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Redas urges developers to be more prudent in land purchase, capital allocation

Far East Organization CEO Philip Ng presented with Redas' Lifetime Achievement Award at gala dinner

Lee U-Wen
Published Mon, Dec 2, 2019 · 09:50 PM

Singapore

WITH the conditions for the real estate industry becoming more challenging, developers in Singapore have been urged to take stock and adopt a more prudent approach in land purchase and capital allocation.

Making this call was Real Estate Developers' Association of Singapore (Redas) president Chia Ngiang Ho…

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