The Business Times

Central Region share of GLS confirmed list on the rise

URA: This will provide more housing options nearer to jobs in central area

Kalpana Rashiwala
Published Tue, Jun 17, 2014 · 10:00 PM
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[SINGAPORE] After creating jobs closer to homes in the suburbs in recent years, the government is increasingly bringing private homes closer to jobs in the city.

In the confirmed list of the Government Land Sales (GLS) Programme for H2 this year, the proportion of private housing supply in the Central Region has risen to 33.2 per cent. This is up from 28.9 per cent in H1 2014 and 15.1 per cent in H2 2013. The recent low was 8.6 per cent in H1 2012.

Central Region comprises Core Central Region (CCR) and Rest of Central Region (RCR).

"The sale and development of residential sites in the Cent…

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