Derek TAN +65 6682 3716;
Rachel TAN +65 6682 3713;

Will land choices in 2H21 GLS attract less aggressive bids?
• More suburban land parcels on offer in 2H2021 Government Land Sales Programme
• More measured land bids expected as land parcels are in the Outside Central Area and spread across the island
• Marina View white site triggered after 3 years; developer has committed to place a minimum bid of S$1.5bn (S$1,379 psf) for a predominantly
residential / hotel use project