Better methods unlikely to hit developers' margins

[SINGAPORE] Costs may creep up for developers in the short run as they adopt productive technologies for selected Government Land Sale (GLS) sites but margins should still be protected, some analysts say.

"We believe margins will not be compromised," said Regina Lim, head of Singapore equity research and Asean property research at Standard Chartered. "As more developers adopt prefab components, costs could decline with economies of scale."

Developers are also expected to rein in land bids in anticipation of higher construction costs due to the latest requirements.