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Breaking Down The Costs Of Development: Is Property Development Unsustainable In Singapore?

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Ryan J

A seasoned content strategist with over 17 years in the real estate and financial journalism sectors, Ryan has built a reputation for transforming complex industry jargon into accessible knowledge. With a track record of writing and editing for leading financial platforms and publications, Ryan’s expertise has been recognised across various media outlets. His role as a former content editor for 99.co and a co-host for CNA 938’s Open House programme underscores his commitment to providing valuable insights into the property market.

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Benjamin Chng
Benjamin Chng
2 years ago

Another thoughts are the developers (overseas) are buying a stakehold in Singapore land (you may question the degree on the completition results empirically) and land sales are done in a manner own by a certain group of players. There are certainly some movement from developers to spike the price up gradually.

At a span of next 50 years..imagine to inflate a country’s land prices up by creating an untoucable dream of owning a condo (which your grandchildren faces a new private property market while having slow growth of a medium salary to unable to match the loan purchase). This is one way to make a country to generate higher labor cost, making potential companies and investors of the future think twice before investing in our nation.

cher
cher
2 years ago
Reply to  Benjamin Chng

How is it related to labour cost?

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