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
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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.
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