Reserve List Procedure

A site on the Reserve List System will be put up for sale if a developer's indicated minimum price in his application is acceptable to the Government.

The Government will also consider launching a Reserve List site for sale if it has received sufficient market interest for the site. This is when more than one unrelated party has submitted a minimum price that is close to the Government's Reserve Price, within a reasonable period.

Application for Reserve List sites

If you are applying to the Government for a Reserve List site to be put up for tender, you need to:

• purchase the eDeveloper's Packet at $185.30 (w GST), $170.00 (w/o GST)

• print and submit the form in a sealed envelope to URA (the land sale agency); and

• indicate in the application form the minimum price that you are willing to bid for the site if it is put up for tender.

The completed form must be enclosed in a sealed envelope with a label as shown obtained from the eDeveloper’s Packet and delivered in person to the relevant officer for the sale site.

We would appreciate it if you can contact the officers of the respective sale sites to schedule an appointment for your submission of application for Reserve List sites (please see below).

• Woodlands Avenue 2 - Ms Gillian How (email: Gillian_How@ura.gov.sg)

• River Valley Road - Ms Gillian How (email: Gillian_How@ura.gov.sg) 

• Punggol Walk- Ms Wu Jing Hui (email: Wu_Jing_Hui@ura.gov.sg)

• Marina Gardens Crescent - Ms Png Sim Nee (email: Png_Sim_Nee@ura.gov.sg)

• Media Circle - Ms Foo Jia Juan (email: Foo_Jia_Juan@ura.gov.sg)

• Media Circle (Parcel B) - Mr Sean Lim (email: Sean_Lim@ura.gov.sg)

• Cross Street - Ms Jeslyn Tai (email: Jeslyn_Tai@ura.gov.sg)

• Telok Ayer Street - Ms Gillian How (email: Gillian_How@ura.gov.sg)

• Morrison Lane - Ms Wu Jing Hui (email: Wu_Jing_Hui@ura.gov.sg)

• Kitchener Link - Ms Jeslyn Tai (email: Jeslyn_Tai@ura.gov.sg)

You are not required to pay any application fees and will be informed of the outcome of the application as soon as possible.

The application will be accepted if:

• the minimum price is considered acceptable; and

• the applicant is not disqualified from participating in land sale tenders

Upon acceptance of the application, within a period of 2 weeks, you must:

• execute an agreement [PDF, 83 KB] to submit a tender price not less than the minimum price stated in your application; and

• pay a deposit of 3% of the minimum price either through a cashier’s order, Bank/Insurance Guarantee(s) in electronic form or bank transfer. The deposit of 3% of the minimum price shall be capped at S$5 million only.

If you fail to do so, the acceptance of the application will lapse and no further action will be taken on the application.

After you have executed the agreement for tender and furnish the deposit, the successful activation of the site will be announced publicly. However, the identity of the applicant will not be disclosed to the public.

Tender process for Reserve List sites

Submitting an application

You should make an application only if you have a serious intent to activate a site for sale.

If your application is successful, but you fail (for reasons that are unacceptable to the Government) to execute the agreement and pay the deposit within 2 weeks or any extended time that was given, additional requirements will be imposed in your future applications for a Reserve List site.

If the applicant is a partnership or company, future applications by this partner or director, depending on the case, will also have to satisfy additional conditions.

Agreement for tender

Under the agreement, the deposit will be forfeited, if you:

• fail to submit a bid in the tender;

• put in an invalid bid; or

• bid below the minimum price.

The successful applicant may submit a tender price higher than the minimum price in the tender.

You can use the deposit for the agreement as part payment of the tender deposit. This is also applicable even if the tender is submitted jointly with another party. Your deposit will be refunded if you bid in accordance with the agreement, but are not the highest bidder in the tender.