maintenance or upkeep spending, and property tax, incurred while the unit sits vacant between tenants is also deductible, provided you can show reasonable efforts to find a new tenant during the void.
Who pays what rate on the net figure then depends on who owns the unit: a resident individual adds it to other income at the ordinary progressive personal rates; a non-resident individual is taxed at a flat 24% and must still file; a company pays the flat 17% corporate rate, with property tax on the unit deductible against the same rental income.
Borrowing: financing the unit you plan to let out
No MAS-mandated LTV ceiling reaches industrial property the way it does a home; each bank sets its own, commonly 60-80% of value, and compresses further once a JTC-leasehold unit drops under about 30 years remaining. An individual borrower is still assessed on the ordinary 55% TDSR ceiling and MAS rate floor; a company borrower is assessed instead on Debt Service Coverage Ratio, commonly a 1.2-1.4x minimum, crediting up to 70% of gross monthly rent toward serviceable income once the unit is tenanted. Most banks are reported reluctant to lend to an individual buying industrial property at all, which is most of why genuine buyers end up holding through a company before the tax reasons above even apply.
That company structure is not a way around TDSR, either: where the company is a thinly capitalised vehicle built around one or two directors, MAS looks through it and assesses the loan against the director's own personal TDSR, aggregated with the company's financials.
A worked illustration from a commercial-financing guide: a S$1,500,000 unit at 70% LTV needs a S$450,000 downpayment plus roughly S$44,600 BSD, a S$5,000 legal fee and about S$3,000 of valuation and miscellaneous costs -- total cash of about S$502,600, entirely in cash, since CPF cannot be used for industrial property at all. On the DSCR side, the same guide models a S$1,500,000 purchase at 65% LTV with S$7,000 monthly gross rent: net operating income of S$67,200 a year after a 10% vacancy and 10% maintenance allowance, against annual debt service of about S$54,270 on a 25-year loan at 2.8% -- a 1.24x DSCR, inside a typical 1.2x minimum but with little buffer. Hold a second unit and banks are reported to stress-test the combined debt service at around 5% rather than your actual rate, which can pull a portfolio that clears comfortably unit by unit below the lender's combined threshold.
Most industrial property in Singapore sits on a JTC lease of 20 or 30 years, not freehold, so it is a decaying asset from the day of purchase, not a renewing one. Financing decays on the same clock: banks cap loan tenure at the remaining lease less a 5-10 year buffer, so roughly 40 years remaining might still support a 30-year loan, 25 years remaining roughly 15, and 20 years remaining roughly 10; below about 25 years remaining, lending is reported minimal to unavailable, making the unit effectively a cash buyer's asset, and the buyer pool is reported to contract sharply below 30 years remaining. If you are converting an owner-occupied unit to a rental precisely because the business that occupied it is winding down, check the remaining lease term before assuming you can refinance the switch.
Financing a purchase through a companyReno, A&A and rebuild: your one real lever of control
Fitting out for a new tenant, or reconfiguring the unit before you let it, runs roughly S$90 to S$200-plus per sq ft in 2026, depending on power loading, the office-to-warehouse ratio, approvals needed and the extent of mechanical and electrical work; a basic fit-out sits at the low end, heavier M&E or structural change at or past the top. A worked case from a contractor's own cost guide: adding a 120 sqm mezzanine office floor with a fire-rated staircase and emergency exit to a Tuas South unit ran S$87,500 in total (about S$729 per sqm), cleared BCA approval in 31 working days, and the mezzanine, staircase and SCDF-certified fire exit were completed and approved in 18 weeks.
But before any of this: if the renovation changes the unit's actual use, rather than just its fit-out within an already-approved use, JTC's own change-of-use process requires the new use to keep at least 60% of the premises on core industrial activity, an NEA clearance in every case, an LTA Land Use Proposal Form where warehousing or added traffic is involved, and SCDF approval where flammable materials are stored beyond permitted quantities -- with a stated 10 working-day decision once every external clearance is in. JTC's own advice, stated plainly, is not to commit to a tenancy or begin works before that approval is in hand, and URA gives the same warning for a change of use on non-JTC industrial land.
One tax point cuts the other way here. Section 14N, the deduction for renovation and refurbishment capital expenditure, is available only to a business using the property for its own trade -- a passive landlord letting the unit out to someone else's business does not qualify. Renovation is generally treated as capital expenditure in the first place, not an automatic deduction; the ordinary repairs deduction is narrower than most owners assume.
The general A&A vs rebuild mechanicsConveyancing: getting the letting itself onto paper
If you are buying the unit specifically to let it out, or converting an existing owner-occupied JTC lease into one, the seller (or you, if already the lessee) applies for JTC's consent to assign, or to change how the unit is used, through JTC's Customer Service Portal -- JTC assesses the incoming lessee's business plan, including fixed-asset investment, jobs and value-add, and any needed NEA, LTA or SCDF clearance.
Processing runs up to 2 months from a complete application, cut to about 1 month from 1 May 2026 for smaller sites with shorter remaining leases. The application fee is S$599.50 or S$1,199 including GST, though JTC reports it temporarily waived for applications submitted through its own online portal. Transfers are barred outright wherever fewer than 5 years remain on the lease term.
The tenancy agreement you sign with your tenant carries its own stamp duty, separate from anything paid on the property itself: 0.4% of the total rent payable over the term for a lease of 4 years or less, or 0.4% of four times the Average Annual Rent for a longer or indefinite term, payable within 14 days of signing (30 if signed overseas), with no duty at all where the Average Annual Rent is S$1,000 or less.
There is no government-set fee schedule for the conveyancing work itself; lawyers price purchase and mortgage-side work on their own terms, and SLA's own registration fee for lodging the transfer is S$68.30. Budget separately for whatever JTC's own consent-to-assign fee comes to above, since that sits outside the ordinary conveyancing bill entirely.
Estate: what happens to a let-out B1 unit when you die
JTC's own page on transferring a tenancy or lease states plainly that a transfer of tenancy -- as opposed to an assignment to an unrelated buyer -- is considered only for corporate restructuring: converting a business entity, moving to a related company, changing an ownership structure. The page does not address what happens to a JTC lease on the death of the lessee, and no route for a transfer to an executor, administrator or beneficiary of an estate is stated anywhere I could find. If your B1 unit sits on a JTC lease, get this confirmed with JTC directly, in writing, before relying on any assumption about how the lease passes to your estate -- it is a real gap, not a settled rule this page can quote.
A privately held strata B1 unit passes through the ordinary estate mechanics this site covers in full separately. Where the estate has more than one heir with different views on keeping or selling a let-out industrial unit, this site's page on family disagreement over an estate covers the decision itself. [⚠ estate.probate.eligibility_2026_06_15: sources differ; awaiting a ruling]
What an executor must actually doThe twelve questions, applied to this unit
This site asks the same twelve questions of every property decision, in plain language, because the people who cannot tell a balance sheet from a cash flow from a profit-and-loss statement are the ones who get caught by a liquidity squeeze. Applied to a B1 unit you are letting out rather than occupying:
C0: The play
Letting out a B1 unit is, for almost everyone doing it, a cash-flow play dressed as a balance-sheet asset. The unit itself sits on a decaying JTC lease -- it is not a freehold asset compounding in value the way a home might be assumed to be. JTC's own price index still rose 0.6% quarter on quarter and 3.8% year on year to Q2 2026, but the return you are actually managing month to month is the rent minus the loan payment, not the index.
C1: Balance sheet
You own a leasehold interest with a fixed remaining term, decaying every year whether or not it is let, and you owe whatever loan sits against it -- assessed by the bank on the unit's own DSCR once tenanted, rather than purely on your personal income.
C2: Cash flow
Rent comes in monthly, net of whatever vacancy the unit runs; the loan instalment goes out monthly regardless of whether a tenant is in place. The funding gap, if there is one, opens the moment a tenant leaves and JTC's own subletting or assignment approval process -- weeks at best, up to two months at worst -- has not yet cleared for the next one.
C3: P&L
Profit is rent minus deductible actual expenses, mortgage interest included, minus property tax at the flat 10% rate -- a smaller and later number than the cash the rent itself represents, taxed at your own marginal rate: 24% flat if you are a non-resident, 17% flat if held through a company.
C4: Carry
Reported gross yields on B1 industrial run 4.5% to 6.8%, but one guide argues the achievable net figure, once JTC's own anchor-occupancy and sublet-cap conditions are priced in, drops closer to 3.8% to 4.7% -- nearer an office yield than the headline number implies. Whether your own carry is positive depends entirely on where your actual financing rate sits against that net figure, not the headline one.
C5: Give / get
You give up the flexibility of using the space yourself, and you take on JTC's consent process every time a tenant changes; you get monthly rent and, if the lease permits it at all, someone else absorbing the fit-out and running cost of occupying an industrial building.
C6: Exposed to
A vacant unit still owes property tax with no relief, still owes the loan, and still decays a year of lease every year it sits empty; a tenant breaching the 60:40 rule or the unit's approved use exposes you, the landlord, to JTC's enforcement regardless of who actually caused the breach.
C7: For how long
At minimum, the SSD holding period sets a real cost to selling early -- 15% in year 1, falling to nil after year 3 -- and the lease's own remaining term sets the outer horizon regardless of anything else.
C8: Failure cascade
Negative carry, if your financing costs more than the net rent covers, hits cash flow first; unaddressed, it accumulates into a loss the P&L cannot offset against your other income; a lease that keeps decaying underneath a mortgage that does not shrink fast enough turns into negative equity once the remaining term drops toward the 25-to-30-year band where lending itself dries up; from there the unit becomes genuinely illiquid -- the buyer pool for a short lease is reported to contract sharply -- and, held with too much debt against too little of either rent or a sale price, insolvency follows.
C9: Liquidity
Collective sale is reported unreliable for leasehold industrial stock specifically -- recent successful collective sales were all freehold -- and a leasehold collective sale must route a Land Betterment Charge to SLA that comes straight out of what owners would otherwise receive; a private sale below about 25 years remaining is reported cash-buyers-only, at whatever discount that pool demands.
C10: Control
Renovation and a mezzanine A&A are close to the only lever you actually control here -- a real, budgeted way to lift achievable rent -- but even that control is conditional: change the unit's approved use rather than just its fit-out, and JTC's consent, not your own judgment, decides whether the change stands.
C11: The exit
Exit is either a sale, taxed by SSD on the schedule above if inside three years of your own acquisition, or simply letting the lease run out, at which point a JTC-leasehold unit reverts to JTC with no compensation for whatever term you thought remained.
The two questions
Two questions place you on this page's version of the operator's 2x2, and they are not about whether you believe the unit will rise in value -- nobody buys expecting it to fall, so that question sorts nobody. Are you borrowing to buy the unit? And once you hold it, are you lending it out -- letting it, rather than running your own business from it? Cash bought, own-use is pure appreciation with no carry at all. Cash bought, let-out is yield: positive carry by construction, the position most of this page assumes you are in or moving toward. Borrowed, own-use is negative carry by construction -- most owner-occupiers of a B1 unit sit here without saying so. Borrowed, let-out is the spread play, and the whole game is whether your net rent, after the actual-expenses-only deduction rules above, clears your financing cost.
The B2B spoke: buying and holding through a company
Renting out a B1 unit is often, in practice, a business decision made through a company, not a personal one -- and the reasons compound rather than being independent of each other. Most banks are reported reluctant to lend to an individual buying industrial property at all, pushing real buyers toward a Singapore-registered company with a paid-up capital position and an ACRA business profile matching the unit's approved use as the practical route, well before any tax reason applies.
Buying directly from JTC on the primary market requires exactly this: a Singapore-incorporated business entity that will itself occupy the site for a qualifying industrial use -- a pure investor cannot buy new JTC-allocated space at all. On the secondary market, buying an existing JTC lease runs through the seller's application for JTC's consent to assign, assessed against the incoming buyer's business plan and its value-add to the Singapore economy; JTC can refuse it, and it is barred entirely during an Assignment Prohibition Period or once fewer than 5 years remain on the lease.
The tax reasons follow, and mostly cancel out the appeal of holding personally: no ABSD either way, but a company pays the flat 17% corporate rate on the net rent against a resident individual's progressive personal rate or a non-resident's flat 24%. And MAS's TDSR does not disappear just because a company signs the loan: where the company is a thinly capitalised vehicle built around one or two directors, MAS looks through it and assesses the loan against the director's own personal TDSR, aggregated with the company's financials -- a warehouse bought through a shell is not a way around the 55% ceiling.
A structural point worth naming plainly, because it sits above every subtenant whether they deal with JTC directly or not: a large share of listed B1 space is not let by JTC directly but by a third-party facility provider -- a MAS-licensed REIT or fund, an established developer, or an EDB or Enterprise Singapore-backed industry association -- under a Build-and-Lease or Sale-and-Leaseback arrangement with the original industrialist. JTC's own Find Space portal lets a genuine tenant search listed space directly, filtered by ceiling height, electrical loading and floor load, and shows whether a given listing runs through JTC itself or through one of these facility providers.
The tenant's side of this same unitThe realtor economics
CEA's own consumer-facing 'Renting or Renting Out' guidance page -- commission rules, the point that an agent's role ends once the tenancy agreement is signed and the property handed over, the Prescribed Estate Agency Agreement templates -- is written for a residential letting and does not mention commercial or industrial property at all. That does not mean an agent letting your B1 unit is unregulated: CEA's licensing and registration regime has covered estate agency work on residential, commercial and industrial property alike since 1 January 2011, and it is an offence to carry out estate agency work -- including introducing a tenant to a landlord, on either side -- without CEA registration through a licensed agency. The specific consumer conventions CEA states for a residential landlord simply are not restated anywhere for a commercial or industrial one; what follows rests on market convention, not a CEA-published rule.
There is no fixed or CEA-prescribed commission rate for any property type, residential or industrial. Market guides report a commercial leasing commission norm of at least half a month's rent for a lease of 12 months or less, and about one month's rent for a lease up to 24 months, split between the landlord's and tenant's agents where both are engaged, payable only once the lease is signed. Pay the agreed commission to the licensed agency itself, never the individual salesperson directly, and note that one agent may never collect commission from both sides of the same letting.
The incentive worth naming against the agent's own interest: a property agent is prohibited from acting as a financial adviser under the Financial Advisers Act, precisely so an agent cannot steer you toward whichever transaction pays the agent more -- a joint MAS-CEA letter states this plainly, and requires any yield or price-appreciation claim an agent makes to be backed by verifiable comparable data, not just asserted. The narrower version of the same incentive sits inside a single letting: an agent paid a fixed sum on signing has no ongoing stake in whether your tenant actually satisfies JTC's 60:40 rule, keeps its approved use, or renews past year one -- that risk stays with you, the landlord, entirely, once the agent's own role ends at handover.
What is uncertain
A few things this page could not settle, stated plainly rather than smoothed over. Whether a JTC lease passes to an executor or a beneficiary at all is not stated on JTC's own transfer page -- it addresses only a live lessee's corporate restructuring. Whether IRAS's transfer-of-business GST relief reaches a straightforward single-unit letting, rather than a genuine going-concern business sale, is not settled by anything I could read directly from IRAS. And the rent-per-square-foot figures quoted on this site's other B1 pages are market-guide ranges, not JTC's own quarterly release broken out by B1 versus B2 or by cluster -- JTC publishes its index at the whole-industrial-market level only. Any of the three is worth a direct question to JTC, IRAS or your own conveyancing lawyer before you price a specific unit against it.
Insuring what you let outMaster-lease it, or let it yourselfChecking your tenant before you signWhat a void actually costsIf it's specifically a warehouseSelling it instead of letting itBack to the landlord hubSources
- JTC — Approved use, change of use, transferring a tenancy or lease, subletting industrial premises, and the Quarterly Market Report for industrial properties (2026-09-29) · https://www.jtc.gov.sg
- URA — Business 1 (B1) development control and Allowable Uses (2026-06-06) · https://www.ura.gov.sg
- IRAS — Seller's Stamp Duty for industrial property, Buyer's Stamp Duty (non-residential), Property Tax Rates, and rental-income deduction rules (2026-09-29) · https://www.iras.gov.sg
- CEA — Renting or Renting Out (consumer guidance) and CEA licensing scope (2026-09-29) · https://www.cea.gov.sg
- MAS — MSR and TDSR framework; joint MAS-CEA letter on property agents and the Financial Advisers Act (2025-12-16) · https://www.mas.gov.sg
- SLA — Land Titles Rules fee schedule and Residential Property Act scope (2025-09-17) · https://www.sla.gov.sg
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