The Ministry of National Development (MND) will place land capable of yielding 4,725 private housing units on the confirmed list for the second half of 2025 — a slight 6% reduction from the 5,030 units released in the first half of the year. The adjustment reflects a calibrated approach as the private housing market moves into a period of stabilisation.

Why the Confirmed List Is Moderating

While long-term housing demand remains steady, several factors contributed to the modest reduction:

• Cooling launch momentum as developers pace out projects
• More selective buyer demand due to interest rate sensitivity
• Healthy unsold inventory levels returning to balanced territory
• Construction cost pressures influencing developer bidding appetite

The trimmed supply ensures land availability remains aligned with economic conditions.

But Supply Remains Healthy for the Medium Term

Despite the 6% dip, the 4,725-unit supply is still considered robust. It continues a multi-year effort to:

• Support household formation needs
• Provide a consistent pipeline of new homes
• Avoid overheating by preventing land scarcity
• Ensure developers maintain adequate landbanks

MND’s strategy balances market stability with longer-term demand fundamentals.

Mix of Sites Expected Across OCR, RCR and CCR

The confirmed list is expected to feature a diversified mix of projects:

• OCR mass-market sites to meet upgrader demand
• RCR city-fringe launches near MRT nodes
• Selective CCR parcels for prime-area stability

Larger plots may also be split to reduce quantum risk for developers.

What This Means for Homebuyers & Developers

For homebuyers, the steady GLS supply means:

• No sharp spikes in future launch prices due to land scarcity
• A stable flow of projects into 2026 and 2027
• Better choice across districts and price brackets

For developers, the moderation signals:

• A more measured bidding environment
• Less pressure to bid aggressively
• More time to digest recently awarded parcels

Overall, a healthier, more sustainable market environment.

TopBroker Insight

The 6% reduction in confirmed-list supply is a fine-tuning measure — not a policy shift. Singapore continues to ensure strong housing availability without overwhelming the market. For buyers, this means a stable price environment; for developers, a more predictable land pipeline.