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Singapore government maintains high housing supply despite risks

Singapore’s Government Land Sale (GLS) programme for the second half of 2026 will maintain a robust residential supply, with 9,200 units planned, according to CBRE Research. The Confirmed List supply has increased slightly to 4,745 units, whilst the Reserve List has been adjusted downwards to 4,455 units. This distribution supports both private residential units and long-stay serviced apartments, catering to diverse housing demands.

The Confirmed List will see the launch of 4,010 private housing units across seven residential sites and one white site, alongside 735 Executive Condominium (EC) units. Notably, the Town Hall Link site in Jurong Lake District (JLD) has been moved to the Confirmed List, signalling a renewed push to develop Singapore’s second central business district. This site, carved from the original JLD tender, offers a potential yield of 186,000 square metres, including office space, residential units, and complementary uses.

Tricia Song, CBRE Head of Research for Singapore and Southeast Asia, noted that the smaller parcel size and increased residential quota should attract more interest from developers. “The government will undertake some infrastructure requirements, providing relief to developers,” she added.

The GLS programme also features attractive new sites, including Orchard Boulevard and Tanjong Rhu Close, known for their prime locations and amenities. Future transport enhancements, such as the Jurong Region Line and Cross-Island Line, are expected to enhance site accessibility.

The tender for the Town Hall Link site will test developers’ interest in decentralised office developments, amidst a buoyant office sector focused on prime CBD assets.

This story was selected and published by a human editor, with content adapted from original press material using AI tools. Spot an error? Report it here.

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