Renting a B2 factory in Singapore: what to know before you sign

Researched and written 2026-09-29 05:07 SGT · 7 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.

I am a CEA-registered salesperson and I act for tenants (who I am and what I am licensed to do is on /who). This is the page I want to own for someone searching to rent a B2 factory in Singapore - production floor, process line, assembly or general manufacturing space, as distinct from a B2 unit configured mainly for storage, which this site treats separately as a warehouse. B2 is URA's heavier industrial zoning, general and special industries, and it sits one notch up from B1 (clean, light industry) in both the buffer distance NEA requires and the weight of process a unit is actually built to carry. This page also serves a second reader: a JTC lessee, facility provider or private strata owner deciding whether I am the right person to hold their leasing mandate. I say so at the top because it is a conflict; the sections on the B2B spoke and on what I earn say where the incentive points, including against me. Renting is not a smaller version of buying, covered on this site's B2 buy page - a tenant faces almost none of the tax questions an owner faces (no ABSD, no SSD, no property tax bill), and instead faces a question that page barely touches: who actually holds the lease above you, how much power and floor loading the unit actually carries for your process, and what a mezzanine costs if you need one. Where I am unsure, the text says so, and the closing section lists what I could not verify this run.

The mechanics: what a B2 factory is, and the three ways you end up renting one

B2 is URA's zoning for general and special industries - manufacturing, chemical and oil storage, larger-scale processing, assembly, knitting mills - and it carries a materially bigger nuisance buffer than B1: the National Environment Agency requires a 100-metre buffer from a B2 development to its surroundings, against 50 metres for B1. Inside a B2 development, at least 60% of gross floor area must sit in predominant industrial use, with ancillary uses (office, showroom, canteen) capped at a combined 40% and their own sub-caps beneath that. A 'factory' on this page means a unit built and approved for production - a process line, assembly floor or workshop - rather than a unit built mainly to store and move goods, which carries different specifications (dock levelers, racking clearance) and is covered on this site's warehouse pages instead. In practice the line blurs at the edges - many B2 units are fitted out to do both - so ask directly what the unit was approved and built for, not just what URA's zoning code on the lease says.

Three structures put you inside a B2 factory as tenant. First, a private strata unit, developer-built and subdivided, where the owner leases directly to you under an ordinary negotiated commercial lease - no JTC involvement beyond URA's own 60/40 use rule. Second, a JTC-leasehold unit let through a third-party facility provider under JTC's Build-and-Lease or Sale-and-Leaseback framework: an anchor tenant occupies at least 70% of the facility's GFA, and the remaining 30% is sublet to other businesses subject to JTC's own assessment - most tenants inside a facility-provider building are dealing with the provider, not JTC, even though JTC's rules shape everything they may do. Third, a sublet from the JTC lessee itself, capped at 30% of GFA to an unrelated business, running for 3 years or the remainder of the head lease, whichever is shorter, and ending automatically the moment the head lease ends. JTC's own Find Space portal is worth naming even though it is not a fourth legal structure: a tenant search tool that lets you filter listed space by ceiling height, electrical loading in amps, and minimum floor load in kN/m2 directly - useful because those three numbers, not the psf rent, are usually what actually determines whether a factory unit fits your process.

Eligibility: who may rent, and what actually gates a factory tenancy

There is no citizenship, income or occupancy test on renting a B2 factory itself - a Singapore Citizen, a PR, a foreigner or a foreign company may all sign the lease. What gates the tenancy is whether your business's actual activity fits the unit's approved use and its physical specification: at least 60% of the development's GFA must sit in genuine B2 production use, and your process has to fit inside the floor loading, ceiling height and electrical supply the unit was actually built with, not what a listing implies. Cooling measures from 2013 set a minimum 150 sq m strata unit size for industrial property generally; I found no standing rule confining B2 tenancy to a licensed 'industrialist' as such, but a heavier process - chemical handling, welding, anything NEA or SCDF would want to clear - draws its own agency scrutiny regardless of what the zoning code alone permits. [⚠ industrial.buyer.no_industrialist_test_2026: sources differ; awaiting a ruling]

If you are renting via a sublet from a JTC lessee, or from a unit inside a facility-provider building, add a second gate: JTC itself assesses usage compatibility for any unrelated-party sublet, even though you never sign anything with JTC directly, and on a B2 unit that assessment is more likely to actually trigger an NEA or SCDF review than the equivalent B1 check, given the heavier processes B2's use list covers. Your ACRA-registered activity, and any agency clearance it needs, has to satisfy that assessment before the head lessee or facility provider can lawfully let the space to you.

Citizenship status: SC, PR, foreigner, and the FTA nationals

Industrial property, B1 or B2, sits on Singapore Land Authority's foreign-ownership list as needing no approval, so your landlord's own citizenship or corporate nationality is not, on the ownership side, a gate on whether they may lease to you. The free-trade-agreement parity that matters on a residential page - US, Swiss, Liechtenstein, Norwegian and Icelandic nationals taxed as citizens for Additional Buyer's Stamp Duty - has nothing to bite on here: ABSD reaches residential property only, and you are not buying anything. Where citizenship resurfaces is your own company's side: a foreign founder who wants to work inside the business trading from the factory typically needs an EntrePass or Employment Pass and a Singapore-resident director, the same general point this site's other tenant pages make, and not specific to B2.

Taxes: what lands on you, and what lands on your landlord that shows up in your rent

You pay one tax directly: stamp duty on the lease, at 0.4% of total rent for a lease of four years or less, on a higher band for a longer term. Two years at S$10,000 a month is S$240,000 of total rent, so the duty is S$960; one year at the same rent is S$480. Rent for this purpose includes service and maintenance charges and any furniture or fittings charge; stamping is due within 14 days of signing in Singapore, 30 days if signed overseas. By market convention the tenant pays, though nothing fixes who bears it beyond what you negotiate, and an unstamped lease generally cannot be used as evidence in court - relevant the day a dispute over the deposit or reinstatement actually happens.

Commercial rent is not GST-exempt the way residential rent is. A GST-registered landlord must charge 9% on top of the rent, and a lease silent on GST is treated as GST-inclusive, so get the treatment written down rather than assumed. GST registration is mandatory once a landlord's annual taxable turnover exceeds S$1 million, within 30 days, and voluntary below that - a small individual owner letting one B2 unit may not be registered at all, while a facility provider running a portfolio almost certainly is. If you trade as a GST-registered business, GST charged on your rent is generally claimable as input tax.

Renting has none of the taxes that dominate this site's B2 buy page for the same product: no Additional Buyer's Stamp Duty, because you are not buying; no Seller's Stamp Duty, industrial property's own real exit tax (15% in year 1, 10% in year 2, 5% in year 3 of a 3-year holding period), because you are not selling; no property tax bill, because that lands on the owner.

What your landlord pays is still your negotiating map. Non-residential property, B2 factories included, is taxed at a flat 10% of Annual Value, with no owner-occupier discount and no vacant-unit relief - an empty factory costs the owner the same property tax as a let one, which is real pressure on their side of the table during a soft quarter. Rental income is taxable to the landlord at actual expenses, not the 15% deemed-expense shortcut a residential landlord gets; mortgage interest on a loan taken to buy the unit is deductible against the rent it produces. Held personally by a non-resident individual, rental income is taxed at a flat 24%; held through a Singapore company, at the 17% corporate rate before any dividend - a facility provider structured as a REIT or fund runs on its own distinct tax treatment again, outside this page's scope.

Borrowing: you are not taking a mortgage, but you may be financing the fit-out

Renting does not put you in front of MAS's loan-to-value or TDSR limits at all - those govern a purchase, and you are not buying. What you may be borrowing against is the fit-out, the machinery and working capital, which is commercial lending, not a housing loan. Enterprise Singapore's Enterprise Financing Scheme lists eight loan types, including an SME Fixed Assets Loan that finances equipment, machines and the renovation of business premises, with terms set case by case with a participating bank rather than at a fixed published rate.

The thing to negotiate on a fit-out loan or a bank-backed security deposit is not the interest rate, it is the guarantee. A bank, or a landlord requiring a banker's guarantee rather than cash for the deposit, will often ask a company director for a personal guarantee, converting the company's lease liability into a personal one - the point the failure cascade below returns to directly.

Fit-out and control: floor loading, power, and the mezzanine most factories add

The 60/40 split above is the real ceiling on your fit-out plan, and a B2 factory's heavier predominant-use list means more mechanical, electrical and, for some processes, effluent-handling work than a B1 fit-out. Before you sign, get the unit's actual floor loading, ceiling height and electrical loading in writing rather than assuming from the listing: one market guide reports B2 space commonly built to 15-20 kN/m2 floor loading with three-phase electrical supply, sufficient for most manufacturing and assembly equipment, though a heavier process may need more than a given unit was built to carry. JTC's own Find Space portal lets a tenant filter directly by ceiling height, electrical loading in amps and minimum floor load in kN/m2, though the portal itself does not publish typical values - you confirm them against the specific unit, not a market average.

The single most common addition a factory tenant makes is a mezzanine floor - extra floor area, usually for an office, QC or storage function, slotted above part of the production floor without expanding the building's footprint. A directly-sourced 2026 case study: a 120 sq m mezzanine office floor with a fire-rated staircase and emergency exit, added to an industrial unit in Tuas South, cost S$87,500 all-in (about S$729 per sq m), cleared BCA approval in 31 working days, and the mezzanine, staircase and SCDF-certified fire exit were completed and approved in 18 weeks total. The same guide gives a wider industrial addition-and-alteration range of S$80,000 to S$400,000 depending on structural complexity - a mezzanine sits toward the lower end of that range, a bigger structural change toward the top. Whether you may add a mezzanine at all is the landlord's and, on a JTC-linked unit, JTC's own call, not yours alone: get consent in writing before you commission the structural drawing, and confirm who owns the mezzanine, and who pays to remove it, at lease end.

On price and term: search-result summaries of commercial guides report a typical industrial lease of 1-3 years with a security deposit of 2-3 months for a B2 unit, longer or heavier for a larger space or one with real fit-out risk. Rent itself varies sharply by estate and building age: one 2026 guide reports B2 space from about S$1.60-1.70 psf a month in older estates such as Sungei Kadut, Tuas South and Tuas Link, up to S$3.00-3.50 psf in newer developments, against a separate guide's B2 range of S$1.20-2.50 psf compared to B1's S$3.50-5.50 psf - the two sources do not fully agree on the top and bottom of the range, and I have not reconciled them; treat both as indicative rather than a single settled figure. Budget utilities higher than a light-industry unit if your process runs three-phase power, plus maintenance and reinstatement cost at lease end - reinstatement on a heavier fit-out, mezzanine included, is a real cash outlay most tenants underbudget.

Conveyancing: there is none for a tenant, and what replaces it

Renting has no conveyancing. There is no title search, no completion and no transfer duty on your side. The paper is a letter of intent, the tenancy agreement and the stamp certificate on the lease. There is no government-set fee schedule for negotiating a commercial lease, and I found no CEA-prescribed form specific to a commercial tenancy the way there is one for a residential letting - a B2 factory lease is a negotiated document, usually drafted or reviewed by the landlord's or your own lawyer.

Where a dispute lands matters more here than in a residential tenancy. The Small Claims Tribunal's jurisdiction over tenancy disputes, on the ledger's reading, is built around residential rental arrears and deposit claims; I found nothing confirming it extends to a commercial B2 lease, so a dispute over a deposit, reinstatement or a mezzanine removed at your cost more likely goes to the lease's own dispute clause, arbitration if specified, or an ordinary civil claim in the State Courts. Write the dispute-resolution clause deliberately rather than assuming a residential-style tribunal is available to you.

Estate and counterparty risk: what happens if your landlord dies, sells, or the master lease ends

If your landlord is an individual owner of a private strata unit, a lease is a contract that survives the owner's death or incapacity: the estate, or the appointed representative, steps into the landlord's place. Estate property generally cannot be sold or transferred until a grant of probate or letters of administration is extracted, which the courts report taking two to three months once filed, with the executor still liable to keep paying property tax in the meantime; your lease's own term and notice provisions do not change while that runs. If the owner loses mental capacity without a Lasting Power of Attorney in place, a court-appointed deputy may be needed before anyone can validly deal with the unit on their behalf, which can add months at exactly the point you need a renewal decision.

If you rent inside a facility-provider building or a JTC sublet, the risk that actually matters is not the individual landlord's death, it is the master lease above you. A sublet to an unrelated business automatically ends the moment the head lease ends, with no protection built in for the subtenant, and a facility provider that loses its anchor tenant - the one occupying at least 70% of the building's GFA - must find a replacement to keep JTC's own threshold satisfied, a search that happens above your head and outside your lease entirely. On a B2 factory specifically, a heavier process fit-out and a mezzanine sunk into the building make an early, unplanned exit more expensive than the equivalent B1 case - reinstatement and mezzanine removal cost real money regardless of why the tenancy ended.

The voice: twelve questions about renting a B2 factory, in plain terms

Two questions sort a reader before the twelve do, translated for a tenant rather than an owner. First: are you funding your deposit, fit-out and working capital with debt, or with your own cash? Second: once you hold the lease, are you occupying the factory yourself to run your business, or subletting part of it to someone else where the lease and JTC's own rules allow it? Cash plus your own trade is the simplest position, carrying only your business's own risk. Cash plus subletting-in is a rent-arbitrage position with no leverage in it, and on a JTC-linked unit it is capped hard at 30% of GFA to an unrelated party. Debt plus your own trade means you have levered your working capital into machinery and fit-out, negative carry by construction until the business turns a profit that exceeds the financing cost. Debt plus subletting is the thinnest of the four here, squeezed further on B2 by a smaller pool of businesses whose process actually fits a heavy-industry unit at all.

C0. The play: balance sheet or cash flow?

For a tenant, this is a cash-flow play from the outset, not a balance-sheet one - you own no asset, and your return, if any, comes only from what the factory lets you produce or collect during the term. That is true whether you are a private-strata tenant, a facility-provider anchor, or a JTC sub-tenant; only the counterparty risk sitting above you changes.

C1. Balance sheet: what you owe

You owe the rent for the rest of the term, the deposit tied up (commonly 2-3 months for a B2 unit), and any personal guarantee you signed for the fit-out loan or the deposit itself. You own the machinery, the mezzanine if you built one, and the fit-out - most of it cannot leave the building without cost and depreciates fast. You own none of the property's appreciation, and, on a facility-provider or sublet structure, you hold no direct legal relationship with JTC at all despite JTC's rules shaping everything you may do.

C2. Cash flow: what moves in and out, and when

Out: rent plus GST if the landlord is registered, the deposit up front, machinery and fit-out capex, mezzanine cost if you add one, licensing and compliance costs. In: whatever your production or a permitted sublet brings in. The funding gap sits between paying the deposit and fit-out and the first month your production actually covers those costs - wider on a B2 factory than a light-industry B1 unit, because power, floor reinforcement and a mezzanine tend to cost more and take longer to approve before you can open.

C3. Profit and loss: what it does to profit, which is not cash

Rent is an operating expense. Machinery and mezzanine spend is usually capitalised and depreciated over years rather than expensed at once, a business-tax question your accountant handles separately from this page. GST charged on your rent, if you are GST-registered, is generally recovered as input tax rather than sitting in your P&L as a cost at all.

C4. Carry: income minus financing cost

For most tenants there is no carry in the investment sense, because you are occupying rather than letting - the number that matters instead is whether production covers rent plus GST plus any fit-out financing. Where carry does apply is the narrow sublet-in case: a tenant permitted to sublet up to 30% of GFA earns a spread between what it pays the head lessee and collects from a sub-tenant, thin by construction and squeezed further by JTC's approval process on the sublet itself.

C5. Give and get: the trade

You give the deposit, the rent for the term, the machinery and fit-out spend, and a personal guarantee if the bank or landlord wants one. You get exclusive use of a floor built for your process, at a cost that, unlike buying, carries none of B2's own real exit tax and none of ABSD. What you do not get, on a facility-provider or sublet structure, is any direct say in - or even visibility into - the lease sitting above yours, whose continuity your own occupancy depends on entirely.

C6. Exposed to: what can move against you

Your own production, first - a single-tenant factory with no partial-vacancy buffer if business slows. The master lease, second, if you rent via a facility provider or a JTC sublet: a lost anchor tenant, a lease JTC declines to renew, or a head lessee who falls out of compliance all sit above you and outside your control. Rent escalation at renewal, third, in a market where reported ranges already disagree by roughly a dollar psf between sources. GST registration risk, fourth, if your landlord becomes registered after you sign and the lease is silent on treatment. And the 60/40 use rule and the floor-loading limit, fifth: drifting toward more office-style use than the approved lease permits, or running equipment heavier than the floor was built for, are compliance and safety problems that tend to surface at the worst time.

C7. For how long

Market guides report a typical B2 industrial lease of 1-3 years. On a facility-provider or JTC sublet structure, your real horizon is capped by someone else's clock: a sublet to an unrelated party runs at most 3 years or the remainder of the head lease, whichever is shorter, so a head lease with 18 months left caps your own tenancy at 18 months regardless of what term you negotiate on paper.

C8. Failure cascade: if it goes wrong, in what order

Production slows, and on a single-occupier factory there is no partial-tenancy buffer to absorb it. Negative carry hits cash flow immediately, since rent, GST and any fit-out financing do not pause. It accumulates into profit and loss as arrears and unreinstated fit-out and mezzanine-removal cost. There is no negative-equity stage the way an owner faces, because you hold no equity in the building to begin with - the cascade runs straight from cash flow into illiquidity, since a lease is hard to exit early and, on a JTC-linked sublet, cannot simply be assigned without approval. Insolvency follows if the shortfall cannot be met in cash, and personally if a guarantee was signed.

C9. Liquidity: how fast you can get out, and at what cost

Lower than owning, by construction - you hold a right to occupy, not an asset to sell. Exiting early usually forfeits the deposit and may leave you owing the balance of the term unless the lease allows assignment or subletting, which itself needs the landlord's consent and, on a JTC-linked unit, JTC's own consent too - a thin, slow market for a fit-out and mezzanine built to someone else's process. Selling your machinery and fit-out to an incoming tenant, if the lease permits it, is usually the only real source of recovered value on an early exit.

C10. Control: can you move the outcome?

This page's version of control is fit-out choice within the 60/40 split, the mezzanine you add or don't, and, where permitted, how much of the space you sublet. A mezzanine runs roughly S$700-1,500 per sq m of new floor area on the sourced case study and guide range, cleared through BCA and, for the fire exit, SCDF, and needs the landlord's and, on a JTC-linked unit, JTC's own consent before you commission the drawing. A tenant who wants real control over the factory's trajectory during the lease is managing the approved-use envelope, the physical specification, and the landlord relationship as actively as production itself - and, on a facility-provider or sublet structure, tracking the head lease's own remaining term, since that clock, not your own lease's printed end date, is what actually bounds your control.

C11. The exit: how you get out, and what it costs

Reinstatement to the original condition at your cost is the default exit on any B2 factory tenancy - removing a mezzanine, if you added one, is part of that cost, not separate from it. Assignment or subletting, where the lease allows it, needs the landlord's consent and, on a JTC-linked unit, JTC's own approval of the incoming party's usage - the same assessment your own tenancy went through at the start. Walking away at term end with the deposit released, or forfeited if you exited early, is the simplest case. An owner exits through a sale; a tenant exits through a clause, and on a facility-provider or sublet structure, sometimes through no clause at all, because the master lease above simply ends.

The B2B spoke: who else this page's reader deals with

A B2 factory tenant's counterparties are almost entirely businesses, and, on a JTC-linked unit, a statutory landowner the tenant may never contract with directly. First, whoever actually holds the lease above you: a private strata owner, a facility provider running a Build-and-Lease or Sale-and-Leaseback scheme, or a JTC lessee subletting up to 30% of GFA. Second, JTC itself, acting as landowner rather than regulator wherever a JTC-leasehold unit sits anywhere in the chain: JTC's assessment of usage compatibility gates any unrelated-party sublet, and JTC's own lease-renewal decisions on the head lease shape how long the building's tenants can plan around. Third, and more prominent on B2 than on B1, NEA and SCDF as the agencies whose clearance a heavier process, or a mezzanine's fire exit, actually needs before JTC, the landlord or BCA will sign off. Fourth, on a private strata unit, the MCST and its managing agent. Fifth, letting agents specialising in industrial tenants, contractors for the fit-out and mezzanine, and banks financing the machinery, who price against your business's own profile and the lease's remaining term rather than against a residential comparable.

CEA licensing and registration cover estate agency work for residential and non-residential property alike, since 1 January 2011. I do not have a sourced figure for any referral or introduction fee between a letting agent and a facility provider's own leasing team, or between a letting agent and the mezzanine contractor, and I will not invent one; assume such relationships exist, as they do in every specialist property segment, and ask directly.

The realtor economics: what I earn on your tenancy, and where the incentive points

There is no fixed commission in Singapore for any property type. CEA, updated 13 May 2026, states commissions are not fixed and are negotiable, with no prescribed guideline on rates, and this applies to a B2 tenancy exactly as it does to a residential one; CEA's licensing scope has covered estate agency work for residential and non-residential property alike since 1 January 2011. I did not find a published market-norm percentage specific to industrial leasing, the way there is a reasonably settled half-a-month-to-a-month norm on a residential tenancy; industrial leasing commissions are negotiated case by case, often referenced against a month of rent or a share of the total lease value, and I will not invent a figure where none was verifiable this run. A prescribed Estate Agency Agreement must still be signed before an agent acts, an agent may not collect commission from more than one party in the same transaction, and payment goes to the agency, not the individual salesperson.

Where the incentive points, including against me. I am paid when a lease is signed, not when it suits you - if the better answer is a smaller unit, a different estate, or waiting out a soft quarter to negotiate harder, I earn nothing from telling you that. A fee that scales with rent or lease value pays more for a dearer unit, pulling toward the higher-psf newer development over the practical older-estate floor that might actually fit your process and budget. On a facility-provider or JTC-linked unit specifically, I have every reason to want the deal to close quickly and less reason to volunteer that the lease above yours might have a short remaining term, that JTC's own consent process can take real time and is not guaranteed, or that the floor loading and power a listing advertises has not actually been confirmed against your equipment - an agent who does not flag any of these has moved a unit that could become your problem alone, after the commission has already been paid. My role, on CEA's general reading, ends once the lease is signed and the unit is handed over; I do not manage the fit-out approvals, the mezzanine consent, or the tenancy afterwards, and if I offer to, that is a separate, separately priced agreement. And against my own interest: CEA's framework lets you transact directly with a landlord with no agent at all, and a unit listed by the owner or the facility provider directly needs no agent on your side. A commission agreed in writing, stating whether it includes GST, before the search starts, is what narrows all of this down to a number you can see.

Before you sign: the list I would carry to the viewing

• Ask directly who your actual counterparty is: JTC, a facility provider under Build-and-Lease or Sale-and-Leaseback, a JTC sub-lessee, or a private strata owner - the answer changes every risk on this page.
• Check the unit's zoning and currently approved use, and confirm your business's actual production activity fits inside the 60% predominant-use and 40% ancillary-use split.
• Get the unit's actual floor loading (kN/m2), ceiling height and electrical loading (amps) in writing, and confirm they fit your equipment before you sign - not from the listing, from the landlord or JTC's Find Space filter.
• If you plan a mezzanine, get the landlord's and, on a JTC-linked unit, JTC's own written consent before commissioning the structural drawing, and confirm who owns it and who pays to remove it at lease end.
• If a sublet or facility-provider structure is involved, ask for written proof the party letting to you holds JTC's own approval, and get JTC's consent letter for your specific tenancy rather than relying on their word.
• Ask how much of the head lease's own term remains, since a sublet cannot outlast it regardless of what term you sign.
• Ask whether the landlord is GST-registered, and get the GST treatment of the rent stated in the lease, not assumed.
• Ask what security is wanted - cash deposit or banker's guarantee - and whether a personal guarantee is required if a company signs.
• Ask whether assignment or subletting is permitted on your own lease, and on what conditions, before you need it.
• Ask what dispute-resolution route the lease specifies, since the residential Small Claims Tribunal route is not confirmed for a commercial lease.
• Stamp the lease within 14 days and keep the certificate.
• Ask your agent, in writing, what they are paid and by whom, and whether that includes GST.

What is uncertain, and what was not verified

• I found no single government source stating typical floor loading or electrical loading for a B2 factory as a class; the 15-20 kN/m2 and three-phase figures on this page rest on one commercial guide (PropertyBro.sg, posted 27 February 2025, read this run), and JTC's own Find Space portal confirms these are filterable specs without publishing typical values.
• B2 factory rent psf disagrees between the two sources I could read this run: PropertyBro.sg's B2-specific page (S$1.60-3.50 psf by estate) and a separate industrial guide's B1-versus-B2 comparison (B2 at S$1.20-2.50 psf). I have not reconciled the two, and this page states both rather than picking one.
• The mezzanine cost figures rest on one contractor's case study and cost guide (Sinhao E&C, updated 26 August 2026); I could not find a second source to cross-check the S$700-1,500 per sq m range or the 31-working-day BCA approval timeline, and JTC's own approval step for a mezzanine on a leasehold unit was not separately confirmed this run.
• Whether the Small Claims Tribunal's tenancy jurisdiction extends to a commercial B2 lease was not confirmed; the page treats it as residential-only on the ledger's existing reading.
• IRAS's own non-residential property tax and GST pages rendered navigation only on the fetches this ledger's B2 facts rest on; the flat 10% property tax rate and the 9% GST rate come from commercial guides corroborating each other, not a direct IRAS read this run.
• I did not find a market-norm commission percentage specific to industrial leasing, so none is stated as fact on this page.
• I could not confirm the eligibility criteria, process or typical term for renting a ready-built factory directly from JTC as landlord, as distinct from the facility-provider and sublet structures described; treat 'renting directly from JTC' as a route JTC's own portal implies exists but that this page has not independently verified.

Sources

• PropertyBro.sg — What is B2 Industrial (2025-02-27) · https://propertybro.sg/b2-industrial/
• JTC — Find Space (2026-09-29) · https://www.jtc.gov.sg/find-space
• Sinhao E&C — How Much Does A&A Cost in Singapore? 2026 Guide (2026-08-26) · https://sinhaocontractor.sg/aa-works-cost-singapore/
• URA — Business 2 (B2) Zoning: General Industry (2026-06-06) · https://www.ura.gov.sg/guidelines/development-control/development-control-handbooks/non-residential/b2/
• URA — Business 2 (B2) Zoning: Allowable Uses (2026-06-06) · https://www.ura.gov.sg/Corporate/Guidelines/Development-Control/Non-Residential/B2/Allowable-Uses
• JTC — Subletting your premises (2025-05-13) · https://www.jtc.gov.sg/get-help/managing-your-tenancy-or-lease/subletting-your-premises
• JTC — Information for facility providers (2026-09-29) · https://www.jtc.gov.sg/get-help/managing-your-tenancy-or-lease/information-for-third-party-facility-providers