NTUC Choice Homes, the property development arm of Singapore’s labour movement, has been keeping an eye on the release of land sites, although it has no confirmed development plans yet.
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“The release of land parcels for housing has been quite intense,” said Ms. Margaret Goh, CEO of NTUC Choice Homes, during a news conference on NTUC’s social enterprises.
NTUC Choice Homes, which has been involved in building executive condos, has been eyeing every one of them.
“Obviously we are looking at plucking all the gaps in getting housing units to fulfill the aspirations of Singaporeans to upgrade and have a better lifestyle. There are a lot of land tenders out and we have been looking very seriously at each and every parcel,” said Ms. Goh.