Sale of Remnant Land
Some parcels of State land are incapable of independent development by virtue of their small size or irregular shape. These parcels are commonly referred to as “remnant land”.
Remnant land can sometimes be amalgamated with adjoining private lands to bring about an enhancement in land value. To optimise the use of these remnant lands, the Government may in suitable cases encourage or even require developers/owners to purchase a remnant land for amalgamation. The tenure of the remnant land will tie in with that of the adjoining private land.
If the remnant land adjoins only one property, it can be sold directly to the landowner. However, if the remnant land adjoins several properties and multiple owners are interested in purchasing the land, SLA will invite all interested owners to bid for the remnant land in a closed tender. The land will be awarded to the highest bidder whose bid is equal to or higher than the reserve price.
Please refer to the FAQs for more details.
HOW TO PURCHASE STATE REMNANT LAND?
You may apply to purchase remnant land using this online application form.
Please also take note of the following:
• For remnant State lands to be sold directly to only one party, the typical processing time is 8 weeks from the date that SLA receives the application.
• For complex cases which involves sale of roads and drainage reserves etc. or where a closed tender between adjoining owners is necessary, the typical processing time is 20 weeks from the date SLA receives the application.
•The sale of remnant land is subject to the concurrence of the relevant technical agencies.
For successful applicants, besides the processing fees and premium, there are two categories of charges to be paid, namely statutory and administrative charges. These are:
• Stamp fees payable to Commissioner of Stamp Duties under the Stamp Duties Act,
• GST, where applicable,
• Survey fees.
• Cost of issuance of Certificate of Title - $70.
• Payment can be made via CashCard, NETS and Credit/Debit card at our Customer Service Centre at the above address; or By way of a cheque made payable to "Commissioner of Lands, SLA".
The premium payable for remnant land is generally based on 50% of the full land value. This is determined by applying the factor of 5/7 to the applicable Development Charge (DC) rate.
The applicable DC rate is the rate as at the date of the Notice of Preliminary Terms and Conditions, offer, or closed tender (whichever is applicable) for sale of the remnant land.
However, in certain cases where the remnant land adds synergistic value to the adjoining parcel, the premium payable may be derived based on 50% of the enhancement in land value of the amalgamated site as assessed by the Chief Valuer, and the premium payable in such instances may be higher than that computed based on 50% of the full land value using the applicable DC rates