NParks sets up revised tenancy agreement for landscape, orchid land plots
In the new 6+3 year model, renewal will occur only once at 7th year of tenancy.
The National Parks Board (NParks) will revise the tenure structure for new landscape and orchid nursery land plots from the current 3+3+3 years to 6+3 years.
The revised tenancy model, which addresses demand for an extended first-term tenure, will apply to the next tranche of tenancy plots put up for tender by NParks starting from November 2025.
Under the new 6+3 year model, tenancy renewal and rental revisions will occur only once at the 7th year of tenancy, instead of twice at the 4th and 7th years.
“This will address the demand for a longer first-term tenure, as nurseries typically require substantial upfront investment and development costs and a longer timeline to complete construction and become operational,” NParks said.
To create the revised arrangement, the board also took input from the Landscape Industry Association Singapore (LIAS).
“The revised tenancy model provides greater business stability, enabling nursery operators to improve business planning and make longer-term investments in technology and equipment,” NParks and LIAS said.
NParks will introduce new tender processes and will open public consultation for the first national standard on tree management Code of Practice for Pruning of Trees in Tropical Urban Landscapes, as part of the board's “ongoing efforts to support businesses in the landscape industry.”