Question

Ms Hazel Poa: To ask the Deputy Prime Minister and Minister for Trade and Industry (a) how much industrial space in JTC-managed land located in HDB towns have been vacant for one year or more; and (b) what are the plans to deal with these vacancies.

Written Answer by Deputy Prime Minister and Minister for Trade and Industry Gan Kim Yong

1. The occupancy rate of JTC Corporation industrial spaces in Housing and Development Board towns is high, at about 91% in 2024. About 6% of these spaces have been vacant for more than a year, mainly due to newly completed developments still in their ramp-up phase of getting tenants in.