First private residential sites in Turf City, former Keppel Golf Course among 7 new state land sites unveiled for sale
High demand expected for both sites as developers seek to gain a first-mover advantage
Add BT as a preferred source
SEVEN new sites are on offer under the government land sales (GLS) programme for residential housing in the first half of 2025, including the first private housing sites at the former Keppel Golf Course and Turf City. All are on the confirmed list.
Market watchers expect high demand for both sites as developers seek to gain a first-mover advantage in the Greater Southern Waterfront and Bukit Timah.
Wong Xian Yang, Cushman & Wakefield’s research head for Singapore and South-east Asia, said: “Given both sites’ locations, developers would be looking to get a first mover advantage, though they would have to be mindful of potential competition down the road.”
TRENDING NOW
CSE Global independent director quits after clashes with chairman Eugene Lai over board refresh
What’s wrong with Orchard Road? Experts weigh in on the street’s cachet and its future
‘I felt like dying’: Thai Singha beer scion speaks up after disclosure of alleged sexual abuse
Rare brutalist Singapore house opens to the public before changing hands
