Singapore developers stay cautious on sombre economic outlook


Singapore developers cautious

THE tenders for two state-owned plots that closed on Thursday were a mixed bag, with developers keen to open their cheque books for a site in Pine Grove while a mega-site in Dunman Road got a bit of a cold shoulder.

The results reflect the mood among developers, which are keen to bid for sites in areas with pent-up demand but only up to a point, given the high price tags some mega-plots command.

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Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

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Singapore , developers , cautious , homes , Pine Grove , Dunman Rod ,

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