JTC warehouse retail scheme – Singapore warehouse for sale
- Allow retail activities within industrial or warehouse development.
- Encourages combination of regional functions with innovative business models.
- Example: Tampines North – Ikea, Courts & Giant
- Business to satisfy minimum criteria by the 5th year of operations:
– Annual turnover – min. $100 million
– Total direct employment – min. 250 workers
– Annual total spending – min. $250 million or a total investment (exclude land) of min. $50 million
– Other conditions as imposed by JTC
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