Kampong Bugis site makes it to GLS programme for H2 this year
It is one of new four sites on confirmed and reserved lists; analysts say Irwell Bank site may pique developer interest
Singapore
THE LONG-AWAITED Kampong Bugis site has finally made it to the government land sales programme (GLS) for the second half of this year, and market response will be keenly watched due to its size and master developer concept.
The 9.2 ha site, to be released under the reserve list and completed over the next 9 to 11 years, will be awarded to a single master developer to comprehensively master plan the site, and implement district-wide urban solutions.
The precinct can potentially…
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