The Urban Redevelopment Authority (URA) has awarded the tender for the residential site at Pasir Ris Drive 3 to Capital Development Pte. Ltd. The company submitted the highest bid at S$211.0 million in the tender for the site. The tender attracted a total of five bids. The residential site was launched for sale by public tender on 16 April 2012 and closed on 5 June 2012. The land parcel was offered...
