Rolled over sites to steal limelight in H1 2014 GLS

[SINGAPORE] Ministry of National Development (MND) may have introduced seven new sites across the confirmed and reserve lists for the H1 2014 Government Land Sales (GLS) Programme, but it is the older sites on the current H2 2013 slate being rolled over that will steal the limelight.

Among private condo sites, the 2.5-hectare land parcel at Prince Charles Crescent (Parcel B) is expected to garner the most interest, as this is the only site on the confirmed list that is located in the city fringe, said DTZ's head of Singapore research, Lee Lay Keng.

The site, which can generate about 655 homes, is next to Wing Tai's The Crest condo project.

Among EC sites, Ms Lee said the land parcel in Choa Chu Kang Drive is likely to attract a higher number of bids, taking into account …