BT EXCLUSIVE: SINGAPORE PROPERTY
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Developers' margins squeezed by higher land, construction costs: survey
Published Wed, May 5, 2021 · 09:50 PM
Singapore
THE pains of margin compression for property developers in Singapore look set to continue, given recent tightened border measures due to the surge of Covid-19 cases in India.
It comes as profit margins of developers had already thinned from the year-ago period, despite developers seeing strong private-home sales, according to a survey.
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