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Are shorter industrial leases a problem?

Hard to obtain loans and resell, but it ousts speculators

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The government's move to shorten industrial land tenures to help industrialists better manage costs is all well and good - PHOTO: SPH

[SINGAPORE] The government's move to shorten industrial land tenures to help industrialists better manage costs is all well and good. Going by simple comparisons, it has even worked. Land prices have indeed fallen for plots rolled out from July 2012 whose leases have been halved to 20-30 years,

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