Property consultants for Botanique at Bartley have noted that there has been a recent cutting back by the Ministry of National Development (MND) in proposed housing units’ total numbers that fall under their GLS Programme (Government Land Sales) for 2015’s first half. This comes amidst a slow moving residential market in Botanique at Bartley and the fact that between the latter half of 2014 into 2018 there is a very significant supply coming up of 78,402 units.
The government has made plans under this most recent exercise to release 6 confirmed list sites and 13 reserve list sites. These will bring in a total of 8,775 units; 7,765 private housing and 1,010 executive condominiums. To be more specific, on the confirmed list are 490 executive condo units and 2,530 private homes. The reserved list has 5,235 private homes and 520 executive condos.

Cutting back Housing Supply increase prices for Botanique