178 views
Photo from Milin John from Unsplash

URA to launch tender for 5,050 units in H2 2024 GLS Programme

The programme comprises 10 Confirmed List sites and nine Reserve List sites.

In H2 2024, the Urban Redevelopment Authority (URA) will launch a tender for 5,050 units under the Confirmed List of the Government Land Sales (GLS) programme.

The H2 2024 GLS programme comprises 10 Confirmed List sites and nine Reserve List sites, yielding 8,140 residential units, 113,650 sqm gross floor area (GFA) of commercial space, and 530 hotel rooms.

The Confirmed List comprises nine private residential sites and one mixed-use site, whilst the Reserve List comprises five private residential sites, one commercial site, two White sites, and one hotel site.

The government will carry over the White site for a mixed-use development at Woodlands Avenue 2 and the short-term lease commercial site at Punggol Walk from the 1H2024 Reserve List to the 2H2024 Reserve List.

River Valley Road's site has also been carried over from the 1H2024 Reserve List.

In 2023, Singapore's housing supply will reach 11,110 units in 2024, the highest since 2013.

The government said it will release a steady supply of private housing to cater to demand, with supply adjusted every six months in response to prevailing economic and property market conditions.

Follow the link for more news on

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.