
Developer’s hunger for land has clearly translated into more intense bidding for sites sold under the Government Land Sales (GLS) programme, with more throwing their hat in the ring and the winning bidders footing price premiums that are higher than those for comparable sites sold earlier.
Source: http://www.businesstimes.com.sg/real-estate/intense-bidding-for-gls-sites-to-continue-analysts-expect-bigger-supply-in-h2?xtor=CS3-25






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