Daily Briefing: Local developers lock horns with foreign players; 10 poorest paying banking jobs in Singapore

And here's what you need to know about Woodlands.

From Propwise.sg via Yahoo!: Government Land Sales for residential sites in Singapore recently crossed the S$1 billion mark. A 99-year leasehold site in Stirling Road (Queenstown) was sold at a top bid of S$1.003 billion. The winning consortium is China’s Nanshan Group and Logan Property (a Chinese developer listed in Hong Kong). Nanshan has been eyeing the Singapore property market for a long time. In the past 12 months, it participated in 8 of 11 tenders in Singapore’s land auctions.

From efinancialcareers: Singapore is constantly ranked among the world’s most expensive cities and banking jobs there generally still pay well. If you want to be well rewarded in Singapore in the years after you graduate, it makes sense to go into a career in the finance sector. Or does it? Front-office investment banking and to a lesser extent wealth management remain highly compensated, while compliance and even some risk and accounting roles also pay well. However, if you’re a graduate looking for a career that will help you stay solvent over the long-term in costly Singapore, some parts of banking sector are best avoided.

From PropertyGuru: Once a sleepy town situated at the northern tip of the island, Woodlands has become synonymous with a laid-back lifestyle, food, and vast open spaces. The northern HDB (Housing Development Board) town has light industrial zones located nearby with many employment opportunities. The town continues to attract young families who desire to live close to their parents, while providing them with the chance to reconnect with their childhood days. Moreover, Woodlands continued to attract one of the largest residents among the 26 HDB towns with a population of 242,600 as of end March 2016, per the latest HDB Annual Report 2015/2016.