Moderate, calibrated industrial land supply in H2
Govt puts 7 sites on Confirmed List and 5 on Reserve List; sites on Reserve List not expected to be triggered for sale
Add BT as a preferred sourceSingapore
MODERATE and calibrated. These words from property watchers pretty much summed up the second half industrial government land sales (IGLS) programme announced by the Ministry of Trade and Industry (MTI) on Tuesday.
In line with its policy of ensuring adequate land supply for industrialists without exacerbating the risk of an oversupply, the government is rolling out seven industrial sites on the Confirmed List totalling 3.99 hectares in site area.
TRENDING NOW
When every phone becomes a satellite phone, what happens to Asia’s telcos?
Jardine C&C selling Singapore, Malaysia dealerships to Indonesia’s Chandra Asri for US$221 million gain
Digital Realty, STT GDC among data centre operators awarded 50 MW of new capacity in Singapore
Upbeat outlook for CDL, UOL after strong H1 earnings
