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S'pore prime land 'exorbitant': CityDev

After paying S$383m in 2006 for its Gramercy Park project site, it expects prices to go even higher

Singapore

SINGAPORE's second-largest developer has taken a potshot at prices of prime land in the city-state, describing them as exorbitant and predicting that they will go even higher.

"In land-scarce Singapore, it is increasingly difficult to secure prime land of this scale and