{"id":59340,"date":"2017-06-30T09:38:43","date_gmt":"2017-06-30T02:38:43","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/ramped-up-land-supply-may-not-be-enough-for-developers-analysts\/"},"modified":"2017-06-30T09:44:52","modified_gmt":"2017-06-30T02:44:52","slug":"ramped-up-land-supply-may-not-be-enough-for-developers-analysts","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/ramped-up-land-supply-may-not-be-enough-for-developers-analysts\/","title":{"rendered":"Ramped up land supply may not be enough for developers, analysts"},"content":{"rendered":"


\n\u00a0
\nAnalysts believe the ramped up supply of development sites under the Government Land Sales (GLS) programme for H2 2017 is insufficient to meet the developers\u2019 demand for sites given the declining stock of unsold private homes.
\nAnnounced yesterday, the H2 2017 GLS Programme comprise six sites on the confirmed list and 10 reserve list sites.
\nFour of the confirmed list sites are for residential \u2013 including one executive condominium site \u2013 while two are mixed use sites. They could yield 2,840 private homes units as well as 26,800 sq m gross floor area (GFA) of commercial space.
\nThe reserve list, on the other hand, has nine private residential sites and one commercial. The sites can accommodate 5,285 units of private homes and 56,790 sq m GFA of commercial space, mainly for office use.
\nDescribing the allocation as \u201cmeasured\u201d and \u201cconservative\u201d, market analysts said the sites released by the government may not be enough to satisfy developers, reported The Straits Times.
\n\u201cGiven the demand crunch for residential sites, developers could be steered towards triggering sites on the reserve list as well as sourcing from the collective sales market,\u201d said JLL national director for research and consultancy Ong Teck Hui.
\nPlum sites on the confirmed list, such as Sengkang Central, Holland Road and Handy Road, are expected to witness bullish bidding and stiff competition.
\nThe Cuscaden Road and Jiak Kim Street Forth Avenue sites on the reserve list are also expected to interest developers given their prime locations.
\n\u201cThese offer very palatable quantums and are expected to set new benchmarks,\u201d said CBRE research head for Singapore and South-east Asia Desmond Sim.
\n\u00a0
\nThis article was edited by Denise Djong.
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…Ramped up land supply may not be enough for developers, analysts<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

\u00a0 Analysts believe the ramped up supply of development sites under the Government Land Sales...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-59340","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-fr6","jetpack-related-posts":[{"id":74514,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/govt-unveils-land-sales-programme-for-h1-2018\/","url_meta":{"origin":59340,"position":0},"title":"Govt unveils land sales programme for H1 2018","date":"December 14, 2017","format":false,"excerpt":"\r Six confirmed list and nine reserve list sites will be launched under the H1 2018 Government Land Sales (GLS) programme, announced the Urban Redevelopment Authority (URA) on Wednesday (13 December). These land parcels could potentially yield approximately 8,045 private homes and 63,960 sq m in gross floor area (GFA)\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":74508,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/govt-unveils-gls-programme-for-1h-2018\/","url_meta":{"origin":59340,"position":1},"title":"Gov\u2019t unveils GLS Programme for 1H 2018","date":"December 14, 2017","format":false,"excerpt":"\r Six confirmed list sites and nine reserve list plots will be launched under the 1H 2018 Government Land Sales (GLS) Programme, announced the Urban Redevelopment Authority on Wednesday (13 December 2017). These land parcels can potentially yield a total of around 8,045 private dwellings and 63,960 sq m in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":38280,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/5-confirmed-list-sites-to-launch-in-1h-2017-could-yield-2330-units\/","url_meta":{"origin":59340,"position":2},"title":"5 confirmed list sites to launch in 1H 2017, could yield 2,330 units","date":"December 16, 2016","format":false,"excerpt":"\r The government will look to ensure there is a steady supply of new homes to meet the needs of Singaporeans. The Ministry of National Development (MND) announced on Friday (16 December) that there will be five confirmed list sites and 10 on the reserve list in the first half\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":107851,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/government-moves-to-reduce-supply-of-private-homes-on-confirmed-list\/","url_meta":{"origin":59340,"position":3},"title":"Government moves to reduce supply of private homes on confirmed list","date":"June 6, 2019","format":false,"excerpt":"\r This comes as property demand has fallen since the 2018 cooling measures.\u00a0 The government has moved to lessen the supply of private residential housing from confirmed sites covered by the government land sales (GLS) programme for 2019\u2019s second half, reported The Straits Times. This is believed to be caused\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":108520,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/ura-launches-3-residential-sites-under-1h2019-gls-programme\/","url_meta":{"origin":59340,"position":4},"title":"URA launches 3 residential sites under 1H2019 GLS Programme","date":"June 28, 2019","format":false,"excerpt":"\r The Urban Redevelopment Authority (URA) on Thursday (27 June) released two housing sites and one residential with commercial at first storey site for sale under the first half 2019 Government Land Sales (GLS) Programme. Together, the three sites are expected to yield around 1,545 residential units. Launched for sale\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":112892,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/government-releases-gls-residential-sites-for-1h-2020\/","url_meta":{"origin":59340,"position":5},"title":"Government releases GLS residential sites for 1H 2020","date":"December 5, 2019","format":false,"excerpt":"\r The Ministry of National Development (MND) announced on 3 December it will release three confirmed\u00a0sites for private residential developments in the 1H 2020 Government Land Sales (GLS) programme. The 1H 2020 sites will yield a combined 1,775 units. While the number of sites and units released\u00a0is lower\u00a0than the\u00a0five confirmed\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/59340"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=59340"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/59340\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=59340"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=59340"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=59340"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}