Leasing Out a 33-Year JTC Block

Published 6 October 2026

Many people looking at a new industrial block, such as the one planned at Sengkang Connection, are thinking less about operating a factory themselves and more about renting the space to someone who will. If that is you, the lease structure beneath the building deserves as much attention as the unit itself. Sengkang Connection, a B2 general industrial development on Seletar West Road 3 in Sengkang West, sits on a 33-year leasehold from JTC. The project is still at the pre-launch stage and not yet open for public sale, which makes this a good moment to plan rather than to commit.

Start with the clock

A landlord's income horizon is shorter than the headline tenure suggests. JTC awarded the site on 1 October 2025, and completion is scheduled by the first quarter of 2029, so the usable lease will be shorter than 33 years by the time the block is ready. Every tenant you approach will do the same arithmetic, and a tenant planning to fit out heavy equipment will ask how long the tenancy can realistically run.

Check the JTC conditions that apply to sub-letting, permitted uses and tenant mix with JTC directly, rather than relying on what any brochure or conversation implies. Written confirmation is far safer than an informal assurance. Those conditions shape which businesses you can legally take on, and they are the foundation of any tenancy agreement.

Think about who will rent

The block is classed B2, for general industrial use in a multiple-user factory format across eight storeys. That points to occupiers who need production, assembly or light manufacturing space rather than a pure office. Local conditions matter too, from the road access on Seletar West Road 3 to the labour catchment in Sengkang West. A landlord does well to picture two or three realistic tenant profiles early and ask what each would need: loading access, power supply, floor loading and ceiling height. Unit sizes and mix have not yet been released, so keep those questions on a list for when the plans arrive.

Think, too, about the costs that sit on the owner's side of the ledger: maintenance contributions, insurance, periods without a tenant, and the cost of getting a unit ready between occupiers. Build in a buffer for the unexpected. A simple spreadsheet that tests a few scenarios will serve you better than a single optimistic number. The block targets Green Mark Platinum Super Low Energy, which may matter to tenants who care about running costs and sustainability reporting, though it is worth confirming exactly what is delivered.

Because pricing, floor plans and unit counts are still to come, the sensible step now is to learn the structure rather than guess at returns. The project details page sets out what is confirmed so far. If you would like to be told as soon as more is released, join the preview list through our contact page.

General information only, not financial or legal advice.