Procedures for the IGLS Reserve List: A Comprehensive Guide

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What is available for JTC Industrial Land Tender in 2025

Answer: A developer who is interested in purchasing a JTC site on the GLS reserve list must submit the application form, indicating the minimum price that he is willing to bid for the site if it is put up for tender. The Applicant understands that a valid application shall consist of the following criteria:

• The Applicant shall use the most updated application form for purpose of this Tender application;

• The Applicant shall put the proposed quantum for the minimum bid price in lump sum;

• The Applicant's signature must be executed at the signatory page of this Tender application;

• The prescribed label must be pasted on the envelope containing this Tender application.

Answer: 

• The completed form must be enclosed in a sealed envelope with the prescribed label. 

• The Applicant must also indicate clearly on the front of the sealed envelope of the land parcel being applied for.

• No application fees will be charged. 

• The Applicant will be informed of the outcome of his application within three weeks.

Answer: 

• Upon acceptance of the application, the Applicant will be advised to execute to participate in the tender when the land sale is launched and to pay a deposit of 3% of the minimum bid price by way of a cashier's order, or by bank transfer within a period of two weeks. 

• The Applicant will henceforth be referred to as the "committed applicant". Where 3% of the minimum price exceeds $5 million, the deposit payable shall be $5 million only.

Answer: 

• Upon the execution of the agreement and payment of the deposit by the Applicant, JTC will make a public announcement about the acceptance of the application and the accepted minimum bid price.

• The identity of the committed Applicant will not be disclosed to the public.

• Under the agreement, the government will launch the site for tender within six weeks from the date of signing of the agreement, failing which the agreement will lapse and the deposit will be refunded, without interest, to the committed Applicant.

• Under the agreement, if the Applicant fails to submit a bid in the tender, puts in an invalid bid or bids below the submitted bid price, the deposit will be forfeited.

• The land sale will be conducted in the form of a public tender. The opening bid price shall be the minimum bid price as stated in the Particulars of Tender. 

• The Applicant will be allowed to use the deposit for the agreement as full or part payment of the tender deposit. This will be applicable also in the event the tender is submitted by the Applicant jointly with another party. If he puts in a bid in accordance with the agreement, but is not the highest bidder in the tender, his deposit will be refunded.

• The tender will be opened for six weeks from the date of launch. 

Alliance Facilities Management Pte Ltd is committed to upholding the highest standards of integrity, transparency, and ethical conduct. In the specialized field of Singapore industrial property consultancy, we recognize that our reputation is our most valuable asset.

As of January 2026, we have updated our pledge to align with the latest global governance standards and Singapore's stringent regulatory environment.

Our Zero-Tolerance Policy

We unequivocally reject any form of bribery, corruption, or unethical influence. Our commitment to a "clean business" ensures that every JTC application we handle is judged solely on its technical and economic merits.

• Compliance with the Prevention of Corruption Act (PCA)

Our operations are strictly governed by the Prevention of Corruption Act (Chapter 241) of Singapore. We do not offer, give, solicit, or accept any form of gratification—monetary or otherwise—to gain an unfair advantage in business dealings, lease assignments, or land tenders.

• Intellectual Honesty in JTC Consultancy

We pledge to provide "Intellectual Honesty" to our clients. If our feasibility study indicates that a project is unlikely to meet JTC’s 2026 productivity or solar mandates, we will advise the client candidly rather than proceeding with a non-compliant submission.

Pillars of Ethical Operation

• Full Operational Transparency

All business transactions are conducted with full transparency. We maintain meticulous records of all financial activities and consultancy steps, ensuring a verifiable "audit trail" for our clients and regulatory bodies.

• Protection of Client Confidentiality

We treat sensitive business data, including proprietary manufacturing processes and financial projections required for JTC submissions, with the highest level of data security and professional discretion.

• Avoidance of Conflict of Interest

AFM maintains strict internal controls to identify and mitigate potential conflicts of interest. We ensure that our advice remains objective and exclusively focused on the best interests of our clients and the integrity of the industrial land ecosystem.

To Our Clients & Partners

Trust is the cornerstone of our relationship. This pledge represents our unwavering commitment to maintaining your confidence by ensuring that all interactions are conducted with the utmost integrity. By working together with honesty, we achieve success that is both sustainable and honorable.

Danny Mak Lead Consultant & Director Alliance Facilities Management Pte Ltd