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Supply is ample, yet there is value in Singapore property 

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Leslie Yee

Leslie Yee

Published Mon, Jun 19, 2023 · 02:43 PM
    • In line with government efforts to optimise land use, the land where the Singapore Turf Club in Kranji sits will be redeveloped for housing and other developments.
    • In line with government efforts to optimise land use, the land where the Singapore Turf Club in Kranji sits will be redeveloped for housing and other developments. PHOTO: BT FILE

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    THE United Kingdom (UK) may have more land per person than Singapore, yet suffers from a greater housing shortage. 

    Perhaps insufficient new homes are being built in parts of the UK because existing homeowners are able to block new housing development near their homes. 

    In contrast, there may hardly be any housing shortage in Singapore despite its limited land size. 

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