https://www.theedgesingapore.com/cap...bbLCsiUrrf6Ygo
DBS is estimating a gross margin of up around 12% - 17% for the project, which the team views as “very decent” given the current climate. Total project costs are estimated close to $1.15 billion, implying a break-even of around $2,300 – $2,350 per square foot.