WHAT IS BUILD TO SUIT

WITH BUILD TO SUIT AS TENANT, YOU CAN HAVE YOUR OWN
PREMISES BUILD SPECIFICALLY ACCORDING TO
YOUR NEEDS AND REQUIREMENT.

 

WHY BUILD TO SUIT IS RIGHT FOR YOU

FROM CONCEPT TO COMPLETION

INQUIRY

1
Client advises Sinar Mas Land on the site selection and requirements they need (size, specs, timing, budget):

DESIGN

2
Sinar Mas Land design the premises (with the Tenant’s input).

AGREEMENT

3
Sinar Mas Land and Tenant agree for the lease term.

FINANCING

4
Sinar Mas Land finance the construction

BUILD

5
Sinar Mas Land build the premises

LAUNCH

6
The Tenant lease the premises

FAQ

Would it be possible to buy the property?
Our commercial term is for long-term lease arrangement. However, we can insert the option to buy into the lease agreement should the tenant require so.
What is the minimum lease period?
The minimum lease is 15 years
Do you have any minimum size requirement for BTS concept?
The minimum buildable area is 1.500 sqm
How far Sinar Mas Land will involve in the development?
As the Land owner and partner in BTS, we will manage the design, permit (IMB), financing and construction process until the building is ready to be handed over to the client.
Are there only specific locations on where we can build BTS?
Clients have wide range to choose for the location, whether it’s within Sinar Mas Land’s existing Land Bank or if they prefer their own stand-alone locations outside.
How long is the construction period for BTS scheme?
Typical construction period is 12 (twelve) months from the Contractor appointment, approval of final detail drawing, signing the Lease Agreement and Security Deposit received.
How does the design process work?
The design is a collaborative process involving client, Our (SML) project team and consultant (Structural, Mechanical, Electrical, Plumbing and civil). The regular meetings also will be held between the parties.
Who will manage the building during the Lease period?
The Building will be managed by a third party property management company, acting as Building Manager to provide any structural and non-structural maintenance work of the Building. So, the client will focus to their business. The agreement between property management will be arrange separately between Lessee and Property Management.
Apart from rent, do I have to pay any service charge?
Since the building management contract is signed directly by the tenant with the respective third party property management company, all charges for building maintenance will be paid to them and subject to the service coverage that the tenant requires and agreed with such company. There is a small sum of IPL (estate contribution fee) that is payable by all tenants / residents / occupants of the development to the respective estate management company.
Would it be possible if to do any changes to the specs during the construction period?
Yes, it would be possible as long as the client understand and accepts the timing and cost implications resulting from this change. The client simply needs to submit and the Request Form (RF) will be signed by both parties upon agreement by both sides.
Can we use our own preferred contractor / consultants?
Yes, you can request for your preferred ccontractor / consultants to construct / design the building as long as the contractor have considerable experience and is not in our ‘Black List’ contractor/vendor. We will put your contractor name on the tender list along with other contractors and when negotiation/bidding time, we will invite you to assure you get competitive price when using the service. Should you still wish to do direct appointment, it can still be done as long as you agree with the lease rate that will result from such direct appointment.
How much will my facility/building cost?
It depends on the location, size, type of building, parking ratio, building spec/material (floor hardener, floor to ceiling). We can provide estimate cost based on preliminary plans (initial cost) and will determined further after final construction.

WE WANT TO KNOW ABOUT YOU!

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