Developers hungry for land, but not likely to binge: analysts
Site near Farrer Park station fetches S$1,129 psf ppr top bid in first residential state land tender for 2021
Singapore
THE maiden residential state land tender for this year reflects developers' healthy appetite for replenishment land in the face of shrinking unsold inventories amid strong private home sales.
A tender for a 99-year leasehold plot directly connected to Farrer Park MRT Station near Mustafa Centre attracted 10 bids at a state tender when it closed on Tuesday.
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