The Urban Redevelopment Authority (URA) and the Housing & Development Board (HDB) released two residential sites and one White site for sale today under the 2nd half 2018 Government Land Sales (GLS) Programme. The URA site at Kampong Java Road and the HDB Executive Condominium site at Tampines Avenue 10 are launched for sale under the Confirmed List while the URA White site at Marina View is available...
Despite a "healthy supply" of private housing in the pipeline, the Singapore Government said on Wednesday (Jun 27) it will not cut its supply of land for homes in the second half of this year. About 20,000 private homes are expected to be built from Government Land Sales (GLS) and en-bloc sites that are pending planning approval, and there are another 24,000 unsold units from projects that have received...
The National Development Minister, Mah Bow Tan, said the government decided on a more measured approach in its latest land sales programme, taking into account the country’s medium to long-term needs. Speaking on the sidelines of a community event, he said the strategy is to ensure that there’s sufficient land set aside for development in the medium term, while at the same time, not forcing supply...
PROPERTY watchers say they do not expect to see any sale of the hotel sites under the Reserve List during the coming quarter, because of the current cautious sentiment in the market. Under the Government Land Sales programme for the second half of the year announced on Thursday, 10 hotel sites were up for sale but only one via the Confirmed List. Hotel room rates have been rising as Singapore receives...
The government will release enough land to build about 7,960 private residential units in the second half of this year. The sites will also produce 400,000 square metres of gross floor area of commercial space and 5,750 hotel rooms. The details were released by the Ministry of National Development (MND) on Thursday when it announced the Government Land Sales (GLS) programme for the second half of...
Capitol Centre at Stamford Road may be demolished to make way for a new hotel to meet demand for hotel rooms. The location is one of eight confirmed sites that have been released for sale, under the Government's Land Sales programme. The Ministry of National Development also announced on Thursday that it will release enough land to potentially build nearly 8,000 private residential units, in the second...
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