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Why did a prime housing site on Upper Thomson Road receive zero bids? This unexpected outcome has sparked discussions about the shifting dynamics of Singapore’s property market. Our latest article uncovers key insights, including: ✅ Rising construction costs impacting developers’ profitability. ✅ Buyer sentiment shifting amid high interest rates and affordability concerns. ✅ Strategic considerations as developers reassess risk in competitive market conditions. What does this mean for the future of real estate in Singapore? Find out how these factors could reshape the market and what opportunities might lie ahead. Don't miss the full story here: https://lnkd.in/gYPatC6b #DataSense #PropertyGuruForBusiness #PropertyGuruGroup #SingaporeProperty #UpperThomsonRoad Nai Jia Lee Min Min Chew Timothy Lee