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BT EXCLUSIVE: SINGAPORE PROPERTY

Developers' margins squeezed by higher land, construction costs: survey

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Fiona Lam

Fiona Lam

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.

    Singapore propertyProperty developersConstructionProperty agents

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