The Singapore government has announced the Government Land Sales (GLS) Programme for the first half of 2026, featuring nine Confirmed List sites and twelve Reserve List sites. These Confirmed List sites are projected to produce approximately 4,575 residential units, including 635 executive condominiums (ECs). This is a slight decrease from the 4,725 units released in the second half of 2025.
Private residential prices have risen by 2.7% year-to-date as of the third quarter of 2025, with expectations of a 2.0-4.0% year-on-year increase in 2026, barring new cooling measures. The government aims to balance the housing supply amidst ongoing economic uncertainties by maintaining a substantial release of private housing through the Confirmed List whilst keeping most supply on the Reserve List.
The Lorong Puntong and Canberra Drive (EC) sites are anticipated to attract significant interest due to their strategic locations and manageable unit sizes. The Lorong Puntong site, near Bright Hill MRT station and Ai Tong School, is expected to yield 140 units. The Canberra Drive site, close to Canberra MRT station, is projected to offer 185 units. Executive condominiums continue to appeal to buyers due to their lower prices compared to private condos.
Additionally, the Bayshore Drive mixed-use site is noteworthy for its prime location atop the upcoming Bayshore MRT station and near East Coast Park. However, its high price quantum may lead developers to form consortiums for bidding. The Reserve List could yield 4,610 private residential units, 2 million square feet of commercial space, and 970 hotel rooms.
