How to Tender for State Properties

VIEW THE STATE PROPERTIES AVAILABLE FOR TENDER

• When a State property is put up for tender, the property will be categorised as “Available Now” and the invitation to tender published here.
•  The Tender Documents can be downloaded from website.
•  Take note of the closing date and time of the tender stipulated.

PREPARE THE FOLLOWING DOCUMENTS

• Form of Tender
• Tender Brief indicating your proposal for the use of the property and relevant experience in the operation/ management of business for the proposed use(s)
• Tender deposit equivalent to one (1) month's rent (excluding GST) in the form of a cashier's order/ money order made in favour of the "Commissioner of Lands, SLA"
• Latest printout from the Accounting and Corporate Regulatory Authority (ACRA) if you are tendering as a company, or a copy of your identity card if you are tendering as an individual
• Latest audited financial statements for the past two (2) years if you are tendering as a company, or the latest income tax statement for the past two (2) years if you are tendering as an individual
• A checklist of the items to be submitted can be found on the second last page of the Tender Documents.

SUBMIT YOUR TENDER

• Submit your tender at the designated box located at the SLA by the closing date and time as stated in the tender.
• The timing for the close of tender will be based on the official time displayed at SLA. Any tender submitted after the closing date and time will not be considered.
• The tender is to be submitted in a sealed envelope marked with the envelope label cover enclosed in the Tender Documents.

PREPARE THE FOLLOWING

The items to prepare will be indicated in the Letter of Acceptance. Specifically:

• A security deposit of at least three (3) months of the tendered monthly rental is payable within 28 days after the date of Letter of Acceptance in the form of a cashier’s order, money order, banker’s guarantee, or Insurance Performance Bond / Guarantee issued by MAS-approved insurance companies. The security deposit quantum may increase to a maximum of six (6) months of rent.
• Fire insurance policy for the quantum and period stated in the Tender Documents
• GST payment of the first payable month’s rent in the form of a cashier’s order, money order, or cheque made in favour of the “Commissioner of Lands, SLA”
• A certificate of Stamp Duty issued by the Inland Revenue Authority of Singapore (IRAS) for the original Tenancy Agreement
• ACRA’s Registration of Companies Certificate
• Duly completed GIRO and Direct Credit Authorisation Forms