Wednesday, August 25, 2010

Another land sale record broken

Does releasing more land reduce the price of land? Like what I said in my previous post, no chance man. It is rare that a record is not broken during a land sale. The winner for Miltonia Close bidded 31% higher than the second highest bidder. The final price should be around $700-$800 psf.

Guess where is Miltonia Close? In the middle of nowhere. Look at the Google Map location here.

Ridiculous right?

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