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Fernvale tenders reflect drop in market confidence

Chip Eng Seng-led consortium tops bids for adjacent private housing sites

[SINGAPORE] The latest state land tender for a pair of adjacent private housing sites in Fernvale Road in Sengkang showed a thinning in tender participation rates as well as land prices - compared with two sites in the area sold last year before the total debt servicing ratio kicked in. This

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