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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
Published Thu, Jul 25, 2019 · 09:50 PM
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.
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