LONDON (dpa-AFX) - Royal Mail Plc (RMG.L) Thursday reported a higher fiscal
2014 profit, reflecting parcel revenue growth in UKPIL and in GLS. The company
noted that competitive environment on the parcels side is more intense. The
The Urban Redevelopment Authority (URA) and the Housing and Development Board (HDB) have released a commercial and residential site, and a residential site respectively for sale under the Government Land Sales (GLS) Programme.
The location of several sites in the upcoming government land sales programme could put pressure on some developers -- especially those with unsold private residential units or yet-to-be launched projects in the area.
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