That’s how I would feel, if I were the consortium of developers that won the recent bid for a Marina white site. GuocoLand, Intrepid Investments and TID Residential recently put in a bid for $984 psf for a leasehold plot at Marina Gardens Crescent. This land parcel, which is expected to yield around 775 new homes plus a commercial segment, has a waterfront view of the Strait; and it’s within close proximity of Marina Bay Sands. Under normal circumstances, a bid of $984 psf would get you nothing more than a transcript of a government agent laughing. But in this case, the consortium has more or less won the bid, because of a major factor called “no one else bothered.” And some may say that winning this may come with the sort of prize you “win” during BMT in Tekong (i.e., the reward is 200 extra push-ups). While it is not yet known if the Government will award the site at $984 psf...