THE tender for a 99-year leasehold residential plot in Upper Thomson Road closed on Thursday with six bids.

The top bid came from Treasure Well Investments, at $251.34 million, or about $533 per sq ft of gross floor area.

Other bidders are Tuas Hi-Tech Park, Sim Lian Land, Frasers Centrepoint, CEL Development and First Changi Development.

The 2.08 ha plot is near Lower Peirce Reservoir Park and Bishan Park.