Govt cuts private housing supply from confirmed land sale sites due to Covid-19 fallout: The Straits Times

Government Land Sales for the 2nd half of this year had been reduced to 1370 units from 1775 units in the 1st half of 2020. This is a 23% reduction, with a total of three confirmed sites which include, one at Northumberland Road which are yield 385 units, another at Ang Mo Kio Avenue 1 which can yield 370 units and an executive condominium at Tengah Garden Walk which can yield 615 units. The estimated launch dates for these sites are in October and November 2020.

Source: https://www.straitstimes.com/business/property/govt-cuts-private-housing-supply-from-confirmed-land-sale-sites-due-to-covid-19

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