Builder Lian Beng Group has bagged a $112.7 million contract for the construction of The Gale, a freehold condominium development located on Flora Road.
The design-and-build contract was awarded by Tripartite Developers and covers the construction of 329 apartment units within nine eight-storey blocks, together with a basement carpark, clubhouse, swimming pool and other communal facilities. Work on the development is expected to commence in November 2009 and be completed by November 2012.
Ong Pang Aik, Managing Director of Lian Beng, said, “We are excited to be able to work with Tripartite Developers on the construction of The Gale, the design of which received the Green Mark Gold Award from the Building and Construction Authority. As an environmentally conscious builder, we also look forward to supporting Tripartite towards fulfilling the stipulated criteria for the award.”
Securing the contract for The Gale is a timely development for Lian Beng. The group has recently completed the construction of Ferraria Park, which is situated on an adjoining plot, thus minimising the resources required for the initial setup at the new worksite.
This contract comes two months after the roup was awarded the job of building Waterfront Key, a 437-unit joint-venture development between Frasers Centerpoint & Far East Organization, and will boost Lian Beng’s order book to about $658 million.
The group’s existing project portfolio includes the development of camp facilities at Kranji, Kovan Residences, Amber Residences, The Ritz-Carlton Residences, Cairnhill Singapore.
The group will continue to actively tender for more construction projects, both in the public and private sectors going forward.
Source : The Edge – 27 Oct 2009
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