Should there be more transparency around pricing at property launches?

Singapore

THE launch of Pasir Ris 8 in July - where feverish demand led to a series of price hikes over the course of a day - raises the question of whether there is a need for greater transparency around pricing to ensure that buyers make well-informed purchasing decisions.

The 487-unit, 99-year leasehold project in the suburbs created waves, thanks in no small part to six upward price revisions in a day.