Riding on the wave of renewed optimism in the property market, the Government has planned for six land parcels to be launched for sale in the second-half of this year under the Confirmed List of the Government Land Sales (GLS) Programme. Of which, four out of the six land parcels are designated for private residential use, including an executive condominium (EC) site, while the remaining two plots of land are designated as a “white” site at Pasir Ris Central and a hotel site – a notable first in years. On the Reserve List, there were another nine sites, which comprises seven private residential sites – including one EC site and two “white sites”. The Urban Redevelopment Authority (URA) expects that the sites under the Confirmed List and Reserve List to yield up to 8,040 private residential units, 124,200 sqm gross floor area (GFA) of commercial space and 930 hotel rooms. Taking into account the recent en bloc sales fever, the number of sites released for H2 2018 parallels that in H1 2018, to ensure that the market avoids the sticky situation of a supply overhang. Altogether, the total supply in the horizon will be able to sustain growing homebuyers demand and meet the population’s housing needs. At present, only three of the Confirmed List sites from the GLS programme in H1 2018 have been sold. Two Reserve List sites at Woodlands Square and Peck Seah Street will be removed from H1 2018 Reserve List to allow for a review of the development plans for the area.