Industrial land supply for H1 2016 at 8-year low

Singapore

THE Singapore government has continued to moderate the supply of industrial land for the first half of 2016 in the face of a looming industrial space glut.

Marking an eight-year low, there will be six sites on the Confirmed List and four sites on the Reserve List with a total site area of 12.24 hectares under H1 2016 industrial government land sales programme (IGLS).