The Ministry of Trade and Industry (MTI) has announced the release of approximately 11.1 hectares (ha) of industrial land across eight sites for sale in the first half of 2026 under the Industrial Government Land Sales (IGLS) programme. While this represents a reduction in land supply compared to the first half of 2025, the government reiterated its commitment to ensuring a sufficient and steady pipeline of industrial space to meet market demand.

The planned supply for H1 2026 is lower than the 14.07 ha across 10 sites launched in H1 2025. According to MTI, this calibrated approach reflects prevailing market conditions while maintaining long-term flexibility in land release. Despite the reduction, MTI emphasised that the government will “continue to release sufficient land through the IGLS programme” to support Singapore’s industrial ecosystem.

Of the eight sites slated for H1 2026, six are on the confirmed list, with a combined land area of about 8.58 ha. This is slightly below the 9.71 ha from seven confirmed sites offered in H1 2025. The remaining two sites are placed on the reserve list, amounting to 2.52 ha, down from 4.36 ha across three reserve sites in the same period last year. Sites on the reserve list may be triggered for tender if bids meet a minimum price acceptable to the government, allowing MTI to respond nimbly to market demand.

The year-on-year decline in industrial land supply comes against a backdrop of rising industrial rents. Data from JTC Corporation shows that the industrial rental index increased by 2.3 per cent year on year in the third quarter of 2025. This suggests continued demand for industrial space, even as supply growth is moderated.

However, when compared with the preceding half-year period, the H1 2026 land supply reflects an increase. In H2 2025, MTI launched six sites with a total area of 7.43 ha, comprising five confirmed sites totalling 5.25 ha and one reserve site of 2.18 ha. Notably, this reserve site at Tuas Road will be carried over to the H1 2026 reserve list, signalling ongoing interest in the location and preserving flexibility for future activation.

JTC Corporation will act as the sales agent for all the industrial sites under the H1 2026 IGLS programme. Overall, the latest land release underscores the government’s measured and responsive approach to industrial land planning—balancing near-term market conditions with longer-term economic and industrial development needs.

JTC industrial sales transactions provide insight on the recent market transacted prices.