Mr Tan says China developers in Iskandar have been pushing out too many units at one go.
The company's TRE Residences next to Aljunied MRT station has moved 20 per cent of the 250 units at an average S$1,416 per square foot, including a 5 per cent early-bird discount.
MCC Land (Singapore), which is part of a large Chinese state-owned conglomerate, has been operating in Singapore for almost two decades. But its vision goes beyond the local horizon. Having undertaken sufficient feasibility studies, the group is ready to set foot in Malaysia and Indonesia within...