2nd Commercial site released in Woodlands “faces office-space glut”

The Urban Redevelopment Authority (URA) has released a commercial site in Woodlands Regional Centre, but the analysts said the land parcel is not likely to be triggered for sale in the near future given the large impending supply of office property.

Point to ponder: Given the large impending supply of office property, what is the impact on commercial property market/values if this commercial site is successfully sold?