THE Urban Redevelopment Authority (URA) has awarded the tender for the residential site at Choa Chu Kang Drive to Tian Hock Properties Pte Ltd.

The company submitted the highest bid of $116 million in the tender for the 99-year-lease site, covering 19,000 sq metres.

This works out to $2,180 psm of the gross floor area of 53,200 metres.