{"id":101227,"date":"2018-11-14T07:03:31","date_gmt":"2018-11-14T00:03:31","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/developers-use-tenders-to-their-advantage-as-they-seek-to-control-falling-property-prices\/"},"modified":"2018-11-14T08:03:01","modified_gmt":"2018-11-14T01:03:01","slug":"developers-use-tenders-to-their-advantage-as-they-seek-to-control-falling-property-prices","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/developers-use-tenders-to-their-advantage-as-they-seek-to-control-falling-property-prices\/","title":{"rendered":"Developers use tenders to their advantage as they seek to control falling property prices"},"content":{"rendered":"


\nThe recent spike in the number of relatively cheap flats offered through tender is a clever strategy by builders as it helps them to achieve higher prices without harming the reputation of their project in the event of poor sales and also prevents them from openly cutting prices, say market observers.
\nFigures from the Sales of First-hand Residential Properties Authority show that the proportion of new homes put out for tender has risen to 15.6 per cent from 220 in September to 346 in October….
\n
\nSource : South China Morning Post
\nRead more…Developers use tenders to their advantage as they seek to control falling property prices<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The recent spike in the number of relatively cheap flats offered through tender is a...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-101227","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-qkH","jetpack-related-posts":[{"id":72927,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-flats-sold-through-tender-are-likely-to-yield-higher-prices-for-developers\/","url_meta":{"origin":101227,"position":0},"title":"Hong Kong flats sold through tender are likely to yield higher prices for developers","date":"November 26, 2017","format":false,"excerpt":"\r Sale by tender appears to be an effective way of boosting the price of flats in Hong Kong, from The Peak to Lohas Park, as opposed to the open market. About 80 per cent of flats put up for sale through tenders have achieved record prices for their particular\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":103074,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/scenic-site-at-kai-tak-draws-fewer-than-expected-bids-from-property-developers\/","url_meta":{"origin":101227,"position":1},"title":"Scenic site at Kai Tak draws fewer than expected bids from property developers","date":"January 18, 2019","format":false,"excerpt":"\r The fourth residential plot at the city\u2019s former Kai Tak airport, regarded as the most scenic, has missed analyst expectations, as slightly fewer than expected developers submitted tenders on Friday, reflecting downbeat sentiment as home prices come under further pressure. The 117,900 square foot plot, located on land jutting\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123929,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/en-bloc-hopefuls-march-ahead-with-tenders-despite-new-curbs\/","url_meta":{"origin":101227,"position":2},"title":"En bloc hopefuls march ahead with tenders despite new curbs","date":"December 22, 2021","format":false,"excerpt":"\r Despite the increased ABSD rates for developers, tenders for properties such as Lakepoint Condominium, Dublin Lodge, Sixth Avenue Centre, Baode Building, and Hillview Terrace will continue. Projects with ongoing collective sale tender exercise continue as planned even as analysts expect the new property cooling measures to take the wind\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i1.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/12\/singapore-prime-district.jpg?fit=820%2C410&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":92058,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sengkang-central-site-attracts-seven-tenders\/","url_meta":{"origin":101227,"position":3},"title":"Sengkang Central site attracts seven tenders","date":"June 22, 2018","format":false,"excerpt":"\r Location map of the land site at Sengkang Central. Source: URA The tender for a residential and commercial site in Sengkang Central measuring approximately 401,008 sq ft closed on Thursday (21 June) said the Urban Redevelopment Authority. The 99-year leasehold site with a maximum gross floor area of 842,125\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":114047,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/government-review-found-no-sign-of-collusion-among-developers\/","url_meta":{"origin":101227,"position":4},"title":"Government review found no sign of collusion among developers","date":"February 4, 2020","format":false,"excerpt":"\r National Development Minister Lawrence Wong shared that no cases of wrongdoing was found by his ministry. A government-led review has dismissed a claim that developers have been colluding with each other when bidding on Government Land Sales (GLS) tenders \u2013 an act which National University of Singapore (NUS) academics\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":113889,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mainland-chinese-developers-are-returning-to-hong-kong-land-tenders-as-loss-of-appetite-among-local-rivals-brings-prices-down\/","url_meta":{"origin":101227,"position":5},"title":"Mainland Chinese developers are returning to Hong Kong land tenders as loss of appetite among local rivals brings prices down","date":"January 27, 2020","format":false,"excerpt":"\r More mainland Chinese developers will return to the Hong Kong land market as it becomes easier to outbid their local rivals who are holding back amid the city\u2019s gloomy economic outlook, say industry experts.They have already won three government tenders for sites in the current financial year, without having\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/101227"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=101227"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/101227\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=101227"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=101227"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=101227"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}