Southeast Asia's largest property developer CapitaLand has submitted the highest bid of S$968.99 million for a vast "white site" property in the Jurong Lake district. The Urban Redevelopment Authority (URA) closed the tender for the site, after receiving five bids in total. The top bid also translates to about S$1,012 per square foot per plot ratio. The next highest bid of S$917 million came from the...
