Land supply for private housing has been bumped up for the first half of 2024, and will include a pilot site for long-stay serviced apartments in one-north as well as the first private housing site in Bayshore precinct.

In all, the 10 sites on the confirmed list and nine sites on the reserve list of the Government Land Sales (GLS) programme announced on Dec 6 will yield 8,910 private residential units, 107,750 sq m gross floor area (GFA) of commercial space and 530 hotel rooms.

The 10 confirmed list sites – which include one executive condominium (EC) site, the third long-stay serviced apartments site, and one commercial and residential site – can collectively yield 5,450 private residential units including 710 EC units and 515 long-stay serviced apartments, as well as 13,900 sq m GFA of commercial space. This is a rise of 5.6 per cent from 5,160 residential units in the second half of 2023.

Ms Christine Sun, senior vice-president of research and analytics at OrangeTee & Tie, said there should be pent-up demand in Pasir Ris as the last EC launch – Sea Horizon – was in 2013.