The Business Times

Consultants expect further paring of confirmed list supply

Slowdown in private home sales, substantial supply pipeline cited

Kalpana Rashiwala
Published Wed, May 28, 2014 · 10:00 PM
Share this article.

[SINGAPORE] An overwhelming majority of property consultants predict that the government will further trim land supply for private housing development in the confirmed list for the second half of this year, citing the sharp slowdown in home sales and the substantial supply pipeline.

They also expect the authorities to offer commercial sites on the confirmed list and/or reserve list in locations such as Paya Lebar and Woodlands to speed up their development as commercial hubs.

Despite Chesterton Singapore recently urging the authorities to release more hotel sites, citing a looming shortage of hotel rooms, most other property consultants think that there is sufficient supply and hence no pressing need to release land for hotel development. No hotel sites are on offer in the H1 list.

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to

New Articles


Get the latest coverage and full access to all BT premium content.


Browse corporate subscription here