Only EC site on Confirmed List this year launched
Aggressive bidding unlikely amid overhang of unsold ECs and mass-market condos in north-east region
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
AN executive condominium (EC) site along Anchorvale Lane - the only EC site on the Confirmed List of the government land sales (GLS) programme for this year - was released for sale on Wednesday.
Property consultants believe the site could draw interest from developers who have had residential projects in the north-east region, but aggressive bidding is unlikely amid a supply overhang of unsold ECs and mass-market condominiums in that region.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Ministry of Home Affairs Permanent Secretary Pang Kin Keong to retire
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
