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PropertyInvestment

Author: leahlim   |   Latest post: Thu, 27 Feb 2020, 3:28 PM

 

Property developers who tee off together cost government $147 mil a year in land sale revenue: NUS study

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SINGAPORE (Jan 15): A study by the National University of Singapore (NUS) Business School has raised a red flag over property developers who exchange information on the green.
Senior executives of real estate development firms who have informal exchanges with their peers while golfing acquired government land parcels at 14.4% lower bid prices, according to the study.
 
 
 
 

 

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