# Release of First Half 2019 Government Land Sales (GLS) Programme - **Source:** Ministry of National Development - **Published:** 2018-12-06T00:30:00.000Z - **Author:** Ministry of National Development - **Original:** https://www.mnd.gov.sg/newsroom/press-releases/view/release-of-first-half-2019-government-land-sales-(gls)-programme - **Topics:** Private Residential, Government & Policy, Transactions & Deals ## Featured rationale The moderated supply reflects softer transactions and developer land demand, potentially limiting further inventory growth while the existing 45,000-unit pipeline is absorbed. ## AI summary The 1H2019 GLS Programme offered sites yielding about 6,475 private homes, with Confirmed List supply reduced to 2,025 units amid moderating demand and substantial inventory. ## Original article Release of First Half 2019 Government Land Sales (GLS) Programme 1. The Government today announced the first half 2019 (1H2019) Government Land Sales (GLS) Programme, which comprises five Confirmed List sites and nine Reserve List sites. These sites can yield about 6,475 private residential units, 86,000 sqm gross floor area (GFA) of commercial space and 1,115 hotel rooms (see Appendices 1 & 2). 2. The five Confirmed List sites are private residential sites [including one Executive Condominium (EC) site] which can yield about 2,025 private residential units (including 385 EC units) and 4,000 sqm GFA of complementary commercial space. 3. The Reserve List comprises six private residential sites (including one EC site), two White sites and one hotel site. These sites can yield about 4,450 private residential units (including 525 EC units), 82,000 sqm GFA of commercial space and 1,115 hotel rooms. Supply of Private Housing 4. The supply of private housing units in the pipeline has grown significantly and is currently at 45,000 units. This comprises around 31,000 unsold units from GLS and en-bloc sale sites with planning approval, and an additional 14,000 units1 from sites that are pending planning approval. In addition, there are around 28,000 existing private housing units that remain vacant. 5. In contrast, demand has started to moderate. Following the introduction of the property market cooling measures in July, overall transaction volumes have declined, while developers’ demand for land has also moderated. 6. Given these factors, the Government has decided to moderate the total supply of private residential units for the 1H2019 GLS Programme2. Together with the supply in the pipeline, this will sufficiently cater to the housing needs of our population. 7. The Government will continue to monitor the property market closely and adjust the supply from future GLS Programmes, as necessary. Supply of Commercial Space 8. The 1H2019 Reserve List will have one White site at Woodlands Avenue 2 for a mixed-use development. This will help to sustain the development momentum of Woodlands Regional Centre as a major commercial node outside the city, in line with the Government’s objective of bringing job opportunities closer to homes. Supply of Hotel Rooms 9. A new hotel site at Sims Avenue will be added to the 1H2019 Reserve List. Together with the existing White site at Marina View carried over on the Reserve List from the 2H2018 GLS Programme, there will be ample opportunities for developers to initiate additional supply of hotel rooms over and above the current pipeline supply. 1 These are from awarded GLS and en-bloc sale sites, as well as Confirmed List GLS sites that have not been awarded yet, as at 3Q2018. 2 A total of 8,040 private residential units were made available via the 2H2018 GLS programme, comprising 2,705 units from the Confirmed List and 5,335 units from the Reserve List. Appendix 1 S/N Location Site Area (ha) Proposed GPR Estimated No. of DUs (1) Estimated No. of Hotel Rooms Estimated Commercial Space (m2) Estimated Launch Date Sales Agent Confirmed List Residential Sites 1 Clementi Avenue 1 (2) 1.65 3.5 640 0 0 Feb-19 URA 2 Tan Quee Lan Street (3) 1.15 4.2 580 0 2,000 Mar-19 URA 3 one-north Gateway (4) 0.58 2.5 170 0 0 Mar-19 URA 4 Bernam Street (3)(4) 0.39 5.6 250 0 2,000 May-19 URA 5 Canberra Link (EC) (4) 1.67 2.3 385 0 0 May-19 HDB Total (Confirmed List) 2,025 0 4,000 S/N Location Site Area (ha) Proposed GPR Estimated No. of DUs (1) Estimated No. of Hotel Rooms Estimated Commercial Space (m2) Estimated Available Date (7) Sales Agent Reserve List Residential Sites 1 Bartley Road / Jalan Bunga Rampai (5) 0.47 2.1 115 0 0 Available URA 2 Canberra Drive 4.09 1.4 675 0 0 Available URA 3 Dairy Farm Walk 1.57 2.1 390 0 0 Available URA 4 Fernvale Lane (EC) (4) 1.87 2.8 525 0 0 Jun-19 HDB 5 Dunman Road (4) 2.60 3.5 1,070 0 0 Jun-19 URA 6 Hillview Rise (4) 1.00 2.8 330 0 0 Jun-19 URA White Sites 7 Marina View (3) 0.78 13.0 905 540 2,000 Available URA 8 Woodlands Avenue 2 (6) 2.75 4.2 440 0 78,000 Dec-18 URA Hotel Sites 9 Sims Avenue (3)(4) 0.46 4.2 0 575 2,000 May-19 URA Total (Reserve List) 4,450 1,115 82,000 Total (Confirmed List and Reserve List) 6,475 1,115 86,000 (1) The estimated number of dwelling units for Executive Condominium sites and sites in Central Area take into account the average unit sizes of recent comparable developments. The Development Control guidelines issued on 17 Oct 2018 for the maximum allowable number of dwelling units are used to estimate the yield of non-landed residential units for sites in Outside Central Area. The estimated number of dwelling units for some sites are also adjusted based on revised site areas. (2) Site is imposed with a DU cap of 640 units (3) Sites are each imposed with a retail cap of 2,000 sqm GFA (4) New sites introduced in 1H2019 (5) Site is imposed with a DU cap of 116 units (6) Site is imposed with a retail cap of 33,000 sqm GFA and a minimum office quantum of 45,000 sqm GFA (7) Refers to estimated date the detailed conditions of sale will be available and applications can be submitted. (1) The estimated number of dwelling units for Executive Condominium sites and sites in Central Area take into account the average unit sizes of recent comparable developments. The Development Control guidelines issued on 17 Oct 2018 for the maximum allowable number of dwelling units are used to estimate the yield of non-landed residential units for sites in Outside Central Area. The estimated number of dwelling units for some sites are also adjusted based on revised site areas. (2) Site is imposed with a DU cap of 640 units (3) Sites are each imposed with a retail cap of 2,000 sqm GFA (4) New sites introduced in 1H2019 (5) Site is imposed with a DU cap of 116 units (6) Site is imposed with a retail cap of 33,000 sqm GFA and a minimum office quantum of 45,000 sqm GFA (7) Refers to estimated date the detailed conditions of sale will be available and applications can be submitted. Appendix 2 Status of the GLS Programme for the Second Half of 2018 (2H2018) (as at 6 December 2018) 1. The second half of 2018 (2H2018) GLS Programme comprised 15 sites, of which six are on the Confirmed List and nine are on the Reserve List. 2. To date, all the six Confirmed List sites have been launched for tender and the tenders will close by end March 2019. 3. The Reserve List site at Anchorvale Crescent (Executive Condominium) had been triggered for sale and was sold on 27 September 2018. The Reserve List site at Yishun Avenue 9 will be removed from 2H2018 Reserve List to facilitate a review of development plans in the area. 4. As a result, a total of five residential sites and two White sites remain on the 2H2018 Reserve List and will be carried over to the first half 2019 (1H2019) GLS Programme. ## Chinese translation > Translation model: grok_cli ### 公布2019年上半年政府售地（GLS）计划 公布2019年上半年政府售地（GLS）计划 1. 政府今日公布2019年上半年（1H2019）政府售地（GLS）计划，包括五个确认名单地段及九个储备名单地段。这些地段可供应约6,475个私人住宅单位、86,000平方米建筑楼面面积（GFA）的商业空间及1,115间酒店客房（见附录1及2）。 2. 五个确认名单地段均为私人住宅地段［包括一个执行共管公寓（EC）地段］，可供应约2,025个私人住宅单位（包括385个EC单位）及4,000平方米GFA的配套商业空间。 3. 储备名单包括六个私人住宅地段（包括一个EC地段）、两个白色地段及一个酒店地段。这些地段可供应约4,450个私人住宅单位（包括525个EC单位）、82,000平方米GFA的商业空间及1,115间酒店客房。 私人住宅供应 4. 在建及待建的私人住宅单位供应已显著增加，目前达45,000个单位。其中包括来自已获规划批准的GLS及集体出售地段的约31,000个未售单位，以及来自尚待规划批准地段的额外14,000个单位1。此外，约有28,000个现有私人住宅单位仍然空置。 5. 相比之下，需求已开始放缓。自7月推出房地产市场降温措施后，整体交易量下降，发展商对土地的需求亦有所缓和。 6. 鉴于这些因素，政府决定适度调低1H2019 GLS计划2的私人住宅单位总供应量。连同在建及待建供应，这将足以满足我国人口的住房需求。 7. 政府将继续密切监测房地产市场，并在必要时调整未来GLS计划的供应。 商业空间供应 8. 1H2019储备名单将包括位于兀兰大道2（Woodlands Avenue 2）的一个白色地段，供混合用途发展。这将有助于维持兀兰区域中心作为市区以外主要商业节点的发展势头，符合政府把就业机会带到住家附近的目标。 酒店客房供应 9. 位于沈氏大道（Sims Avenue）的一个新酒店地段将加入1H2019储备名单。连同从2H2018 GLS计划储备名单结转的滨海景（Marina View）现有白色地段，发展商将有充足机会在现有在建供应之外主动增加酒店客房供应。 1 这些来自已中标的GLS及集体出售地段，以及截至2018年第三季尚未中标的确认名单GLS地段。 2 2H2018 GLS计划共提供8,040个私人住宅单位，其中确认名单2,705个单位，储备名单5,335个单位。 附录1 序号 地点 地段面积（公顷） 拟定总容积率（GPR） 估计住宅单位数（1） 估计酒店客房数 估计商业空间（平方米） 估计推出日期 销售代理 确认名单 住宅地段 1 金文泰大道1（Clementi Avenue 1）（2） 1.65 3.5 640 0 0 2019年2月 市区重建局（URA） 2 陈桂兰街（Tan Quee Lan Street）（3） 1.15 4.2 580 0 2,000 2019年3月 URA 3 one-north Gateway（4） 0.58 2.5 170 0 0 2019年3月 URA 4 伯南街（Bernam Street）（3）（4） 0.39 5.6 250 0 2,000 2019年5月 URA 5 坎贝拉连路（Canberra Link）（EC）（4） 1.67 2.3 385 0 0 2019年5月 建屋发展局（HDB） 合计（确认名单） 2,025 0 4,000 序号 地点 地段面积（公顷） 拟定总容积率（GPR） 估计住宅单位数（1） 估计酒店客房数 估计商业空间（平方米） 估计可供申请日期（7） 销售代理 储备名单 住宅地段 1 巴特礼路／惹兰文加兰拜（Bartley Road / Jalan Bunga Rampai）（5） 0.47 2.1 115 0 0 可供申请 URA 2 坎贝拉路（Canberra Drive） 4.09 1.4 675 0 0 可供申请 URA 3 戴利农场径（Dairy Farm Walk） 1.57 2.1 390 0 0 可供申请 URA 4 芬维巷（Fernvale Lane）（EC）（4） 1.87 2.8 525 0 0 2019年6月 HDB 5 丹曼路（Dunman Road）（4） 2.60 3.5 1,070 0 0 2019年6月 URA 6 山景坡（Hillview Rise）（4） 1.00 2.8 330 0 0 2019年6月 URA 白色地段 7 滨海景（Marina View）（3） 0.78 13.0 905 540 2,000 可供申请 URA 8 兀兰大道2（Woodlands Avenue 2）（6） 2.75 4.2 440 0 78,000 2018年12月 URA 酒店地段 9 沈氏大道（Sims Avenue）（3）（4） 0.46 4.2 0 575 2,000 2019年5月 URA 合计（储备名单） 4,450 1,115 82,000 合计（确认名单及储备名单） 6,475 1,115 86,000 （1）执行共管公寓地段及中央区地段的估计住宅单位数已参考近期可比发展项目的平均单位面积。中央区以外地段的非有地住宅单位产量，则采用2018年10月17日发布的发展管制准则中有关住宅单位最高允许数目的规定进行估算。部分地段的估计住宅单位数亦已根据修订后的地段面积作出调整。 （2）该地段设有640个住宅单位上限 （3）各地段分别设有2,000平方米GFA的零售上限 （4）1H2019新引入地段 （5）该地段设有116个住宅单位上限 （6）该地段设有33,000平方米GFA的零售上限，以及最少45,000平方米GFA的办公楼配额 （7）指详细售地条件预计可供查阅及可提交申请的日期。 （1）执行共管公寓地段及中央区地段的估计住宅单位数已参考近期可比发展项目的平均单位面积。中央区以外地段的非有地住宅单位产量，则采用2018年10月17日发布的发展管制准则中有关住宅单位最高允许数目的规定进行估算。部分地段的估计住宅单位数亦已根据修订后的地段面积作出调整。 （2）该地段设有640个住宅单位上限 （3）各地段分别设有2,000平方米GFA的零售上限 （4）1H2019新引入地段 （5）该地段设有116个住宅单位上限 （6）该地段设有33,000平方米GFA的零售上限，以及最少45,000平方米GFA的办公楼配额 （7）指详细售地条件预计可供查阅及可提交申请的日期。 附录2 2018年下半年（2H2018）GLS计划进展情况 （截至2018年12月6日） 1. 2018年下半年（2H2018）GLS计划共有15个地段，其中六个在确认名单，九个在储备名单。 2. 迄今为止，全部六个确认名单地段均已推出招标，标书将于2019年3月底前截止。 3. 位于安谷弯（Anchorvale Crescent）的储备名单地段（执行共管公寓）已触发出售，并于2018年9月27日售出。位于义顺大道9（Yishun Avenue 9）的储备名单地段将从2H2018储备名单中移除，以便检讨该地区的发展计划。 4. 因此，2H2018储备名单上仍剩五个住宅地段及两个白色地段，并将结转至2019年上半年（1H2019）GLS计划。