Tag Archives: Koh Brothers Group

Novena condo to offer smaller units at soft launch

Posted on 21 Oct 2009 | Comments Off on Novena condo to offer smaller units at soft launch

AN UPMARKET freehold condo in the Novena area, that has been adapted to create smaller units than first planned, will have a soft launch tomorrow.
An artist’s impression of Lincoln Suites at night. The average price of a unit is $1,680 per sq ft.

Lincoln Suites is being developed by a consortium comprising Koh Brothers Group, Heeton Holdings, KSH Holdings and Lian Beng Group.

The first phase consists of 56 units located on the 6th to 12th floors at an average price of $1,680 per sq ft. Most of the lower floors are for the project’s 190 car park lots.

As with many developments these days, Lincoln Suites was reconfigured to fit a number of small units – 44 studio units and 22 one-bedders. Prices start at over $800,000 for a small unit. Continue reading →

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Posted in Developers, New Launches, Property Price

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Koh Brothers wins $58.9m HDB contract

Posted on 1 Sep 2009 | Comments Off on Koh Brothers wins $58.9m HDB contract

CONSTRUCTION company Koh Brothers Group has clinched a $58.9 million contract from the Housing and Development Board (HDB) to build the second part of Punggol Waterway – a 4.2km waterway that will be connected to Sungei Punggol.

In January, Koh Brothers won a $144.6 million contract from the HDB for the construction of the first part of the waterway.

The latest contract brings Koh Brothers’ order book to more than $579 million.

Construction of the second part of the waterway is set to start this month and is expected to be completed by the end of next year. Other ancillary works are expected to be completed by the fourth quarter of 2011.

The latest deal is not expected to have a positive material impact on the group’s financial performance for the year ending Dec 31, 2009.

Chief executive Francis Koh said that the company will continue to pursue public infrastructure and government building projects over private construction projects.

‘Our past record shows that public projects carry more certainty in terms of payment compared with private projects,’ said Mr Koh. Continue reading →

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Posted in Developers, HDB

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