Singapore to Sell Most Residential Land in Over a Decade
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Singapore is planning to sell the most residential land in over a decade, with the government releasing four sites for sale in the second half of 2024. The move is aimed at meeting the strong demand for housing in the country. The sites are expected to yield around 1,605 residential units in total. The government hopes that the increased supply will help stabilize housing prices and meet the needs of Singaporeans. The sale of the land is part of the government's efforts to ensure a sustainable and affordable housing market.



https://www.bloomberg.com/news/articles/2024-06-25/singapore-to-sell-most-residential-land-in-over-a-decade?srnd=homepage-americas