What is the breakeven cost for Sengkang Grand?

The breakeven cost for Sengkang Grand Residences is estimated to be around $1,400 per square foot (psf). This calculation takes into account all the costs involved in developing the site, including construction, land financing, legal and taxes, and marketing expenses, given the land was secured at a tender bid of $777.78 million for the 99-year leasehold site with a plot ratio of 2.1.