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Daily Briefing: How high can mortgage rates go?; $1.67b top bid for mixed-use Paya Lebar site

And old Tanjong Pagar station to open on Good Friday.

  • In just over a year typical mortgage rates have gone from closer to 1 per cent to closer to 2 per cent, an effective doubling. The natural question then is – how high can SIBOR and hence mortgage rates go? Read more here.

  • A large scale mixed-use development site at Paya Lebar Road/Sims Avenue attracted six bids at the close of its tender yesterday, revealed the Urban Redevelopment Authority (URA). Find out more here.

  • The former Tanjong Pagar Railway Station will open its doors to the public on Good Friday from 9am to 6pm, announced the Singapore Land Authority (SLA). Read more here.



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