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Singapore rejected a bid for a prime state land parcel for the first time in more than a decade

Byebye Penis

Alfrescian
Loyal
We need to understand why developers sianzz now.

Our levy on foreign workers, cost of housing the construction workers, various development charges, costs to comply with regulations, COE (Transport) and GST are too high.

Cost of land is not the sole cost. Every step, every thing they do, our government takes money from them.
 

Byebye Penis

Alfrescian
Loyal
In the end what happens? Cost of building new homes are more expensive, some builders cut corners and we got to pay more.
 
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