September 15, 2017

Amber Park sale sets freehold enbloc record but Redas president says surging land bids not sustainable

By  KELLY NG SINGAPORE— In a sign developers are increasingly bullish about the private residential property market, two local developers have jointly snapped up the 200-unit Amber Park in Katong, marking the Republic’s largest freehold collective sale by dollar value. The S$906.7 million deal went to City Developments’ (CDL) wholly owned subsidiary Cityzens Development and Hong...