The Housing and Development Board (HDB) has closed the tender for a residential site at Punggol Drive/Punggol East after receiving four bids. The highest bid of S$136 million for the site came from Qingdao Construction. That translates to about S$237 per square foot per plot ratio. The next highest of S$133 million came from joint bidders Hoi Hup Realty, Sunway Developments and SC Wong Holdings. Li Hiaw...