Developer fatigue becoming more obvious

Recent mass market tenders receive only 5-6 bids.

According to UOB Kay Hian, bidding in recent government land tenders shows that developers still remain cautiously optimistic on sites near MRT stations/better amenities with bids that are in line with or above
market expectations. However, signs of developer fatigue are visible in some of the recent mass market sites with recent tenders receiving a lukewarm response (five -six bids each), although bidding levels have remained in line with market expectations.

"The bids are reflective of developers’ view that demand and prices for sites with better amenities and connectivity are unlikely to correct sharply in the near to mid term," it said.

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia