Video description from @alanweeproperty
Land Cost - How much has it increased over the years and how will it impact you?
Land costs make up a significant part of the selling prices for new homes. If the land cost is high, coupled with high construction costs. This will indirectly translate to higher selling prices for home buyers like yourself. Are you curious how much land cost has increased over the years? And how will it impact you as well. If you are currently owning a resale property.
I will study typical condo land sales to EC to mixed development.
Alan Wee
CEA Reg No. R024730A
https://wa.me/+6592973150
www.AlanWeeProperty.com (Resale)
www.AlanWee.com (New Homes)
youtube.com/@alanweeproperty
FB: www.facebook.com/AlanWeeProperty
I am a licensed housing agent with ERA Realty Network Pte Ltd.
References:
https://www.edgeprop.sg/property-news/uol-singland-and-capitaland-consortium-submits-highest-bid-885-psf-ppr-tampines-avenue-11-mixed-use
https://www.edgeprop.sg/property-news/allgreen-properties-previews-pasir-ris-8-integrated-development
https://www.ura.gov.sg/Corporate/Guidelines/Circulars/dc22-09