Guide to Industrial Government Land Sales IGLS

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

Site will be made available for tender  on a pre-determined date.  Interested 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

IGLS Site Guide IGLS Site Guide IGLS Site Guide IGLS Site Guide IGLS Site Guide

Reserve List

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

IGLS Site Guide IGLS Site Guide IGLS Site Guide IGLS Site Guide IGLS Site Guide IGLS Site Guide

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 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:

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 you 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. Send the completed Application Form by post in a sealed envelope with the label found in the Tenderer’s Packet. Address the envelope to: C/O Director, Contracts & Procurement Division JTC Corporation, The JTC Summit, 8 Jurong Town Hall Road, Singapore 609434.

Step 6:

Receive notification from JTC on the outcome of the application within three weeks.

(Note: 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.)