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Pine Grove and Dunman Road GLS sites: Analysing both condo sites

The upcoming Government Land Sales (GLS) sites are expected to draw many bidders, as developers’ land banks are dwindling. We think the ones to watch these days are the Pine Grove (Parcel A) and Dunman Road GLS sites. Both sites were previously under the Reserve List for the H2 2021 Government Land Sales (GLS), before they were moved to the.

Why this Dunman Road site could attract developer bids of $1 3b

Property developers are plagued by depleted land banks this year; so it’s not surprising we’ll see more competition for GLS sites. However, the upcoming Dunman Road site is likely to come with a daunting price tag – at potential prices of over $1 billion, it’s only the boldest developers who might go for it. Here’s what’s special about the site:.

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