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Regions Singapore

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 08 2024
  • 75
  • 345 Views
Singapore Developers Shun Land Auctions As Housing Demand Slumps
Singapore Developers Shun Land
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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