Government offers 32 sites, mostly residential, for sale in 1st half of 2013
Published on Dec 14, 2012 10:42 AM
THE Government has earmarked a total of 32 sites for sale in the first half of next year under its land sales programme. They will yield about 14,000 private homes - including 3,100 executive condominium (EC) units - comparable to the GLS programme in the second half of this year.
The sites will provide an adequate supply of private housing to meet continued demand from home buyers, said the Ministry of National Development in a statement today.
Under the programme, the Government has put 12 private residential sites - including five EC sites - and a commercial-cum-residential site under its confirmed list.
These sites can yield about 6,900 homes, including 3,100 EC units, and 33,000 square metre of gross floor area of commercial space.
To continue reading, log in if you are a subscriber
Enjoy 2 weeks of unlimited digital access to The Straits Times. Get your free access now!