Govt to release 31 residential sites in 2nd half


The government is ramping up the supply of sites for private housing in the second half of the year to meet strong demand.

All in, the second half of the Government Land Sales (GLS) programme will have 27 residential sites and four mixed-use sites where private housing can be built.

21 are new sites and 10 sites will be carried over from the first half.

Overall, the 31 sites in the second half of the Confirmed and Reserve Lists can generate 13,905 private residential units.

The number is the highest potential supply quantum from any half-yearly period since the Confirmed List and Reserve List system started in 2001.

Most of the sites in the second half are located in the suburban regions or in the city fringes.

A National Development Ministry statement says it is placing 18 sites on the Confirmed List in the second half of the GLS programme.

Together, these 18 sites can yield 8,135 residential units – the biggest supply of private housing from the Confirmed List since the Confirmed List/Reserve List system was introduced in 2001.

The 18 Confirmed List sites comprise 15 residential sites, including five executive condo sites, two commercial and residential sites and a white site.

Of these sites, 12 are new sites and six sites will be carried over from the first half.

The Reserve List in the second half will have another 13 sites, which can together yield 5,770 residential units.

The 13 Reserve List sites comprise 12 residential sites and one commercial & residential site, where
private residential units can potentially be built.

Of the 13 sites, nine are new sites and four sites will be carried over from the first half of the GLS programme.

However, the government says it will be removing the white site at Ophir Road/Rochor Road from its land sales programme.

The plot was made available for sale via the Reserve List in October 2008 and it is a strategic site earmarked as an extension of the commercial district.

Three new white sites will also be available in the second half of 2010.

These are plots at Choon Guan Street/Peck Seah Street, Paya Lebar Road/Eunos Road 8 and Boon Lay Way.

Source : Channel NewsAsia – 21 May 2010

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