SINGAPORE - The Singapore Government on Thursday (June 11) released the second half 2015 Government Land Sales (GLS) Programme with four Confirmed List sites and 13 Reserve List sites that could yield more than 7,800 private residencial units.
A release by the Ministry of National Development said the sites will include 277,580 sq m gross floor area (GFA) of commercial space, and will have the capacity to house 7,825 private homes.
The Confirmed List will have four private residential sites, including an Executive Condominium site, while the Reserve List will have eight private residential sites, two commercial and residential sites, two commercial sites and one White site.
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 government release stated.
The residential sites on the Confirmed List are located in Outside Central Region and Rest of Central Region.
A White site in Marina Bay at Central Boulevard is also being released for sale via the Reserve List. The White site at Marina View/Union Street, which had been made available for sale through the Reserve List since October 2011, will be removed from the Reserve List for a review of its development plans.
The Reserve List includes two other sites, carried over from the first half of 2015, for predominantly office developments. These sites at Beach Road and Woodlands Square, together with the Central Boulevard site, will allow developers to initiate the development of more office space if they assess that there is demand.