Frequently Asked Questions

Everything You Need
To Know

Answers to common questions about industrial property in Singapore — covering listings, valuation, business acquisition, and A&A works.

Buying industrial property in Singapore is structured but straightforward once you know the steps:

1. Check eligibility — JTC properties require a registered company with matching industrial activity.

2. Identify the right type — B1 (light industrial), B2 (heavy industrial), or warehouse. Choosing correctly is critical for compliance.

3. New vs resale — New units from developers; resale from the open market with more flexibility.

4. Secure financing — Commercial loans have lower LTV ratios and shorter tenures than residential. Plan your cash flow carefully.

5. Check tenure & restrictions — Most are leasehold (30–60 years). JTC properties may require approval for ownership changes.

6. Due diligence — Verify zoning and permitted use, review lease terms, and check for JTC restrictions.

7. Complete the transaction — Engage a lawyer for OTP, Sale & Purchase Agreement, and stamp duties.

We guide clients through every step — from sourcing to keys in hand. WhatsApp Raffles at 98802880 to get started.

Browse our curated listings of factories and warehouses, or contact Raffles at 98802880 for tailored recommendations based on your specific requirements.
Yes, our listings are updated frequently to reflect the latest availability in the Singapore industrial property market.
No, property viewings are typically arranged at no cost for prospective tenants and buyers.
Industrial real estate refers to properties used for manufacturing, warehousing, logistics, research and development (R&D), and related activities. Key zoning categories include Business 1 (B1) for light and clean industrial use, Business 2 (B2) for heavier industrial use, and Business Parks for advanced manufacturing, technology, and R&D.
Yes, foreigners are generally allowed to purchase industrial and commercial properties in Singapore. Factors such as lease tenure, zoning, and regulatory requirements should still be carefully considered.
Permitted use depends on zoning. B1 is for lighter industrial activities, B2 for heavier industrial uses. Singapore applies a 60:40 rule — at least 60% of space must be used for industrial purposes, with up to 40% allowed for ancillary uses such as office or showroom.
Industrial properties are not subject to Additional Buyer's Stamp Duty (ABSD). Seller's Stamp Duty (SSD) applies if sold within 3 years: 15% in Year 1, 10% in Year 2, 5% in Year 3. GST may apply if the seller is GST-registered and can be claimable if you are GST-registered.
Common risks include purchasing properties with short lease tenure, not verifying permitted use under zoning, overlooking ancillary use restrictions, underestimating refurbishment costs, and ignoring market supply and demand conditions.
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The estimate is based on recent transaction data, property attributes, location, and remaining lease tenure.
Lease tenure is a key factor. Properties with shorter remaining lease typically have lower value and liquidity, while longer-tenure properties are generally more attractive to buyers and tenants.
Key factors include location and accessibility, property size and specifications, remaining lease tenure, zoning and permitted use, and market supply and demand conditions.
Yes, it provides a useful starting point. A more detailed pricing strategy is recommended before listing your property for sale.
Yes, we can provide a more detailed assessment and connect you with professional valuers if required. Contact Raffles at 98802880 to discuss.
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The process typically involves business valuation, preparation of marketing materials, sourcing potential buyers, negotiation, and transaction completion. We handle all stages with full confidentiality.
Business valuation is based on financial performance, industry outlook, growth potential, and underlying assets including any property.
Yes, strict confidentiality measures are implemented throughout the process to protect your business operations and sensitive information.
Yes, we work with a network of investors and buyers actively seeking business acquisition opportunities across Singapore's industrial sector.
The timeline varies depending on complexity, but it typically takes a few months from initial engagement to completion.
Key considerations include setting realistic valuation expectations, maintaining proper financial records, ensuring confidentiality, and positioning the business attractively to the right buyers.
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Addition & Alteration (A&A) refers to building works required to modify or upgrade a property to meet regulatory and operational requirements, including JTC compliance for lease extension.
In many cases, A&A works are required to ensure compliance with JTC guidelines before a lease extension or renewal can be approved. We can assess your specific situation.
The timeline depends on the scope of work, but typically includes planning, submission, approval, and construction phases over several months. We provide a clear project timeline at the outset.
No, we provide a one-stop solution by coordinating with architects, engineers, and contractors on your behalf — you have one point of contact throughout.
Yes, we assist with submission processes and ensure compliance with all relevant authority requirements to minimise delays.
Yes, well-executed A&A works can improve functionality, compliance, and overall marketability — helping you achieve better prices when selling or leasing.

Land Rent & Property Tax for Industrial Properties

Land rent refers to the payment made to the land authority — typically JTC or SLA — for the use of leasehold industrial land. Most industrial land in Singapore is leasehold, not freehold, and land rent may be payable depending on the specific lease structure. It is commonly applicable for JTC-managed properties or direct land leases.

Land rent directly affects your total holding cost, impacts investment profitability, and may influence how you price your property for sale or lease. If you are unsure whether land rent applies to your property, contact us and we can help you clarify.

Property tax for industrial properties is based on the Annual Value (AV) of the property — essentially an estimate of what the property could fetch in rent annually. Industrial properties are typically taxed at non-owner-occupied rates. Key points to note:

  • Payable regardless of whether the property is currently tenanted
  • Higher rental value means higher property tax
  • Calculated by IRAS based on the prevailing AV
  • Must be factored into investment returns and cash flow planning

Beyond land rent and property tax, industrial property owners should also budget for:

  • Maintenance and management fees — for common areas, building upkeep
  • Utilities and operational costs — especially if self-managed
  • Insurance — fire, public liability, and building coverage
  • Refurbishment or A&A costs — to meet JTC compliance or tenant requirements
  • Financing and interest expenses — if the property is mortgaged

Understanding these cost components allows you to accurately assess investment returns, price competitively, and avoid unexpected financial obligations.

We guide clients through the full cost structure of industrial property ownership, covering:

  • Investment analysis and pricing strategy
  • Lease and rental structuring
  • Advisory on compliance and A&A requirements

Our goal is to help you optimise your returns while managing risks effectively. Contact us for a free consultation →

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Still have questions? Contact Raffles directly.

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