October 5, 2017

Question mark over sustainability of land bids

Freehold condominium Amber Park fetched $906.7 million yesterday in a collective sale, the latest of several big-money transactions, but industry bigwigs are at odds over whether the residential market is heading for a major rebound. The record sale for a freehold site, clinched by City Developments Limited, comes on the heels of a string of large collective sale deals, including Tampines Court at $970...