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SINGAPORE Two residential sites in Champions Way in Woodlands and Lorong 1 Toa Payoh, and a short-term lease commercial site in Punggol Walk, were released for sale on Thursday (May 25) under the first-half 2023 Government Land Sales (GLS) Programme. Analysts see pent-up Housing Board upgrader demand for the two leasehold 99-year residential sites, which can yield a total.
Singapore's rental market is on a tear, particularly in the 3rd quarter of 2022, which is no understatement. The signs have been there since 2020 when Covid-19 circuit-breaker, home-based schooling and work-from-home policies forced many to explore temporary housing options like renting. Yet, in 2022, as office workers return to the workplace and kids back to school, rental prices continue.