26 Jun '13, 3am

Singapore releases 31 sites under the Government Land Sales (GLS) Programme

Jun 25, 2013 - PropertyGuru.com.sg Comment E-mail to friend Bookmark & Share The government has released 31 sites under its 2H2013 Government Land Sales (GLS) Programme, 11 of which are in the confirmed list while the remaining 20 are on the reserve list. The confirmed list sites comprise 10 private residential sites, including five executive condominium (EC) sites, and a commercial site (pictured ) at Woodlands Avenue 5, according to the Urban Redevelopment Authority (URA). Located in the Rest of Central Region and Outside Central Region, the private residential sites can yield around 6,000 private residential units, inclusive of 2,800 EC units. According to the release, the supply of private residential units “comes on top of the record high supply of 100,600 units (including ECs) in the pipeline, of which 39,000 units are still unsold as of the first quarter of 2013.” M...

Full article: http://www.propertyguru.com.sg/property-management-news/2...

Tweets

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