04.12.2012 - Singapore’s rising prices may become vicious cycle
Property developers in Singapore expect land prices for private homes to continue to increase adding to other problems including increasing development costs and rising unsold units. Private homes in Singapore can no longer be called “mass market” developments and developers have no choice but to participate in the highly competitive land bids, Wong Heang Fine, the president of the Real Estate Developers’ Association of Singapore (REDAS), said...............................................Full Article: Source
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