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Latest government land sales programme offers two plum sites in mature estates

It continues to trim supply for home units, thus offering relief to developers

    Published Wed, Jun 24, 2020 · 09:50 PM
    Confirmed list of residential sites for H2 2020 GLS

    Singapore

    THE latest government land sales (GLS) programme should bring some relief to developers in these grim Covid-19 times as it continues to trim supply for home units while offering two plum sites in mature estates.

    The confirmed list released on Wednesday comprises three private residential sites - including one executive condominium (EC) site - which can yield about 1,370 private residential units (including 615 EC units) and 1,500 square metres (sq m) gross floor area (GFA) of commercial space.

    Government Land SalesCBREPropNexCovid-19

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