Latest GLS programme designed to draw developers back to state tenders
A variety of plum plots of palatable sizes raises the likelihood of sites being awarded, after patchy performance over the past 15 months
[SINGAPORE] Despite the uncertain global economic and political climate, the government will continue to provide stable land supply for private housing development in the second half of this year.
Last Friday (Jun 13), the Ministry of National Development (MND) said it will release land for about 4,725 private housing units in H2 2025 through the confirmed list, a 6 per cent drop from the 5,030 units in H1 2025.
These figures include executive condominium (EC) units, a public-private housing hybrid, with initial buyer eligibility and resale restrictions that are completely lifted 10 years after an EC project has been completed.
TRENDING NOW
Singapore developer in limbo after Timor-Leste’s shock scrapping of major township project
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
US-China summit: Trump sees ‘better’ ties, Xi warns over Taiwan, as talks conclude
That ‘cheap’ Malaysia condo could cost Singapore buyers far more than they think