A residential land site at Lorong Puntong attracted 18 bids at the close of a tender by the Urban Redevelopment Authority (URA) on Wednesday (Oct 8). The highest bid of S$173.57 million was submitted by Nanshan Group Singapore Co. Pte Ltd. This works out to about S$731.10 per square foot per plot ratio (psf ppr). The top bid is about 7 per cent higher than the second-highest bid of S$161.9 million by...
