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The site at Lorong 1 Toa Payoh is part of the increased housing supply under the 2H2023 Government Land Sales Programme to cater to demand.
The Urban Redevelopment Authority (URA) has released a residential site at Lorong 1 Toa Payoh for sale today under the second half 2023 (2H2023) Government Land Sales (GLS) Programme.
The site at Lorong 1 Toa Payoh is launched for sale under the Confirmed List and can potentially yield about 775 residential units. These form part of the 5,160 residential units to be made available via the Confirmed List of the 2H2023 GLS programme. To cater to demand, the Government has ramped up the Confirmed List supply of private housing in the GLS programme, by 26% in 2H2023 compared to the preceding half year. With the 2H2023 supply, the Confirmed List supply of around 9,250 units for the whole of 2023 will be at its highest level in a decade.
Details on the land parcel can be found in Annex 1.
Other Details The tender for the Lorong 1 Toa Payoh site will close at 12 noon on 7 November 2023. The tender closing for the site will be batched with the 2 residential sites at Clementi Avenue 1 and Pine Grove (Parcel B) which were launched for sale in August 2023 under the Confirmed List of the 2H2023 GLS Programme.