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Chief Editor June 17 2025

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Singapore Maintains Robust Private Housing Supply with 2H2025 GLS Programme

The Singapore Government has unveiled the Government Land Sales (GLS) Programme for the second half of 2025 (2H2025), reinforcing its commitment to maintain a high and steady level of private housing supply. This strategic initiative aims to ensure a stable and sustainable property market while meeting the diverse housing needs of the population.

Nearly 10,000 Private Homes to Be Launched in 2025

The 2H2025 Confirmed List will see the release of 4,725 private residential units, including 990 Executive Condominium (EC) units from two sites. Combined with the 1H2025 figures, the total supply on the Confirmed List for 2025 will amount to nearly 10,000 units, marking one of the highest annual supply levels in recent years. Notably, the EC supply in 2025 will hit 2,000 units, the highest since 2014.

With sites spread islandwide, the programme offers a variety of residential options catering to a range of buyer preferences, from private condominiums to ECs designed for the "sandwiched class."

Expanded Pipeline to Support Medium-Term Housing Needs

Together with units from the Reserve List and sites pending planning approval, the total pipeline of private residential units – including ECs – now stands at approximately 56,700 units. This healthy inventory is expected to meet medium-term demand for both owner-occupiers and renters, helping to moderate property price momentum, which has already slowed to 3.9% in 2024, down from 8.6% in 2022.

In 1Q2025, private home prices rose by just 0.8%, a further sign of market stabilisation.

Details of the GLS Programme

The 2H2025 GLS Programme comprises 22 sites – 10 on the Confirmed List and 12 on the Reserve List – which can collectively yield:

  • 9,200 private residential units

  • 178,315 sqm of commercial space

  • 880 hotel rooms

Of the 10 Confirmed List sites, most are located in residential hubs such as Bukit Timah, Bedok, Woodlands, Dairy Farm, and Lentor. Sites at Dover Road and Dunearn Road include a commercial component, adding 4,515 sqm GFA of commercial space to enhance liveability and convenience for residents.

Strategic Reserve List for Market Responsiveness

The Reserve List, comprising six private residential sites, one commercial site, three White sites, and two hotel sites, provides flexibility. Developers can trigger these sites for sale when they assess sufficient demand, enabling supply to better align with market needs.

Key highlights include:

  • Marina Gardens Lane and Holland Plain, offering high-end and centrally located living.

  • Jurong Lake District and Woodlands Avenue 2 White sites, supporting decentralised commercial growth.

  • Media Circle parcels and Cross Street, designated for long-stay serviced apartments, contributing to the rental housing ecosystem.

Boosting Office and Retail Space

Three commercial and mixed-use sites – Jurong Lake District, Woodlands Avenue 2, and Punggol Walk – will be carried over from 1H2025 to the 2H2025 Reserve List. These sites are positioned to support future office and retail demand in emerging regional centres.

Adding Hotel Capacity for Future Tourism Growth

To support the hospitality sector, the 2H2025 Reserve List introduces a new hotel site at Telok Ayer Street, designated for mixed-use with hotel rooms, serviced apartments, and retail space. Together with the River Valley Road hotel site, the two parcels can deliver up to 880 hotel rooms, enhancing accommodation supply in prime areas.

Sites Closer to Nature

The Ministry of National Development (MND) will also release a private residential site of up to 500 units near Dairy Farm Nature Park and an Executive Condominium (EC) site of up to 430 units at Miltonia Close, which overlooks a golf course and the Lower Seletar Reservoir. These upcoming developments are likely to appeal to homebuyers seeking a more nature-centric living environment.

Smaller, More Manageable Sites Likely to Attract Developer Interest

A key draw of the latest 2H2025 Confirmed List is not just its variety of attractive locations, but the fact that most sites are relatively modest in size, making them more financially manageable for developers. Unlike previous tenders featuring mega sites capable of up to 1,000 units, the current slate avoids such large-scale commitments.

In fact, six out of the ten plots are expected to yield not more than 500 units each—making them more accessible to a wider pool of developers.

The largest site of approximate 1.35 hectare, located along Dover Road, could produce up to 625 units. Its appeal is further enhanced by its proximity to the one-north MRT station and a cluster of reputable schools, including Fairfield Methodist School (Primary), Anglo-Chinese Junior College, and tertiary institutions like INSEAD and Singapore Institute of Technology @ Dover.

This strategic mix of well-located, mid-sized parcels is designed to encourage robust developer participation in state tenders. 

Government’s Commitment to a Balanced Market

The sustained supply under the GLS Programme is a deliberate policy response to Singapore’s evolving housing, commercial, and hospitality needs. By maintaining a robust pipeline of private housing and providing land for flexible use, the Government aims to keep the property market resilient and responsive to demographic and economic trends.

Authorities have reaffirmed their readiness to adjust land supply as needed, based on close monitoring of market dynamics, to support national objectives of affordability, inclusivity, and economic vibrancy.