Boustead Singapore

[Musicwhiz]

Is this considered as design & build project?
I am wondering whether Boustead has to acquire and pay for the land (site) cost in d&b project?

I suspect this 61 Ubi Avenue 1 is one of the pieces of land which Boustead currently owns (have to check though, from AR to be released soon).

But for other D&B projects, nope I don't think they pay for the land at all. They simply design and build the building which sits on the land, so their costs are confined to the property.