Home supply to dip by end 2016 as land sales programme takes effect: analysts

Private home supply shrank by 63% in December.

A scarcity in private homes could await Singaporeans come end 2016 as the government land sales programme announced in December saw residential supply dip to 925 units, down 85% from its 7,000-unit peak.

According to analysts from Barclays Research, due to the lack of new supply, certain choice locations with attractive attributes could see prices hold up better than those with abundant unsold inventory.

“On 14 Jan, a desirable site in eastern suburban Singapore on the Confirmed List of the Government Land Sales (GLS) attracted eight bids. Frasers Centrepoint, partnering Sekisui House (40%) and KH Capital (a unit of Keong Hong Holdings) submitted the top bid of S$624.18mn or S$858psf ppr, 4.0% above the next highest bid submitted by a CDL consortium,” Barclays Research said.

Barclays added that while they expect fewer new launches by end 2016, demand could shift to secondary projects.

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.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia