Wee Hur Construction awarded S$109m contract

Wee Hur Construction has been awarded a public housing works contract worth S$109 million. This will cover the construction of eight residential blocks, an electrical substation, a multi-storey car park, and other services at Yishun Neighbourhood 4.

This will form a precinct named Vista Spring @ Yishun, comprising about 700 units.

As of March 31, the group’s order book stood at approximately S$333.6 million.

The project will commence from June 23 and is expected to completed by March 2014. Revenue from the project will come in mainly in the financial years of 2012 to 2014.

Wee Hur said that the recent call by newly appointed Minister for National Development Khaw Boon Wan for more flats was good news for construction companies like itself.

Source : CNA – 3 Jun 2011

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