The Government Land Sales (GLS) programme for the second half of this year reflects a prudent approach in ensuring sufficient supply to meet home buyers' demand without contributing to a glut when the homes are completed.
While its impact on developers' land bids is unclear, the programme will grant developers more options apart from what is currently available in the collective sales market.
We have been experiencing some problems with subscriber log-ins and apologise for the inconvenience caused. Until we resolve the issues, subscribers need not log in to access ST Digital articles. But a log-in is still required for our PDFs.