Singapore GLS programme to offer 8,505 units in H1 2025
These units will come from 10 sites on the confirmed list.
According to PropNex, the Singapore government has kept up with efforts in boosting private housing land supply in the first half of 2025 (1H 2025) by offering 8,505 units on its upcoming Government Land Sales (GLS) programme under the Confirmed List and Reserve List.
For the 1H 2025 GLS Confirmed List, it will offer 10 sites, comprising nine residential sites (including three executive condo (EC) plots), and one residential cum commercial site. All in, the 10 Confirmed List sites can yield an estimated 5,030 residential units (including 980 EC units) – relatively on par with the 5,050 units offered in the Confirmed List of the 2H 2024 GLS programme.
Here’s more from PropNex:
In view of the stiff competition for EC sites among developers and rising EC land prices, PropNex notes that the government has ramped up the supply of executive condo (EC) sites, with three such plots – potentially yielding 980 EC units - parked under the Confirmed List in 1H 2025. This is a shift from previous GLS programmes since 2019, where only one EC site was offered in each of the half-yearly land sales programme.
The last time that three EC plots were launched for sale in a single GLS programme was in 2H 2014, where EC sites in Sembawang Road/Canberra Link, Anchorvale Crescent, and Woodlands Avenue 12 had been placed for tender. In addition, in 1H 2014, the HDB launched four EC sites (two in Yishun, one each in Sembawang and Choa Chu Kang) for sale via the GLS.
Meanwhile, the government has placed another nine sites on the Reserve List of the 1H 2025 GLS slate which can be triggered for sale by developers should there be market demand for them. The Reserve List comprises four residential plots, one commercial site, three white sites, and a hotel site; they can collectively offer 3,475 residential units, 199,900 sq m gross floor area of commercial space, and 530 hotel rooms.
There are seven brand-new sites introduced to the GLS in 1H 2025, with all of them under the Confirmed List. The newly added plots are: Lakeside Drive; Dunearn Road; Chuan Grove; Sembawang Road (EC); Dorset Road; Telok Blangah Road; and Hougang Central. In particular, the Dunearn Road site is located in the new housing precinct in Bukit Timah Turf City, while the Telok Blangah plot is situated in the former Keppel Golf Course site.
Also on the Confirmed List, is the residential plot in Upper Thomson Road (Parcel A) which saw no bids when its tender closed in June this year. Previously, the plot was to offer a mix of residential units and long-stay serviced apartments. Of note, the URA has provided more flexibility this time; it said that serviced apartment/long-stay serviced apartment use will not be mandated for the site but can be allowed subject to approval from technical agencies.
Several sites for which tender bids were rejected by the URA for being too low earlier this year have been listed on the Reserve List - they are the Jurong Lake District master developer site, and plots in Media Circle (for long-stay serviced apartment use) and Marina Gardens Crescent.