Guide to Industrial Government Land Sales IGLS

There are two main categories of IGLS sites, namely “Confirmed List” and “Reserve List”.

Confirmed ListSite will be made available for tender on a pre-determined date.

Reserve ListInterested industrialists must submit an application to JTC. Site will be made available for tender if the application is successful.

 

Confirmed List

Under the “Confirmed” list, there could be five types of status.

- Available for Tender

- Upcoming

- Tender Closed

- Awarded

- Not Awarded

 

Available for Tender

Site is available for tender. Interested industrialists can choose to participate in the tender.

Upcoming

Site will be made available for tender at a later date.

Closed

Tender for this site has been closed.

Awarded

Site has been awarded and will be removed from the list subsequently.

Not Awarded

Site is not awarded and will be removed from the list subsequently.

 

Reserve List

Under the “Reserve” list, there could be six types of status.

- Available for Application

- Available for Tender

- Upcoming

- Tender Closed

- Awarded

- Not Awarded

 

Available for Application

Site is available for application. Site will be made available for application if the tender is successful.

 

Available for Tender

Site is available for tender following a successful application. Interested participants can choose to participate in the tender.

Upcoming

Site has not been made available for application. It will be made available at a later date.

Closed

Tender for this site has been closed.

Awarded

Site has been awarded and will be removed from the list subsequently.

Not Awarded

Site is not awarded and will be removed from the list subsequently.

Click on the site to find out about the tender period and further plot details such as site specifications and length of tenure.

Instructions

Step 1:

Navigate to the “Industrial Government Land Sales” page on JTC’s website (www.jtc.gov.sg).

Step 2:

Look for sites under both “Confirmed List” and “Reserve List” that are labelled “Available for Tender”.

Step 3:

Study the site specifications, tenure and requirements. If interested, proceed to purchase Tenderer’s Packet.

Step 4:

Purchase the Tenderer’s Packet by filling in the online purchase form, make payment and upload proof of payment. The Tenderer’s Packet will be emailed to you within eight working days. It contains key information you need to take note of, e.g. Conditions of Tender and Technical Conditions of Tender.

Step 5:

Pay the Tender Deposit which is at least 5% of the Tendered Sale Price. Please refer to the Conditions of Tender found in Tenderer’s Packet for further instructions on how to pay the Tender Deposit.

(Note: Tender Submission will only be considered when Tender Deposit has been received by the Tender Closing Date and Time.)

How much should I bid for the site?

You will have to submit a Tendered Sale Price that you are prepared to pay for the site. You can refer to the historical bid prices of previously awarded IGLS sites to gauge how much you should bid for the site. If there is a minimum Tendered Sale Price stated in the Conditions of Tender, you will have to tender a bid greater or equal to this value for your bid to be considered.

Step 6:

Submit completed Form of Tender and proof of Tender Deposit payment in a sealed envelope to Tender Box 5 at The JTC Summit, 8 Jurong Town Hall Road, Singapore 609434 by 11:00am before Tender Closing Date.

Step 7:

Receive notification from JTC on the outcome of the IGLS Tender within 10 weeks from the Tender Closing Date.

(Note: For the successful tenderer, JTC will send you a Tender Acceptance Letter. For the unsuccessful tenderer(s), the Tender Deposit will be refunded.)
Instructions

Step 1:

Navigate to the “Industrial Government Land Sales” page on JTC’s website (www.jtc.gov.sg).

Step 2:

Look for sites under Reserve List that are labelled “Available for Application”.

Step 3:

Study the site specifications, tenure and requirements. If interested, proceed to purchase Tenderer’s Packet.

Step 4:

Purchase the Tenderer’s Packet by filling in the online purchase form, make payment and upload proof of payment. The Tenderer’s Packet will be emailed to you within five working days. It contains key information you need to take note of, e.g. Conditions of Tender and Technical Conditions of Tender.

Step 5:

Fill in the Application Form found in the Tenderer’s Packet. The completed form must be enclosed in a sealed envelope and delivered in person to JTC’s Centre for Information Management (CIM) office located at Level 17 of The JTC Summit, 8 Jurong Town Hall Road, Singapore 609434. The office is open from Mondays to Fridays (excluding public holidays) from 8:30 am to 12:00 pm and 2:00 pm to 5:00 pm.

Step 6:

Receive notification from JTC on the outcome of the application within four weeks. If the Application is successful, JTC will notify you to sign an agreement for tender before the Reserve List site will be launched. You will also need to pay an Application Deposit of 3% of the minimum bid price through a bank's guarantee or by bank transfer within a period of two weeks.

(Note: Upon receipt of the signed agreement and deposit, the tender opening and closing date will be updated on the website. The minimum bid price will also be published on the website.)

 

Participating in an IGLS tender for successful applicant

Step 7:

If you are the successful applicant, you are required to participate in the Tender before the Tender Closing Date and Time, failing which, the Application Deposit will be forfeited.

For successful applicants, your Tendered Sale Price must at least clear the minimum bid price and the Tender Deposit should be at least 5% of your Tendered Sale Price. Your Application Deposit will form part of the payment of the Tender Deposit.

Step 8:

Submit the completed Form of Tender and proof of Tender Deposit payment in a sealed envelope with the Envelope Label to Tender Box 5 at The JTC Summit, 8 Jurong Town Hall Rd, Singapore 609434 by 11:00 am on Tender Closing Date.

Step 9:

Receive notification from JTC on the outcome of the IGLS Tender within 10 weeks from the Tender Closing Date.

(Note: For the successful tenderer, JTC will send you a Tender Acceptance Letter. For the unsuccessful tenderer(s), the Tender Deposit will be refunded.)