SINGAPORE – Over the past decade, the state has claimed five privately owned land parcels that had been abandoned for at least three years.
This figure was revealed when Parliament debated proposed laws to protect state land in November.
According to current laws, privately owned land that has been abandoned for three years or more is liable to be claimed by the state through a process called forfeiture.
Property analysts told ST that they agreed – in most cases – that the forfeited parcels could not be developed on their own.
OrangeTee and Tie senior vice-president of research and analytics Christine Sun said the land parcels are mostly long and have odd shapes, making them unsuitable for the development of new homes.