1 Apr 2019 Posted in Parliamentary speeches and responses
Dr Lim Wee Kiak (Member of Parliament for Sembawang GRC)
To ask the Minister for Law (a) how much freehold land is currently possessed by the Government; (b) what is the policy governing the sale of this freehold landbank to private property developers; and (c) how much freehold land has been sold to private developers in the past 10 years.
- Land held by the Government is released for sale to the private sector for development mainly via open tender through the Government Land Sales (GLS) programme. The lease tenure for land sold under the GLS programme does not exceed 99 years and is determined prior to launch.
Last updated on 02 Apr 2019