Kingsford-led consortium puts in top bid of $1,402 psf ppr for Marina Gardens Lane GLS site

With a 42% difference between the top and second bidder for the new land parcel, just how optimistic are developers?

The interesting thing is when OCR lands have already reached land prices above 1000psf, why are developers bidding so much lower for prime land except for the winning bid?

What are your thoughts?

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