Lower supply of new homes for second half of Govt land sales programme
Published on Jun 10, 2014 11:27 AM
SINGAPORE - The supply of new homes was pared down under the Government Land Sales (GLS) Programme for the second half of the year.
A total of six residential sites, two mixed-use plots and one commercial parcel was put on the confirmed list, said the Urban Redevelopment Authority (URA) on Tuesday.
Together, they can accommodate up to 3,900 private homes, including 1,500 executive condominium units. These will be "located across all regions of Singapore," said URA.
This was down from the 4,600 new private homes that could be yielded from GLS land on the confirmed list for the first half of 2014.
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