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Only EC site on Confirmed List this year launched

Aggressive bidding unlikely amid overhang of unsold ECs and mass-market condos in north-east region

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Published Wed, Jun 29, 2016 · 09:50 PM
LAND PARCEL

Singapore

AN executive condominium (EC) site along Anchorvale Lane - the only EC site on the Confirmed List of the government land sales (GLS) programme for this year - was released for sale on Wednesday.

Property consultants believe the site could draw interest from developers who have had residential projects in the north-east region, but aggressive bidding is unlikely amid a supply overhang of unsold ECs and mass-market condominiums in that region.

Government Land SalesResidential

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