A residential site at Tampines Avenue 10 drew 12 bids at the close of the auction on Tuesday (Apr 28), indicating strong demand from developers despite the soft property market. The Urban Redevelopment Authority (URA) said the 15,660.4 square metre 99-year leasehold site attracted a top bid of S$227.78 million from MCC Land (Singapore). This works out to around S$5,194.53 per square metre of gross floor...