China, HK developers temper their bids in Singapore land tenders
But they remain active players despite less aggressive bids amid cooling measures and significant landbanks built up from en bloc deals
Singapore
CHINA and Hong Kong developers - once fingered for pushing up property prices with aggressive bids in land tenders here - are no longer the top bidders these days.
Though still active in tenders, they have not had much success in both state and private housing site tenders since the first half of last year.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
China Evergrande to delay 2023 annual results; shares remain suspended
Dubai ruler’s firm refinances US$8.2 billion to tap property boom
US home prices jump by most in nearly two years in February
UK’s second biggest mortgage lender pulls offers over flood risk
China state firm to sell 20 Shanghai office towers in downturn
Strained Chinese cities struggle to pay home-buying subsidies