Developers may face greater pressure on margins given the latest hikes in development charges (DC).
While this should keep future land bids in check, it could also have an impact on the prices of future projects, if developers are able to preserve their profit margins by launching projects at higher prices.
Already a subscriber? Log in
Read the full story and more at $9.90/month
Get exclusive reports and insights with more than 500 subscriber-only articles every month
ST One Digital
$9.90/month
No contract
ST app access on 1 mobile device
Unlock these benefits
All subscriber-only content on ST app and straitstimes.com
Easy access any time via ST app on 1 mobile device
E-paper with 2-week archive so you won't miss out on content that matters to you
