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Lian Beng wins $112.7m contract

Posted on 28 Oct 2009 | Comments Off

LIAN Beng Group has bagged a $112.7 million contract to build The Gale, a freehold condominium in Flora Road.

The design-and-build contract was awarded by Tripartite Developers – part of the Hong Leong Group – and comprises 329 apartment units in nine eight-storey blocks, a basement carpark, a club house, swimming pool and other communal facilities.

Work is expected to start next month and to be completed by November 2012.

The Gale’s design has received the Green Mark Gold Award from the Building and Construction Authority.

‘Securing the contract for The Gale is a timely development for Lian Beng,’ the company said in a filing to the Singapore Exchange.

‘The group recently completed the construction of Ferraria Park, which is on an adjoining plot, thus minimising the resources required for the initial set-up at the new work site.’

The Gale contract comes two months after the company was awarded the job of building Waterfront Key, a 437-unit joint venture development by Frasers Centrepoint and Far East Organization, and will boost Lian Beng’s order book to about $658 million. Continue reading →

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Lian Beng Group bags $112.7m contract to build The Gale Lian Beng Group bags $112.7m contract to build The Gale

Posted on 27 Oct 2009 | Comments Off

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. Continue reading →