Government seen maintaining supply of private housing land in H2
Despite the substantial pipeline of new homes, MND has to keep in mind developers' appetite for land at state tenders, say property consultants
Singapore
PROPERTY consultants generally expect the authorities to either maintain the supply of private housing land for the second half of this year around the same level as H1 2015, or trim it slightly.
The government is likely to weigh the substantial supply pipeline of new homes against the fact that developers are still demonstrating a healthy appetite for land at state tenders albeit at lower land bids.
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