Over 100,000 private homes and EC units to be available in the next 4 years

It's a healthy pipeline supply.

According to URA, as at the end of 4th Quarter 2012, there was a total supply of 86,475 uncompleted private residential units from projects in the pipeline, higher than the 83,975 units in 3rd Quarter 2012. Of the supply in the pipeline, 36,352 units remained unsold as at 4th Quarter 2012.

There was an additional supply of 10,201 EC units in the pipeline. In total, the pipeline supply of 96,676 units, including ECs, was the highest ever recorded since such data were first available in 2001. 

In addition, another 15,215 units are expected to be added to the pipeline supply soon. These units are from Government Land Sales (GLS) sites that had been awarded to developers, but for which planning approvals had not been obtained yet as at 4th Quarter 2012, as well as from Confirmed List sites from the 1H2013 GLS Programme that have not been awarded yet.

If these units are included, there will be close to 111,891 private housing and EC units in the overall pipeline supply, many of which are expected to be completed in the next 3 to 4 years.  

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

If you've been wondering whether SBR could work for your company — yes, probably.

A lot of the companies we partner with started as readers. They'd been following our coverage for a while, saw their own customers and competitors in it, and eventually asked the obvious question: could we do something with you? The answer is usually yes. The shape of it depends on what you're trying to do.


The options are broader than most people assume — thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. Some partners use one channel; most use a mix. We figure out the right combination by starting with your brief, not with our rate card.


So if the question has been on your mind, here's the easy way to ask it.

We'll tell you honestly whether we can help, and how. It's a better use of everyone's time.