How can I extend my JTC lease, and is FLEXI right for me?

Renewal and FLEXI compared

A renewal grants a new lease term that starts when the current one expires. FLEXI, JTC’s Flexible Lease Extension Initiative, adds 5 years to the current lease part-way through it; JTC introduced it for businesses that do well a few years into a lease and want a longer term for further investment. Both routes are subject to JTC’s assessment and tied to investment you commit to. The differences:

• Length: up to 20 years on renewal; 5 years per FLEXI extension.
• Timing: renewal applications are typically made 10 to 3 years before expiry; FLEXI can open 5 or 10 years into the lease, depending on its length.
• Assessment: a renewal needs a business and site intensification plan with investment, plot ratio, jobs and value-add figures; for FLEXI, JTC’s announcement looks for strong economic outcomes and new plant and machinery investment.

How a full renewal works

JTC’s Lease Renewal Handbook says to apply typically 10 years, and no later than 3 years, before expiry; applications before the original term’s halfway mark are considered only exceptionally. The 10-year window replaced a 6-year one on 1 July 2025, but JTC’s renewal page, last updated 13 May 2025, still describes a reminder email 6 years before expiry. Do not wait for it.

JTC assesses your business and site intensification plan, investment, plot ratio, jobs and value-add, and replies within 3 months of having everything it needs. If it offers a renewal, committed works and investment are due within 3 years of the offer; JTC then audits them and pro-rates the new term if plot ratio or plant and machinery investment falls short. Our lease renewal guide has more detail.

How FLEXI works

FLEXI has applied since 1 January 2026. JTC’s renewal page says eligible lessees may apply to extend their lease by 5 years, subject to JTC’s assessment and a commitment to new investments. A lessee on a lease of 30 years or more may be eligible once 10 years have elapsed; on a shorter lease, once 5 years have elapsed.

JTC’s announcement of 6 March 2025 framed the scheme around 20-year leases: lessees showing strong economic outcomes that commit to new plant and machinery investment may extend by up to two tranches of 5 years, to as much as 30 years. The renewal page also covers leases of 30 years or more and does not mention a second tranche, so ask JTC how many extensions your lease can take.

Applications go through JTC’s Customer Service Portal, with the processing fee temporarily waived. JTC has not published FLEXI’s pricing, document list, decision time or interaction with a later renewal; we found none of these on its website on 25 September 2026.

Rent and premium

On renewal, land rent resets to JTC’s posted rates when the new term starts and is then revised yearly, with increases capped at 5.5%. Alternatively, you can pay an upfront land premium for the whole term. JTC confirms the amount 3 months before the new term, and a building premium may apply if the building is JTC-owned.

Nothing is published on FLEXI pricing; the 2025 changes mention pricing only for new greenfield allocations, whose extra three years carry land rent or premium.

Solar: two sets of figures

Solar deployment is mandatory for new and renewed leases where the site has at least 600 sqm of available contiguous rooftop area and 10 or more years of lease left, according to JTC’s solar page (last updated 14 November 2023), renewal page and handbook. From 1 June 2026, the solar page applies it to assignments, transfers and redevelopment too.

JTC’s redevelopment page, last updated 3 July 2025, still gives at least 800 sqm and a remaining and renewed lease period of 15 years or more, from 1 April 2022. If you will renew and redevelop, ask JTC which applies. Neither page mentions FLEXI.

The 2025 changes and MTI’s figures

JTC announced four changes at MTI’s Committee of Supply debate on 6 March 2025:

• 3 extra years, with land rent or premium payable, for new greenfield allocations needing building development, effective immediately, including Industrial Government Land Sales sites (MTI, 10 March 2025). New allocations only.
• FLEXI, from 1 January 2026.
• The 10-year renewal window, from 1 July 2025.
• Auditable investment in innovation, R&D, digitalisation and IP creation counted as plant and machinery for renewals, from 1 July 2025.

MTI’s written reply to a parliamentary question, dated 5 May 2026, said over 400 companies, about 50% more than before, will be eligible to apply for renewal in 2026 to 2030, and about 15 greenfield allocations had received the extra years. JTC had early indications of interest in FLEXI but no applications as at end April 2026.