Sim Lian: Announce that it has submitted a tender for land parcel at Tampines Central 7 for Executive Condominium Housing Development and has emerged as the top bidder with a tender price of $278.8m If Co. is awarded the land tender, it would likely build an estimated 660 units on this site. The units will be a range of two to four bedroom apartments. The tender is currently under evaluation by HDB….
Deutsche maintain cautious stance on the residential developers with preference for the commercial players such as KepLand, CCT and Suntec.
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