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Tanah Merah site triggered for tender

Successful applicant commits to S$580 psf ppr minimum bid; analysts expect developers to apply for more reserve list sites in next few months due to depleting landbanks



JUST three weeks after the Ministry of National Development announced the Government Land Sales Programme for first-half 2016, a private housing site near Tanah Merah MRT Station has been triggered from MND's reserve list.

Market watchers say this reflects developers'