The Housing and Development Board (HDB) received just two bids for a residential site at Yishun Ave 2 and Yishun Ave 7. The higher offer of S$229.4 million came from a joint bid by two companies - Nam Hee Contractor and FCL Topaz. That translates to about S$311 per square foot per plot ratio. The second bid came from a firm, Perfect Eagle, which offered S$196 million. The land parcel has a site area of...
