Brainscape's Knowledge GenomeTM

Browse over 1 million classes created by top students, professors, publishers, and experts.


See full index

REM > Industrial > Flashcards

Industrial Flashcards

1
Q

Stakeholders in industrial property market

A
  • largely driven & shaped by government
  • in land allocation, incentive schemes, tax holidays, and promotion of SG
  • through Economic Development Board
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

Types of zonings for Industrial

A
  • Business 1
  • Business 2
  • Business Park
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

What is the 60/40 rule?

A
  • 60% of the floor area are to be used for main industrial uses, and the remaining 40% were to support the 60% (offices, childcare centres, etc)
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

what do Business 1 do?

A
  • NEA does not impose a nuisance buffer greater than 50 metres.
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

Business 2 (B2)

A
  • operations will be imposed with nuisance buffer more than 50 metres and within health and safety buffers
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

Uses of Business 1

A
  • Computer software development
  • Distribution services
  • Assembly and repair of computer hardware and electronic equipment
  • Printing, publishing and allied industries
  • Packing of dried foodstuff
  • Warehouse except for storage of chemicals
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

Uses of Business 2

A
  • Biotechnology
  • Manufacture of electrical apparatus and supplies
  • Vehicle repair and servicing
  • Manufacture of furniture and fixtures
  • Warehouse
  • Electrical Substation
  • Industry/power generation plant
  • Gas Installation
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

Business parks

A
  • engage in high-technology, research & development (R&D), high-value and knowledge intensive activities
  • non-manufacturing in nature
  • have generous & lush landscaping, quality building designs, and wider range and variety of amenities & facilities
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

Business Park uses

A
  • biomedical, software development industries, labs, etc
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

what amenities Business Parks have?

A
  • shuttlebus
  • F&B outlets
  • childcare
  • gym
  • swimming pool
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

What does JTC stand for?

A

Jurong Town Corporation

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

What is JTC?

A
  • Largest industrial supplier developer
  • In 2018: HDB industrial portfolio is
    transferred to JTC.
  • No. of estates : 67 JTC estates
  • Land area: 8,100 hectares
  • No. of industrial units: 16,300
  • No. of land leases: 3,640
  • Ready-built space: JTC 3.4 million
    sqm
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

Ready Built Factories

A
  • Tenure : 60y, 30y+option 30y, 30y & 20y
  • Tenancy 3y + option 3y
  • Hassle-free, quick-up operations for End-user industrialists
  • Minimum investment in building/land
  • Economies of scale when common
    facilities/amenities are shared
  • Easy to expand/reduce space
    requirements
  • For small businesses which require ground-floor access – general industries like vehicle repair,
    machinery work.
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

Standard Landed Factories

A
  • Single- to 3- storey, with mezzanine office, toilets, own compound – design for heavy industries - requiring larger ground floor space for the movement and storage of goods.
  • Land-based units are new generation model.
  • Mezzanine offices are served by
    passenger lifts and have office finish lobbies.
  • Common carpark
  • For ground-based operations and heavy machinery and crane users.
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

Flatted Factories

A
  • Multi-tenanted
  • Light & non-pollutive
  • 1st to 3rd storeys: higher loading capacity for end-users with heavy
    machinery & operations
  • Share common facilities like cargo lifts, loading bays, carparks, canteens
    & toilets
  • Industrial shops: smaller in size & have own toilets. Common carpark
  • For ground-based operations & heavy machinery & crane users
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

Stack Up / Ramp Up Factories

A
  • To intensify land use, landed factories are stacked up
  • Multi-tenanted
  • Every floor has direct vehicular and loading access via ramps
  • High loading capacity and high ceiling
  • Some flatted factories and industrial complexes are designed with ramps.
16
Q

Specialised Industry Specific

A
  • Food; Woodworking; Motor related; Furniture; Aerospace; Biochemical;
    Medical Devices; Clean & Nanotechnology
  • Multi-tenanted
  • probably need high electrical load & storage space
  • more pollutive
16
Q

Assessment criteria of JTC terms and conditions

A
  • Fixed Assets Investments (FAI)
  • Plot Ratio
  • Value-Added (VA)
17
Q

Fixed Assets Investments (FAI) includes

A
  • Plant & Machinery (P&M) i.e. the fixed assets in the audited accounts and
    used in the production of goods and services in connection with its
    business
  • Building & Civil (B&C) works which comprises of a set of qualitative
    design guidelines and standards
18
Q

Plot Ratio

A
  • applies mostly to land site applications
  • It depends on site usage, site location, lease tenure period
  • If the declared PR is not met, the lease tenure period is prorated.
19
Q

Value-add

A

a company to raw materials used during a production process

20
Q

Subletting

A
  • tenant rent a part of the floor area to another.
  • Subtenant may be wholly owned or related to tenant
  • Sub-tenants still need to comply with relevant authorities’ requirements just like main tenant
21
Q

can end-user sublet? how?

A

sublet up to 50% of GFA to non-related companies within five years after obtaining the first TOP for the site, and up to 30% thereafter

22
Q

can third-party facility providers sublet? how?

A
  • Can sublet up to 50% of GFA per allocation to non-anchor subtenants within five years after obtaining the first TOP for the site, and up to 30% thereafter
  • Must sublet at least 50% of GFA to anchor subtenants within five years from obtaining the first TOP for the site, and 70% thereafter
  • Minimum occupation period of three years for subsequent anchor subtenants
23
Q

JTC’s tenants can sublet?

A

nah

24
Q

what does assignment mean?

A

selling the entire land/property

25
Q

New build-&-lease contracts

A

No assignment (selling) during Investment period and 5 years thereafter

26
Q

JTC facilities bought from secondary market

A
  • basically resale
  • For leases ≤ 30 years: No assignment within 5 years from purchase of leases
  • For leases > 30 years: No assignment within 10 years from purchase of leases
  • For leases < 5 years: No assignment
27
Q

Build & Lease - 3rd party facility providers become JTC main lessees

A
  1. JTC grants land lease to 3rd-party Facility Provider
  2. 3rd-party Facility Provider constructs customised building for end-users
  3. Intended end-users (anchor tenants) rents
28
Q

Sale & Leaseback

A
  • Industrialist assigns completed facility to third party facility provider, who leases back the facility to industrialist
    for continual usage.
  • REITs actively acquired from other industrial property owners/landlords for investment.
  • End-user industrialists - asset-light / off-Balance Sheet financing / unlock value
29
Q

Sale & Leaseback process

A
  1. Existing JTC lessee sells to a 3rd-party Facility Provider
  2. at the same time, leaseback at least 70% of GFA
  3. Or Anchor tenants to rent at least 70% and must
    each occupy at least 1,500 sm & satisfy JTC criteria
30
Q

Factors affecting pricing of industrial properties other than location & accessibility

A
  • market trend
  • tenure (30 years usually)
  • proximity to labor
  • access roads & width of internal circulation road
  • Utilities Provision
  • loading & unloading facilities
  • goods lifts & passenger lifts
  • parking

REM (11 decks)

Brainscape helps you reach your goals faster, through stronger study habits.
© 2024 Bold Learning Solutions. Terms and Conditions