MND ups confirmed-list private housing supply, but developers may still be hungry
Only 5 sites available on confirmed list of H1 2022 programme, compared with 4 in H2 2021; latest property curbs will also hit supply from big en-bloc sales: analysts
Singapore
THE government is raising the supply of private homes from sites on its confirmed list for the next-half by about 40 per cent compared with the current half. This comes against a backdrop of a buoyant property market over the past year and developers' dwindling inventory of unsold homes.
However, some observers say this may not significantly increase land-buying oportunities for developers, due to a paucity in the number of sites.
TRENDING NOW
DBS, OCBC and UOB shares hit all-time highs as sentiment improves
Targeted credit relief: Vietnam steers funding to Vingroup, Sun Group, Masterise megaprojects
E-commerce job cuts signal S-E Asia’s shift from scaling to deeper user engagement
Employers want AI-fluent employees. Hiring them is the challenge