jtc.gov.sg

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Definitions (24)

1

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Business park


This refers to areas for non-pollutive industries and businesses that engage in high-technology, research and development, high value-added and knowledge-intensive activities. Science parks where the primary activity is research and development are included in the Business Park category from 3rd Quarter 2002.
Source: jtc.gov.sg

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Gross Floor Area


Covered floor space (whether within or outside a building and whether or not enclosed) measured between party walls including thickness of external walls and any open area used for industrial purposes.
Source: jtc.gov.sg

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Planned developments


Projects on which construction has not started, comprising new development projects with planning approvals (i.e. Provisional Permission, Written Permission).
Source: jtc.gov.sg

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Price


The price agreed between the purchaser and the vendor for property and land. It excludes stamp duties, agency fees, legal and other professional fees.
Source: jtc.gov.sg

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rental


The gross rent per month including service charge but excluding Goods and Services Tax (GST).
Source: jtc.gov.sg

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Stock


Completed space, whether occupied or unoccupied, that is available for physical occupation.
Source: jtc.gov.sg

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UNDER CONSTRUCTION


A project is deemed to be under construction when a permit to commence building works in respect of that building is issued by the Commissioner of Building Control.
Source: jtc.gov.sg

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VACANCY RATE


The percentage of the existing stock that is vacant.
Source: jtc.gov.sg


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