9,300 new homes to result from slew of en bloc sales, warns URA
Analysts are unperturbed. They point to a lag in supply, and say demand will mop up the redeveloped units in the pipeline
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Kalpana Rashiwala
Singapore
THE Urban Redevelopment Authority (URA) has flagged the addition of a significant number of housing units to the existing supply pipeline from the redevelopment of en bloc sale sites - but analysts are not alarmed.
Among the reasons these market watchers cite is that they expect an inflow of overseas talents into Singapore to mop up the supply, and that not all these units will hit the market at the same time.
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