# Release of First Half 2020 Government Land Sales (GLS) Programme - **Source:** Ministry of National Development - **Published:** 2019-12-03T00:30:00.000Z - **Author:** Ministry of National Development - **Original:** https://www.mnd.gov.sg/newsroom/press-releases/view/release-of-first-half-2020-government-land-sales-(gls)-programme - **Topics:** Private Residential, Government & Policy, Transactions & Deals ## Featured rationale Maintaining confirmed supply amid a 39,000-unit pipeline and modest transactions signals a measured stance that may limit near-term oversupply while preserving future housing availability. ## AI summary The 1H2020 GLS Programme offered sites yielding about 6,490 private homes, including 1,775 Confirmed List units, broadly matching 2H2019's confirmed supply. ## Original article Release of First Half 2020 Government Land Sales (GLS) Programme 1. The Government today announced the first half 2020 (1H2020) Government Land Sales (GLS) Programme, which comprises three Confirmed List sites and eight Reserve List sites. These sites can yield about 6,490 private residential units, 114,000 sqm gross floor area (GFA) of commercial space and 1,070 hotel rooms (see Appendix 1 & Appendix 2). 2. The Confirmed List comprises two private residential sites [including one Executive Condominium (EC) site] and one commercial & residential site which can yield about 1,775 private residential units (including 600 EC units) and 22,000 sqm GFA of commercial space. 3. The Reserve List comprises four private residential sites (including one EC site), three White sites and one hotel site. These sites can yield about 4,715 private residential units (including 595 EC units), 92,000 sqm GFA of commercial space and 1,070 hotel rooms. Supply of Private Housing 4. The supply of private housing units in the pipeline remains high, at around 39,000 units currently, even though it has declined progressively over the past few quarters[1]. This pipeline supply comprises around 34,000 unsold units from GLS and en-bloc sale sites with planning approval, and an additional 5,000 units from sites that are pending planning approval[2]. 5. While the demand for private housing units has increased in the past two quarters, the overall transaction volume has remained modest relative to the period leading up to the introduction of the property market cooling measures in July 2018. Meanwhile, developers’ demand for residential land remains moderate and there continues to be bidding interest for GLS tenders. 6. To continue to cater to the housing needs of the population, the Government has decided to keep the supply of private residential units on the Confirmed List for the 1H2020 GLS Programme broadly similar to that for the 2H2019 GLS Programme[3]. The Government will continue to monitor the property market closely and adjust the supply for future GLS Programmes, as necessary. Supply of Commercial Space 7. The 22,000 sqm GFA of commercial space on the Confirmed List is mainly from the predominantly residential site at Jalan Anak Bukit with an integrated bus interchange, and will provide amenities for commuters and residents in the area. 8. The 1H2020 Reserve List includes a White site at Woodlands Avenue 2 for a mixed-use development, which is carried over from the 2H2019 Reserve List. 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 decentralising employment centres to bring job opportunities closer to homes. Supply of Hotel Rooms 9. The 1H2020 Reserve List includes two sites at Marina View and River Valley Road, which are carried over from the 2H2019 Reserve List. These sites will provide ample opportunities for developers to initiate additional supply of hotel rooms over and above the current pipeline supply. [1] There was a supply of around 45,000 private housing units in the pipeline as at end-2018. [2] 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 3Q2019. [3] 1,715 private residential units were made available via the Confirmed List of the 2H2019 GLS Programme. Appendix 1 ------------ PROPOSED RESIDENTIAL, COMMERCIAL AND HOTEL SITES FOR 1H2020 GLS PROGRAMME S/N Location Site Area (ha) Proposed GPR Estimated No. of Residential Units (1) Estimated No. of Hotel Rooms (1) Estimated Commercial Space (m2) Estimated Launch Date Sales Agent Confirmed List Residential Sites 1 Yishun Avenue 9 (EC) (2) 2.15 2.8 600 0 0 Apr 2020 HDB 2 Tanah Merah Kechil Link (2)(3) 1.01 2.8 310 0 2,000 May 2020 URA Commercial & Residential Sites 3 Jalan Anak Bukit (2)(4) 3.29 3.0 865 0 20,000 Jun 2020 URA Total (Confirmed List) 1,775 0 22,000 S/N Location Site Area (ha) Proposed GPR Estimated No. of Residential Units (1) Estimated No. of Hotel Rooms (1) Estimated Commercial Space (m2) Estimated Available Date (7) Sales Agent Reserve List Residential Sites 1 Dairy Farm Walk 1.57 2.1 390 0 0 Available URA 2 Dunman Road 2.52 3.5 1,040 0 0 Available URA 3 Hillview Rise 1.04 2.8 345 0 0 Available URA 4 Tampines Street 62 (EC) 2.38 2.5 595 0 0 Dec 2019 HDB White Sites 5 Marina View (3) 0.78 13.0 905 540 2,000 Available URA 6 Woodlands Avenue 2 (5) 2.75 4.2 440 0 78,000 Available URA 7 Kampong Bugis (6) 8.29 - 1,000 0 10,000 Dec 2019 URA Hotel Sites 8 River Valley Road (3) 1.02 2.8 0 530 2,000 Dec 2019 URA Total (Reserve List) 4,715 1,070 92,000 Total (Confirmed List and Reserve List) 6,490 1,070 114,000 (1) The estimated number of residential 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 residential units are used to estimate the yield of residential units for sites in Outside Central Area. The estimated number of hotel rooms for some sites have been adjusted based on revised site areas. (2) New sites introduced in 1H2020. (3) Sites are imposed with a retail cap of 2,000 sqm GFA. (4) A mixed-use development with integrated bus interchange (estimated 5,000 sqm GFA) and retail cap of 7,500 sqm GFA. (5) Site is imposed with a retail cap of 33,000 sqm GFA and a minimum office quantum of 45,000 sqm GFA. (6) This is a Master Developer site with a total GFA of 390,000 sqm to be completed in phases over an estimated 11 to 13 years. The residential units for the site will be capped at 4,000 units and the non-residential GFA is capped at 50,000 sqm (including a retail cap of 10,000 sqm GFA). The estimation of 1,000 residential units and 10,000 sqm GFA of commercial space is based on the respective quanta expected to kick-start Phase 1 of the development and build up critical mass for this car-lite precinct. (7) Refers to estimated date the detailed conditions of sale will be available and applications can be submitted. (1) The estimated number of residential 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 residential units are used to estimate the yield of residential units for sites in Outside Central Area. The estimated number of hotel rooms for some sites have been adjusted based on revised site areas. (2) New sites introduced in 1H2020. (3) Sites are imposed with a retail cap of 2,000 sqm GFA. (4) A mixed-use development with integrated bus interchange (estimated 5,000 sqm GFA) and retail cap of 7,500 sqm GFA. (5) Site is imposed with a retail cap of 33,000 sqm GFA and a minimum office quantum of 45,000 sqm GFA. (6) This is a Master Developer site with a total GFA of 390,000 sqm to be completed in phases over an estimated 11 to 13 years. The residential units for the site will be capped at 4,000 units and the non-residential GFA is capped at 50,000 sqm (including a retail cap of 10,000 sqm GFA). The estimation of 1,000 residential units and 10,000 sqm GFA of commercial space is based on the respective quanta expected to kick-start Phase 1 of the development and build up critical mass for this car-lite precinct. (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 2019 (2H2019) (as at 3 December 2019) 1. The second half of 2019 (2H2019) GLS Programme comprised 13 sites, of which five are on the Confirmed List and eight are on the Reserve List. 2. To date, four of the five Confirmed List sites have been launched for tender and the remaining Confirmed List site will be launched for tender in the later part of December 2019. The tenders for the five Confirmed List sites will close progressively from January to March 2020. 3. A total of four residential sites, three White sites and one hotel site remain on the 2H2019 Reserve List, and will be carried over to the first half 2020 (1H2020) GLS Programme1. [1] These include one residential site, one White site and one hotel site which will be made available for application on the Reserve List in the later part of December 2019. ## Chinese translation > Translation model: grok_cli ### 公布2020年上半年政府土地售卖（GLS）计划 公布2020年上半年政府土地售卖（GLS）计划 1. 政府今日公布2020年上半年（1H2020）政府土地售卖（GLS）计划，包括三幅确认名单地段及八幅储备名单地段。这些地段可提供约6,490个私人住宅单位、114,000平方米商业空间总楼面面积（GFA），以及1,070间酒店客房（见附录1及附录2）。 2. 确认名单包括两幅私人住宅地段[其中一幅为执行共管公寓（EC）地段]及一幅商业与住宅地段，可提供约1,775个私人住宅单位（包括600个EC单位）及22,000平方米商业空间GFA。 3. 储备名单包括四幅私人住宅地段（其中一幅为EC地段）、三幅白色地段及一幅酒店地段。这些地段可提供约4,715个私人住宅单位（包括595个EC单位）、92,000平方米商业空间GFA及1,070间酒店客房。 私人住宅供应 4. 在建及待售的私人住宅单位供应量仍然偏高，目前约为39,000个单位，尽管过去几个季度已逐步下降[1]。该在建供应量包括约34,000个已获规划批准的GLS及集体出售地段未售单位，以及另外5,000个来自尚待规划批准地段的单位[2]。 5. 尽管过去两个季度私人住宅单位需求有所增加，但整体成交量相对于2018年7月房地产市场降温措施出台前的时期仍属温和。与此同时，发展商对住宅用地的需求保持适中，GLS投标仍有竞标兴趣。 6. 为持续满足人口的住房需求，政府决定将1H2020 GLS计划确认名单上的私人住宅单位供应量，大致维持在与2H2019 GLS计划相近的水平[3]。政府将继续密切监察房地产市场，并在必要时调整未来GLS计划的供应量。 商业空间供应 7. 确认名单上22,000平方米商业空间GFA，主要来自Jalan Anak Bukit以住宅为主、并设有综合巴士转换站的地段，将为该区通勤者及居民提供配套设施。 8. 1H2020储备名单包括一幅位于Woodlands Avenue 2的混合用途发展白色地段，该地段从2H2019储备名单结转。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，符合政府将就业中心分散化、使就业机会更接近居所的目标。 酒店客房供应 9. 1H2020储备名单包括位于Marina View及River Valley Road的两幅地段，均从2H2019储备名单结转。这些地段将为发展商提供充足机会，在现有在建供应量之上额外启动酒店客房供应。 [1] 截至2018年底，在建私人住宅单位供应量约为45,000个。 [2] 这些来自已中标的GLS及集体出售地段，以及截至2019年第三季尚未中标的确认名单GLS地段。 [3] 2H2019 GLS计划确认名单提供了1,715个私人住宅单位。 附录1 ------------ 1H2020 GLS计划拟议住宅、商业及酒店地段 序号 地点 地段面积（公顷） 拟议总容积率（GPR） 估计住宅单位数目（1） 估计酒店客房数目（1） 估计商业空间（平方米） 估计推出日期 售卖代理 确认名单 住宅地段 1 Yishun Avenue 9（EC）（2） 2.15 2.8 600 0 0 2020年4月 HDB 2 Tanah Merah Kechil Link（2）（3） 1.01 2.8 310 0 2,000 2020年5月 URA 商业与住宅地段 3 Jalan Anak Bukit（2）（4） 3.29 3.0 865 0 20,000 2020年6月 URA 合计（确认名单） 1,775 0 22,000 序号 地点 地段面积（公顷） 拟议总容积率（GPR） 估计住宅单位数目（1） 估计酒店客房数目（1） 估计商业空间（平方米） 估计可供申请日期（7） 售卖代理 储备名单 住宅地段 1 Dairy Farm Walk 1.57 2.1 390 0 0 现已可供申请 URA 2 Dunman Road 2.52 3.5 1,040 0 0 现已可供申请 URA 3 Hillview Rise 1.04 2.8 345 0 0 现已可供申请 URA 4 Tampines Street 62（EC） 2.38 2.5 595 0 0 2019年12月 HDB 白色地段 5 Marina View（3） 0.78 13.0 905 540 2,000 现已可供申请 URA 6 Woodlands Avenue 2（5） 2.75 4.2 440 0 78,000 现已可供申请 URA 7 Kampong Bugis（6） 8.29 - 1,000 0 10,000 2019年12月 URA 酒店地段 8 River Valley Road（3） 1.02 2.8 0 530 2,000 2019年12月 URA 合计（储备名单） 4,715 1,070 92,000 合计（确认名单及储备名单） 6,490 1,070 114,000 （1）执行共管公寓地段及中央区地段的估计住宅单位数目，已参考近期可比项目的平均单位面积。中心区以外地段的住宅单位产量，则按2018年10月17日发出的发展管制指引中最高可建住宅单位数目估算。部分地段的估计酒店客房数目已根据修订后的地段面积作出调整。 （2）1H2020新推出地段。 （3）地段设有2,000平方米GFA的零售上限。 （4）设有综合巴士转换站（估计5,000平方米GFA）的混合用途发展，零售上限为7,500平方米GFA。 （5）地段设有33,000平方米GFA的零售上限，以及最低45,000平方米GFA的办公楼面要求。 （6）此为主发展商地段，总GFA为390,000平方米，预计分阶段在约11至13年内完成。该地段住宅单位上限为4,000个单位，非住宅GFA上限为50,000平方米（包括10,000平方米GFA的零售上限）。估计1,000个住宅单位及10,000平方米商业空间GFA，是基于启动第一期发展、并为该少车社区建立临界规模所预期的相应配额。 （7）指详细售卖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目，已参考近期可比项目的平均单位面积。中心区以外地段的住宅单位产量，则按2018年10月17日发出的发展管制指引中最高可建住宅单位数目估算。部分地段的估计酒店客房数目已根据修订后的地段面积作出调整。 （2）1H2020新推出地段。 （3）地段设有2,000平方米GFA的零售上限。 （4）设有综合巴士转换站（估计5,000平方米GFA）的混合用途发展，零售上限为7,500平方米GFA。 （5）地段设有33,000平方米GFA的零售上限，以及最低45,000平方米GFA的办公楼面要求。 （6）此为主发展商地段，总GFA为390,000平方米，预计分阶段在约11至13年内完成。该地段住宅单位上限为4,000个单位，非住宅GFA上限为50,000平方米（包括10,000平方米GFA的零售上限）。估计1,000个住宅单位及10,000平方米商业空间GFA，是基于启动第一期发展、并为该少车社区建立临界规模所预期的相应配额。 （7）指详细售卖条件预计可供查阅及可提交申请的日期。 附录2 ------------- 2019年下半年（2H2019）GLS计划进展情况 （截至2019年12月3日） 1. 2019年下半年（2H2019）GLS计划共有13幅地段，其中五幅列入确认名单，八幅列入储备名单。 2. 至今，五幅确认名单地段中已有四幅推出招标，余下一幅确认名单地段将于2019年12月下旬推出招标。五幅确认名单地段的投标将于2020年1月至3月陆续截止。 3. 共有四幅住宅地段、三幅白色地段及一幅酒店地段仍保留在2H2019储备名单上，并将结转至2020年上半年（1H2020）GLS计划1。 [1] 其中包括一幅住宅地段、一幅白色地段及一幅酒店地段，将于2019年12月下旬在储备名单上开放申请。