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Government reduces supply of land for private housing as demand continues to slow

The Government has decided to reduce the supply of private residential units for the second half of 2019, as demand continues to fall, the Ministry of National Development (MND) announced on Thursday (Jun 6).

13 land sites, comprising 5 confirmed sites and 8 reserved sites, were released for sale on Thursday under the Government Land Sales (GLS) programme for the second half of 2019.

– 06 Jun 2019

Read Full Article at https://www.channelnewsasia.com/news/singapore/land-supply-less-private-homes-government-11600700

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