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URA's request for en bloc tender details intrigues market

The agency is asking agents marketing collective sales for details of bidders and respective bid prices

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"The first thing (the government) can do without disrupting the market too much would be to introduce more sites on the confirmed list of the next GLS (Government Land Sales) Programme." - Dr Lee Nai Jia of Edmund Tie & Co on the least disruptive cooling measure

Singapore

THE Urban Redevelopment Authority (URA) is seeking detailed information on the tender results of private-sector en bloc sales from marketing agents, including the names of all bidders and their bid prices.

Some market watchers think it may be gathering information with...

sentifi.com

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