government land sales (GLS)

UOBKH's Adrian Loh prefers property stocks with less exposure to the Singapore market with government land sales doubling in 2022.

Property developers are still hungry for land in Singapore.

The analysts’ comments come as the top bidders for two government land sales (GLS) sites at One-North were revealed on Sept 28.

Senior executives of real estate development firms who have informal exchanges with their peers while golfing acquired government land parcels at 14.4% lower bid prices, according to a study by the National University of Singapore (NUS) Business School.

SINGAPORE (Jan 17): DBS Group Research is forecasting property transaction volumes to fall 20% y-o-y to 7,500-8,500 units in 2019, and says it is possible for the property price index (PPI) to decline by up to 3% this year, and even further, should macro

SINGAPORE (Sept 6): The majority of large property developers in Singapore have sat out the latest round of government land sales (GLS) tenders, after the introduction of new property cooling measures in July to curb rising home prices.