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Singapore Developers Shun Land Auctions As Housing Demand Slumps

The government got only two bids for a prime residential site near the Orchard Road shopping belt, adding to signs of a deepening slump in the housing market.

By: Forbes

Jul 19 2024
1
300 Views

Singapore Developers Shun Land Auctions As Housing Demand Slumps

People passing near Singapore's financial district.
AFP via Getty Images
The government got only two bids for a prime residential site near the Orchard Road shopping belt, adding to signs housing d… [+1719 chars]

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A Novara lo stabilimento di Silicon Box