Developer demand keeps GLS bidding firm as government lifts supply

The confirmed list rose to 4,745 homes, with Town Hall Link added to test Jurong appetite.

Singapore has increased the supply of private homes under the second-half 2026 Government Land Sales (GLS) programme, with property consultancies saying sustained developer demand and strong new home sales continue to support interest in development sites.

The confirmed list will offer 4,745 homes in the second half, including an executive condominium (EC) site, up from 4,575 units in H1 2026. The programme comprises eight residential sites and one White site at Town Hall Link in Jurong Lake District.

According to Huttons Asia, the increase comes as developers remain active in land tenders and seek to replenish their land banks following strong sales at recent project launches.

The consultancy noted that GLS sites have attracted an average of 4.6 bidders this year, excluding EC plots.

Several property agencies said the steady pipeline reflects continued housing demand whilst providing developers with sufficient acquisition opportunities.

Knight Frank Singapore head of research Leonard Tay said the government has maintained overall residential supply at more than 9,000 units across the Confirmed and Reserve Lists, broadly in line with recent programmes.

A key feature of the latest GLS slate is the Town Hall Link White site, which was moved from the Reserve List to the Confirmed List. The site can potentially yield up to 1,200 homes alongside office, retail, hotel, and community uses.

CBRE head of research for Singapore and Southeast Asia Tricia Song said the move demonstrates the government's continued commitment to developing Jurong Lake District as a major business and residential hub outside the city centre.

"The carved-out smaller parcel should attract better interest," Song said, noting that the site's reduced scale and increased residential component could help lower development risks compared to the original master developer site.

Tay said the project will also test market appetite for large-scale decentralised office developments noting that developers are likely to factor in lower rental expectations outside the CBD when assessing bids for the site.

Amongst the residential plots, consultants highlighted Orchard Boulevard as one of the most attractive sites on the Confirmed List. The plot can yield about 110 homes and follows healthy sales at the nearby UpperHouse at Orchard Boulevard project.

OrangeTee & ETC chief researcher and strategist Christine Sun said land parcels in the Orchard area are released infrequently, whilst nearby projects have demonstrated continued buyer demand for homes in the district.

The East Coast Road site, which can yield about 85 homes, was also identified as a notable offering.

Knight Frank said its location within the Siglap enclave supports a boutique residential development, whilst OrangeTee & ETC noted that the site may appeal to buyers seeking a quieter residential environment.

Meanwhile, the sole EC site at Jurong East Avenue 1 is expected to attract interest from developers and buyers given the limited supply of new EC projects in the western part of Singapore and its proximity to future transport infrastructure.

PropNex noted that the total EC supply on the Confirmed List in 2026 stands at 1,370 units across three sites, lower than the 1,970 units offered across five sites in 2025.

Industry observers said the latest land sales programme maintains a steady supply pipeline whilst supporting future housing development across both established and emerging residential precincts.