top of page

Increased Confirmed List Supply for 1H2024 GLS

  • Writer: Shirley and Pamela
    Shirley and Pamela
  • Jan 16, 2024
  • 1 min read



Private housing supply on the Confirmed List for 1H2024 Government Land Sales (GLS) has gone up from 5160 units in the second half of 2023, to 5450 units. This also marks the greatest supply volume for a single GLS programme in a decade.


With the robust demand for housing, the corresponding increase in private housing supply level will be vital towards ensuring greater stability in the property market.


Economic uncertainty and increased interest rates, coupled with the impact of the most recent round of cooling measures, saw developers exercising restraint in the tenders.


Thinking of landing a new private property in 2024? Drop us a message today!

 
 
 

Comments

ABOUT US

Wonder Homes was started with an earnest ambition of helping homeowners through the processes of buying and selling of properties. Having been there and done that, Shirley and Pamela understand the frustration one is likely to feel when going through the transactions.

​

The real estate consultancy duo constantly update themselves with the latest market trends, breaking down the facts and figures for their clients to aid in their decision making. Many that have engaged Shirley and Pamela would say they are sincere and only offers the best advice.

  • Facebook
WE'D LOVE TO KNOW WHAT YOU THINK!

Thanks for submitting!

Proudly created by SJ Digital Media Solutions ©

bottom of page