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1. The Urban Redevelopment Authority (URA) has released three residential1 sites at Dairy Farm Walk, Tengah Garden Avenue and Bayshore Road for sale today under the first half 2024 (1H2024) Government Land Sales (GLS) Programme.
2. The sites at Dairy Farm Walk and Tengah Garden Avenue are launched for sale under the Confirmed List and can potentially yield 540 and 860 residential units respectively. These form part of the 5,450 residential units to be made available via the Confirmed List of the 1H2024 GLS programme. The site at Bayshore Road is available for application under the Reserve List and can potentially yield 515 units. Together, these three sites can provide a potential supply of 1,915 residential units.
3. To cater to demand, the Government has increased the Confirmed List supply of private housing in the GLS programme to 5,450 units in 1H2024, from 4,090 units in 1H2023 and 5,160 units in 2H2023. This is the highest supply on the Confirmed List in a single GLS Programme since the 2H2013 GLS Programme.
4. Details on the three land parcels can be found in Annex 1._
Other Details 5. The tenders for the Dairy Farm Walk and Tengah Garden Avenue sites will close at 12 noon on 14 January 2025. More details on the three land parcels are available on the URA website.
1 The sites at Dairy Farm Walk and Bayshore Road are zoned Residential, while the site at Tengah Garden Avenue is zoned Residential with Commercial at 1st Storey (see Annex 1 )