NTUC Choice Homes eyeing land parcels but no confirmed projects yet

The property development arm of Singapore’s labour movement, NTUC Choice Homes, has been closely watching the release of land parcels.

But it has no confirmed development plans right now.

Speaking at a news conference on NTUC’s social enterprises, NTUC Choice Homes CEO, Margaret Goh noted that the release of land parcels for housing has been quite intense.

NTUC Choice Homes, which has been involved in the building of executive condominiums, has been looking at every one of them.

Says Ms Goh: “Obviously we are looking at plucking all the gaps in getting housing units to fulfill the aspirations of Singaporeans to upgrade and have a better lifestyle. There are a lot of land tenders out and we have been looking very seriously at each and every parcel.”

Source : Channel NewsAsia – 6 May 2010

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