Three confirmed residential sites unveiled in 1H16 GLS Programme

These can yield about 1,560 units.

There are four sites on the Confirmed List and twelve sites on the Reserve List of the first half 2016 (1H2016) Government Land Sales (GLS) Programme, the Ministry of National Development revealed today.

There are three private residential sites on the Confirmed List, including one Executive Condominium site. These are located in the Outside Central Region and the Core Central Region and can yield about 1,560 residential units, including 640 ECs.

There is also one commercial on the Confirmed List, located in Bukit Batok. It can yield 11,000 sqm gross floor area (GFA) of commercial space.

Meanwhile, the Reserve List is made up of 8 private residential sites, 1 commercial & residential site, 2 commercial sites and 1 White site. These sites can yield about 5,860 private residential units, including 820 EC units, and 261,600 sqm GFA of commercial space, mostly for office use.

“The supply of private housing and commercial space from the GLS Programme, together with supply from projects in the pipeline, will be adequate to meet the demand for private housing and commercial space over the next few years,” the MND said.
 

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.


If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Top News

Singapore payments to hit $114b by 2030
Transaction value reached $39b in 2023 and is projected to grow 16.3% annually.
Cards & Payments