26 Jun '13, 12pm

Sites on GLS confirmed list to offer fewer units

Jun 26, 2013 - PropertyGuru.com.sg Comment E-mail to friend Bookmark & Share The land supply in the pipeline under the GLS Programme for 2H2013 will provide for the development of 14,155 residential units, which is roughly the same as the number of units made available under the 1H2013 GLS Programme with a total of 14,035, according to Collier’s Director of Research & Advisory Chia Siew Chuin. However, the sites under the confirmed list will provide only 5,960 units, compared to 6,953 units made available under the 1H2013 GLS Programme. “Almost all of the residential sites under the Confirmed List are in the suburban regions with no prime sites, unlike in the 1H2013 Confirmed List where there were plum sites available, such as at Coronation Road / Victoria Park Road and Mount Sophia,” noted Alice Tan, Associate Director and Head of Consultancy & Research at Knight Frank Si...

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

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