The Government Land Sales (GLS) Programme for the first half of 2020 was announced by the Ministry of National Development (MND) on 3 December 2019. There will be three sites on the Confirmed List and eight on the Reserve List, yielding a total of 6,490 private residential units (including 600 executive condominium or EC units), 114,000 square metres (sq m) gross floor area (GFA) of commercial space and 1,070 hotel rooms.
Two of the confirmed sites are for residential use with one for executive condominium (EC), and one mixed-use site which can yield about 1,775 private residential units and 22,000 sq m GFA of commercial space.
The private residential sites are located at Yishun Avenue 9 (EC site) and Tanah Merah Kechil Link; while the commercial and residential site is located at Jalan Anak Bukit.
MND stated that the number of confirmed sites released in H1 2020 is in line with the government’s intention to keep the supply of private residential units steady.
The supply works out to be higher compared to the 6,430 housing units in the H2 2019 GLS Programme. Commercial space also sees an increase from the 92,000 sq m GFA previously. The exception is in the supply of hotel rooms which saw a slight decrease from 1,100 rooms in H2 2019.
The sites on the reserve list include four private residential sites (one EC site), three white sites and one hotel site. These were carried over from the H2 2019 reserve list, and will yield around 4,715 private residential units (including 595 EC units), 92,000 sq m GFA of commercial space and 1,070 hotel rooms.
The four private residential sites are located at Dairy Farm Walk, Dunman Road, Hillview Rise and Tampines Street 62 (EC site). The three white sites are at Marina View, Woodlands Avenue 2 and Kampong Bugis. The hotel site is located at River Valley Road.