Deciphering real estate markets globally., Rems Advisors

TAN Kok Keong

Deciphering real estate markets globally.

Rems Advisors

Thematic (Sector/Industry)

Singapore Real estate / Thematic (Sector/Industry)

<p>Developers have responded aggressively in the latest Government Land Tender following the strong performance of new residential launches over the past months. In the latest land tender, the highest bid and the number of bidders far exceeded market expectations.</p><h2>Bid at 68% higher than lowest bidder </h2><p>SP Setia submitted the highest bid of S$939 per sq ft of gross floor area for a site at Toh Tuck (a suburban, middle-class location). The bid is 1.8% above the second highest bidder and 68% above the…</p>

Developers have responded aggressively in the latest Government Land Tender following the strong performance of new residential launches over the past months. In the latest land tender, the highest bid and the number of bidders far exceeded market expectations.Bid at 68% higher than lowest bidder SP Setia submitted the highest bid of S$939 per sq ft of gross floor area for a site at Toh Tuck (a suburban, middle-class location). The bid is 1.8% above the second highest bidder and 68% above the…

SP Setia Beats 23 Other Bidders in the Latest Government Land Tender