\nThe Confirmed List includes one executive condominium (EC) site at Tengah Garden Walk that can yield 615 units.
\nThe supply of private housing units from the Confirmed List sites under the Government Land Sales (GLS) Programme for the second half of 2020 has been reduced to take into account the uncertain business outlook and economic contraction brought about by the COVID-19 pandemic.\u00a0
\nThis time around, there will be three Confirmed List Sites and nine Reserved List Sites. In total, the sites can yield about 6,670 private residential units, 101,500 sqm gross floor area (GFA) of commercial space and 1,070 hotel rooms
\nMoreover, no new sites for predominantly hotel or commercial use will be introduced in the 2H 2020 GLS Programme, the Ministry of National Development (MND)\u00a0announced on Wednesday (24 June).
\nRecommended article:\u00a0Government Land Sales (GLS) Programme 101: The Secret Arsenal That You Didn\u2019t Know
\n\u201cHowever, we have to calibrate the reduction carefully to avoid potential supply shortfalls over the medium to longer-term,\u201d said the ministry.
\n\u201cHence, we have maintained a good selection of sites with additional supply in the Reserve List that developers can initiate for development if they assess that there is demand.\u201d
\nMND revealed that the three private residential sites under the Confirmed List can yield around 1,370 private homes, including one executive condominium (EC) site at Tengah Garden Walk that can yield 615 units.
\nMeanwhile, of the eight sites on the Reserve List, five are private residential sites, which includes one EC site. Including the 590 EC units, the total homes the sites can yield is around 5,300 private homes.\u00a0\u00a0
\nDesmond Sim, Head of Research for Southeast Asia at CBRE, said the two confirmed sites at Ang Mo Kio Avenue 1 and Northumberland Road offer developers options within mature housing estates.
\n\u201cOverall, the measured supply in the 2H 2020 GLS Programme is not surprising against the backdrop of the COVID-19 pandemic,\u201d said Sim.
\n\u201cThis is a degustation menu as the Confirmed List presents palatable sites with smaller units but with greater variety in terms of location. Should any developers\u2019 appetite for land be unsatiated, they can still order from the Reserve List,\u201d he added.
\nMND noted that the Confirmed List sites will be launched in Q4 2020. Each site will have a longer tender period of six months\u00a0to provide developers \u201cmore time to make their assessment in view of the ongoing COVID-19 situation\u201d.
\nHere are the Confirmed List and Reserved List sites according to MND:
\nConfirmed List<\/p>\n
S\/N
\nLocation
\nSite Area (ha)
\nProposed GPR
\nEstimated No. of Residential Units\u00a0(1)
\nEstimated No. of Hotel Rooms
\nEstimated Commercial Space (m2)
\nEstimated Launch Date
\nSales Agent<\/p>\n
Confirmed List<\/p>\n
Residential Sites<\/p>\n
1
\nNorthumberland Road\u00a0(2)(3)
\n0.83
\n4.2
\n385
\n0
\n1,500
\nOct 2020
\nURA<\/p>\n
2
\nAng Mo Kio Avenue 1\u00a0(2)
\n1.26
\n2.5
\n370
\n0
\n0
\nNov 2020
\nURA<\/p>\n
3
\nTengah Garden Walk (EC)\u00a0(2)
\n2.20
\n2.8
\n615
\n0
\n0
\nNov 2020
\nHDB<\/p>\n
\u00a0
\nTotal (Confirmed List)
\n1,370
\n0
\n1,500
\n\u00a0<\/p>\n
Reserved List:<\/p>\n
S\/N
\nLocation
\nSite Area (ha)
\nProposed GPR
\nEstimated No. of Residential Units\u00a0(1)
\nEstimated No. of Hotel Rooms
\nEstimated Commercial Space (m2)
\nEstimated Available Date\u00a0(8)
\nSales Agent<\/p>\n
Reserve List<\/p>\n
Residential Sites<\/p>\n
1
\nDairy Farm Walk
\n1.56
\n2.1
\n385
\n0
\n0
\nAvailable
\nURA<\/p>\n
2
\nDunman Road
\n2.52
\n3.5
\n1,035
\n0
\n0
\nAvailable
\nURA<\/p>\n
3
\nHillview Rise
\n1.03
\n2.8
\n335
\n0
\n0
\nAvailable
\nURA<\/p>\n
4
\nTampines Street 62 (EC)
\n2.37
\n2.5
\n590
\n0
\n0
\nAvailable
\nHDB<\/p>\n
5
\nLentor Central\u00a0(2)(4)
\n1.72
\n3.5
\n610
\n0
\n8,000
\nDec 2020
\nURA<\/p>\n