SINGAPORE INDUSTRIAL PROPERTY GUIDE
Access road and width of internal circulation
To facilitate movements of goods, the internal roads of industry properties should preferably be wider so that 20-footer vehicles such as lorries and containers can move unimpeded within the complex. In Singapore, 40-footers and 45-footers are not uncommon. A 40-footer container with prime mover has an approximate length of about 55 feet (17 metres).
For ease of reversing into a loading or unloading dock, the required road width is about 110 feet (34 metre). Internal roads should have a width of 34 metres so as to avoid congestion at entry and exit points.
Access roads leading to the industrial premises must not be too narrow so that there would not be frequent jams, thereby causing delay in deliveries of goods.
Loading and unloading facilities
Loading and unloading facilities are critical for warehouse and storage properties and especially for warehouses operating on the "Just-In-Time" (JIT) concept.
Goods loading and unloading facilities should have:
i) A sheltered or covered loading or unloading dock
ii) An elevated loading or unloading dock
iii) Availability of dock levellers
Goods lifts
Preferably be able to contain pallets with 6-ton goods.
Power supply
Depending on the tenant's operations. There are two types of incoming electrical supply available, LOW TENSION and HIGH TENSION.
Public transportation and parking facilities
There should be parking facilities for long and heavy vehicles. Check if the management Corporation has the power to issue Vehicle Parking Certificates (VPC) for heavy vehicle parking in the night.
What is property tax?
Property Tax is a tax on properties in Singapore. These include HDB flats, houses, apartments, factories, shops, offices and land. The amount of Property Tax payable per year is computed based on a percentage (tax rate) of the Annual Value of the property.
How is annual value of the property calculated?
Annual Value is the estimated annual rent the property can attain if it were leased out. The Chief Assessor will establish the Annual Value of the property by analysing leases of comparable properties and relevant data.
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