The Government Land Sales Programme is scheduled to start in the first half of 2022, with five Confirmed List and eight Reserve List sites. These sites could yield up to 6,500 private residential units and 90000 sq ft of commercial space, as well as 530 hotel rooms including Bukit Batok EC. It is anticipated that the influx of new residents would increase the demand for these units.
This programme is expected to yield about 2,000 units from confirmed sites, including private residential units and EC such as Bukit Batok EC. This is higher than the number of ECs recently sold by the government. Due to land-hungry developers and dwindling unsold new home supply, it is anticipated that these two programmes will generate double-digit bids. If you are interested in purchasing a plot of land under the Government Land Sales Programme, you will want to know that the supply of …