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More land supply for developers but prices will remain lofty

PC Lee
PC Lee6/30/2017 3:21 PM GMT+08  • 2 min read
More land supply for developers but prices will remain lofty
SINGAPORE (June 30): DBS says the increase in land supply would be positive for developers if they submit winning bids to replenish their land banks.
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SINGAPORE (June 30): DBS says the increase in land supply would be positive for developers if they submit winning bids to replenish their land banks.

However, given increased competition from both local and foreign developers, DBS believes land prices will remain lofty.

This means developers who have already added to their land banks will have an advantage over the others.

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