High level of Government Land Sales (GLS) private housing supply sustained in second half 2025 (2H2025)
Jun 13, 2025
- The Government is sustaining a high and steady level of private housing supply for the 2H2025 GLS Programme. 4,725 private residential units will be launched via the 2H2025 Confirmed List, bringing the total Confirmed List supply for 2025 to close to 10,000 units.
- The 2H2025 Confirmed List includes 990 Executive Condominium (EC) units, bringing total EC supply for 2025 to about 2,000 units, the highest in a single year since 2014.
- The good spread of sites across the island will provide a variety of housing options to cater to different needs and preferences.
- The Government will continue to closely monitor economic and property market conditions, and when necessary, we are ready to increase both public and private housing supply.
1. The Government has announced the GLS Programme for the second half of 2025 (2H2025). Comprising 10 Confirmed List sites and 12 Reserve List sites, the Programme can yield about 9,200 private residential units, 178,315 sqm gross floor area (GFA) of commercial space, and 880 hotel rooms (see Appendix 1 and Appendix 2).
2. The Confirmed List, which comprises 10 private residential sites, can yield 4,725 private residential units, including 990 EC units from two EC sites, and 4,515 sqm GFA of commercial space.
3. The Reserve List includes six private residential sites, one commercial site, three White sites and two hotel sites, which can potentially yield an additional 4,475 private residential units, 173,800 sqm GFA of commercial space, and 880 hotel rooms.
Sustained supply of private housing
4. With the progressive ramp-up of private housing supply via the GLS Programme over the last three years, property price momentum in the private residential market has moderated1. To keep the property market stable and sustainable, the Government will maintain a steady supply injection of private residential units. In 2H2025, 4,725 units – including 990 EC units – will be released under the Confirmed List to meet ongoing housing demand and help bolster the inventory of EC units available for sale2. The supply on the Reserve List will also be increased to 4,475 units to allow developers to initiate for development if they assess that there is sufficient demand.
5. With the supply injection from the Confirmed List in 2H2025, the total private housing supply to be launched in 2025 will be about 9,800 units. This will bring the total supply of private residential (including EC) units3 in the overall pipeline of private residential units to about 56,700 units. This robust pipeline of private residential units will help to meet the medium-term housing needs of Singapore’s population. The supply consists of a good spread of sites across various geographical locations, supporting the development of both conventional private residential units and long-stay Serviced Apartments, to cater to both owner-occupation and rental housing demand.
Supply of office space
6. The White sites for mixed-use developments at Jurong Lake District and Woodlands Avenue 2, as well as the short-term lease commercial site at Punggol Walk, will be carried over from the 1H2025 Reserve List to the 2H2025 Reserve List. These three sites will provide developers opportunities to initiate the development of more office and retail spaces if they assess that there is sufficient market demand.
Supply of hotel rooms
7. The 2H2025 Reserve List includes a new hotel site at Telok Ayer Street, planned for mixed use development comprising hotel rooms, long-stay Serviced Apartments, and retail spaces to foster a vibrant neighbourhood along Telok Ayer Street and enliven the Central Business District. Together with the existing hotel site at River Valley Road carried over from the 1H2025 Reserve List, the two sites will allow developers to increase the supply of hotel rooms based on market demand.
8. The Government will continue to closely monitor economic and property market conditions, and adjust the GLS Programme as necessary to meet Singapore’s housing, commercial and hospitality needs.
1 Based on the Property Price Index, overall private residential prices increased at a slower pace by 3.9% in 2024, compared to the increases of 8.6% in 2022 and 6.8% in 2023. In 1Q2025, overall private residential prices rose modestly by 0.8%, easing from the 2.3% increase in 4Q2024.
2 As of end-April 2025, there were about 2,900 EC units available for sale, including units from GLS sites launched in 1H2025 that have yet to be awarded. With the 990 EC units from the 2H2025 Confirmed List, there will be a total of close to 3,900 EC units in the supply pipeline available for sale in the near term.
3 This comprises about 40,700 units with planning approval and about 16,000 units from GLS sites and awarded en-bloc sites that have not been granted planning approval yet.
Appendix 1
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PROPOSED RESIDENTIAL, COMMERCIAL AND HOTEL SITES FOR 2H2025 GLS PROGRAMME
S/N | Location | Site Area (ha) | Proposed GPR | Estimated No. of Residential Units (1) | Estimated No. of Hotel Rooms | Estimated Commercial Space (m2) | Estimated Available Date (18) | Sales Agent |
Reserve List |
Residential Sites |
1 | Holland Plain (7) | 1.57 | 1.8 | 280 | 0 | 0 | Available | URA |
2 | Marina Gardens Lane (8) | 0.60 | 5.6 | 390 | 0 | 150 | Available | URA |
3 | Media Circle (9) | 0.57 | 4.2 | 520 | 0 | 400 | Available | URA |
4 | Media Circle (Parcel B) (10) | 1.00
| 4.3 | 500 | 0 | 400 | Available | URA |
5 | River Valley Green (Parcel C) | 1.15 | 3.5 | 470 | 0 | 0 | Available | URA |
6 | Cross Street (2)(11) | 0.23 | 6.3 | 300 | 0 | 750 | Sep 2025 | URA |
Commercial Sites |
7 | Punggol Walk (12) | 1.00 | 1.4 | 0 | 0 | 13,350 | Available | URA |
White Sites |
8 | Marina Gardens Crescent (13) | 1.73 | 4.2 | 775 | 0 | 6,000 | Available | URA |
9 | Jurong Lake District (14) | 6.47 | - | 600 | 0 | 70,000 | Available | URA |
10 | Woodlands Avenue 2 (15) | 2.75 | 4.2 | 440 | 0 | 78,000 | Available | URA |
Hotel Sites |
11 | River Valley Road (16) | 1.02 | 2.8 | 0 | 530 | 2,000 | Available | URA |
12 | Telok Ayer Street (2)(17) | 0.42 | 7.0 | 200 | 350 | 2,750 | Dec 2025 | URA |
| Total (Reserve List) | 4,475 | 880 | 173,800 | | |
| Total (Confirmed List and Reserve List) | 9,200 | 880 | 178,315 | | |
(1) The estimated number of dwelling units (DU) for Executive Condominium and private residential sites take into account the average unit sizes of recent comparable developments and prevailing Development Control guidelines. (2) New sites introduced in 2H2025. (3) Sites are imposed with a minimum 500 sqm GFA for childcare centre. (4) Site is imposed with a retail cap of 3,000 sqm GFA and a minimum 550 sqm GFA for childcare centre. (5) Site is imposed with a retail cap of 1,400 sqm GFA and a minimum 600 sqm GFA for childcare centre. (6) Site is imposed with a retail cap of 117 sqm GFA and a minimum 500 sqm GFA for childcare centre. (7) Site is imposed with DU cap of 282 residential units. (8) Site is imposed with a retail cap of 150 sqm GFA. (9) Site is for long-stay Serviced Apartments use only and imposed with a retail cap of 400 sqm GFA. (10) Site is imposed with a retail cap of 400 sqm GFA. (11) Site is for long-stay Serviced Apartments use only and imposed with a retail cap of 750 sqm GFA. (12) Site is imposed with a minimum office quantum of 8,400 sqm GFA and a minimum 650 sqm GFA for childcare centre. (13) Site is imposed with a retail cap of 6,000 sqm GFA and a minimum 500 sqm GFA for childcare centre. (14) This is a Master Developer site with a total GFA of 365,000 sqm. The estimation of 600 residential units and office quantum of 40,000 sqm GFA is based on the minimum quantum to be developed in Phase 1, which are specified in the sales conditions. (15) Site is imposed with a retail cap of 33,000 sqm GFA and a minimum office quantum of 45,000 sqm GFA. (16) Site is imposed with a retail cap of 2,000 sqm GFA. (17) Site is imposed with a retail cap of 2,750 sqm GFA. Long-stay Serviced Apartments use will be required for the site. (18) Refers to estimated date the detailed conditions of sale will be available and applications can be submitted. |
Appendix 2
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Status of the GLS Programme for first half 2025 (1H2025)
(as of 13 June 2025)
1. The 1H2025 GLS Programme comprises 19 sites, of which 10 are on the Confirmed List and nine are on the Reserve List.
2. To date, seven of the Confirmed List sites have been launched for tender, and the remaining three Confirmed List sites [i.e. Upper Thomson Road (Parcel A), Dorset Road, and Telok Blangah Road] will be launched in late-June 2025.
3. The 2H2024 Confirmed List residential site at Media Circle (Parcel B), which was not sold, has been placed on the 2H2025 Reserve List.
4. Excluding the Media Circle (Parcel B) site, a total of four residential sites, one commercial site, three White sites, and one hotel site remaining on the 1H2025 Reserve List will be carried over to the Reserve List of the 2H2025 GLS Programme.