MND ups confirmed-list private housing supply, but developers may still be hungry

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.