20/07/2023
Developers have adopted a more cautious approach, considering various factors. With the bidding outcome concluded on July 18th, some individuals might be pondering whether Sim Lian will launch this recent project at a significantly lower psf, due to securing the at a much lower bid, potentially leading to higher profits for buyers upon resale. 🤔
Moreover, how will this impact the sales of the other two projects currently on the market, namely Tembusu Grand and Grand Dunman, both of which have a 99-year leasehold?
THERE was a sharp contrast in demand for two 99-year leasehold residential sites at state land tenders on Tuesday (Jul 18). Read more at The Business Times.