URA launches two one-north GLS sites for sale

The Urban Redevelopment Authority (URA) yesterday launched two residential-cum-commercial sites in Buona Vista for tender. Both sites, which are zoned for residential development with commercial space at the first storey, have a lease period of 99 years. They fall under the confirmed list in the first-half 2021 government land sales (GLS) programme. Together, these two[…]

Private home supply from confirmed sale sites raised by 25%

Analysts say it is conservative, measured tack given uncertainties amid pandemic The supply of private homes from confirmed sites under the Government Land Sales (GLS) programme for the second half of this year has been raised by 24.6 per cent to 2,000 units, from 1,605 units for the first half of the year, in response[…]

Keen bids expected for housing sites in Lentor and Tampines

Both 99-year leasehold plots could yield nearly 1,200 units in total The hot housing market – for private and Housing Board flats – and developers’ need to replenish their land bank look set to ignite demand for government land sale (GLS) sites this year, with two plots in particular standing out from the pack. A[…]

Supply of land kept moderate amid economic uncertainty

The Government has moderately increased the supply of land for private homes but has kept the commercial and hotel sites unchanged for the first half of next year, as unsold home stocks fell and some developers are starting to buy land via collective sales. The uptick in residential supply from confirmed sites under the Government[…]

Sites for homes in Tengah, Ang Mo Kio up for sale

Potential for 985 units in total, with Tengah’s first executive condo The first executive condominium (EC) site in Tengah and a condo site in Ang Mo Kio were launched for sale yesterday under the second half of the 2020 government land sales (GLS) programme. Both residential sites are on the confirmed list, which was released[…]

Residential site in Bartley up for tender

A residential site in Jalan Bunga Rampai off Bartley Road has been launched for sale on the confirmed list in the Government Land Sales (GLS) programme, it was announced yesterday. The 99-year leasehold plot occupies 4,666.6 sq m and a maximum gross floor area of 9,800 sq m. It could yield about 115 units and[…]