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Monday, December 20, 2010

Land banking is unregulated in Singapore

H88.com.sgThe lack of a regulatory body with regards to land banking could prove to be bad for land-banking investors.Simply put, land banking is a type of an investment where money is invested in an empty plot of land, usually near an expanding city. When the land is sold at a higher price, the investor receives the returns.Surprisingly, there are no rules and regulations that deal with land