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A surprising lack of bids for Bukit Timah and Hillview GLS sites: Are developers less confident?

The bids for two land plots at Bukit Timah and Hillview were a surprise to market watchers this week. These mid-sized plots in proven areas were expected to draw substantial developer attention; especially with new launches seeing continued demand and a low supply of new homes. However, developer interest was lacklustre; and it may be a worry for anyone hoping.

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Bukit-sembawang
Jalan-anak-bukit
Sing-holdings
Civil-engineering-far-east-organization
Sino-group
Residential-hong-leong-holdings
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Singapore-land-group

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