Written Answer to Unanswered Oral Question
Sale of Government Freehold Land to Private Developers
Ministry of LawSpeakers
Transcript
37 Dr Lim Wee Kiak asked the Minister for Law (a) how much freehold land is currently possessed by the Government; (b) what is the policy governing the sale of this freehold landbank to private property developers; and (c) how much freehold land has been sold to private developers in the past 10 years.
Mr K Shanmugam: Land held by the Government is released for sale to the private sector for development mainly via open tender through the Government Land Sales (GLS) programme. The lease tenure for land sold under the GLS programme does not exceed 99 years and is determined prior to launch.