Singapore to release land from 'reserve' list

Gulfnews.com, 9 Mar 2010
Singapore: Singapore will release a larger supply and wider variety of land for developers in the second half of this year, the latest in a series of measures by the government to cool the property market.
The government will consider making the sites available on its so-called reserve list, which are properties that will only be offered for sale when there is sufficient interest in the land, minister for national development Mah Bow Tan said in parliament yesterday. That is a departure from an earlier policy where land from the list only would be put up for sale when an offering bid meets its government's minimum price, his ministry said in a statement on its website. Full Story