Tuesday, June 17, 2014

Koh Brothers wins $126.5 mil EC construction contract

Koh Brothers Group today announced Joint Venture company KBD Westwood has won a $126.5 million construction contract for a new executive condominium at Jurong West.

Construction of this executive condominium in Jurong West, Singapore, started on 15 June 2014 and is expected to be completed by 14 June 2017. Works under the contract include the construction, completion and maintenance of six 12/14-storey blocks, two 14-storey blocks and one 13/14-storey block comprising 480 apartment units, ranging from two-bedrooms to five-bedrooms, one multi-storey carpark, common basement carparks, landscape deck and communal facilities.

Koh Brothers does not expect the project to have a material impact on the group’s financial performance for the year ending December 31, 2014.

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