The Urban Redevelopment Authority (URA) has awarded the tender for the residential site at Jervois Road to SL Development, which submitted the highest bid of S$118.9 million. The 99-year leasehold site had attracted 17 bids during the tender exercise, which was launched on Dec 22 last year and closed on Feb 2. The 96,423-sq-ft site has a maximum permissible gross floor area of about 135,000 sq ft and is...