Amberwood: Is $1,432 PSF/PPR Really Your Floor?
Sim Lian bid $1,432 psf/ppr — 22% above the next bidder — for Holland Link in August 2025. Breakeven ~$2,587 psf, ASP floor $2,975–$3,104 psf. Holland Plain Plot 2 already awarded at $1,491 psf/ppr. Here is what the land cost tells you about downside risk.