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Batched tenders work, up to a point

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CDL group CEO Sherman Kwek says well-funded developers may still bid aggressively for multiple tenders on the same day.

THIS week's simultaneous closing of state land tenders - or batched tender exercise - for three private housing sites has once again put the spotlight on whether they are effective in taming bids.

After a three-year hiatus, the government reintroduced batched tenders last December amid...

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