# Creating new land in Singapore is more valuable than most other places
Private land in Singapore is S$7000/m^2 = S$ 28328020/acre = $19829614 which is comparable to most major metros in the US [America’s Urban Land Is Worth a Staggering Amount - CityLab](https://www.citylab.com/equity/2017/11/the-staggering-value-of-urban-land/544706/)
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