Singapore is preparing to build its tallest public housing project yet with some blocks rising above 60 storeys in the historic Chinatown area, in a sign of the city state pushing for higher density in prime areas to meet demand.
Such super-tall developments are unlikely to become the norm, according to analysts, who cite higher construction costs, site constraints and tighter regulations aimed at preventing centrally located flats from becoming speculative investments.
Singapore would build the…
With some Singapore flats above 60 storeys on the horizon, will owners face tighter curbs?
