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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
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Published Tue, Apr 27, 2021 · 09:50 PM
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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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