The move came after many foreign tourists recently flocked to the university's campus for sightseeing and photography, triggering noise and disruption, Channel News Asia reported.
The university's management board announced it would require all travel agencies planning tours to the campus to seek prior approval as well as pay the fee.
The fees are "intended to support campus maintenance and the regulation of vehicle flow" and to "ensure a sustainable visiting experience," it said in the announcement as cited by The Strait Times.
However, it didn't reveal how much the fee would be or when it would be implemented.
Many students at the university earlier complained on social media that they faced distractions from tourists taking photos and peeping over their shoulders at The Hive building, whose facade bears a resemblance to dim sum baskets.
Some tourists have even entered classrooms, disrupting student lessons.