Video · Market analysis
GFA harmonisation: why it did not make new launches cheaper for good
- By
- James Wong, B.Acc (Hons)
- First posted
- 12 Jan 2026
- TikTok account
- @property.elites.clique
- Length
- 1:10
- Last fact-checked
- 12 Jan 2026
Filed underNew launchPolicy
In this video
Many buyers took GFA harmonisation to mean cheaper new launches. James's view is that it caused a temporary distortion in land prices, and that the opening for buyers came from timing.
Key takeaways
- GFA harmonisation did not make new launches permanently cheaper.
- In James's view, it created a temporary distortion in land prices.
- The window for buyers came from timing, not from the headlines.
Limitations
The effect of GFA harmonisation on land bids is James's interpretation. It is not an official finding.
Methodology
- GFA harmonisation
- From 1 June 2023, URA, SLA, BCA and SCDF measure floor area in the same way. All strata area counts as gross floor area, voids are left out of strata area, and floor areas are measured to the middle of the wall.
Sources
- 1.Harmonisation of floor area definitions by URA, SLA, BCA and SCDF (circular DC22-09)
Urban Redevelopment Authority · Period: Circular of 1 Sep 2022, in effect from 1 Jun 2023 · Extracted 4 Oct 2026
The definition only. The view on land prices is James's own.
General information only, not financial, legal or tax advice. Figures reflect the data period shown and may since have changed; your own circumstances will differ. Full disclaimer.
Planning your next move?
Need help applying this to your own property decision?
Speak with James about your own numbers and timeline.
Prefer to call? +65 9696 9567
I usually reply within one working day.
Messages go directly to James. Your details are used only to respond to your enquiry. See the privacy notice.