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
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!