The Building and Construction Authority has awarded three engineers the Design and Engineering Safety Excellence Awards. They were recognised yesterday for their work in designing safe and creative buildings. Ms Joanne Wong, from Meinhardt Infrastructure, was tasked with diverting Stamford Canal so that a new gleaming shopping mall, 313 Somerset could be built over it. At the same time, engineers had to...
Construction
Mainboard-listed BBR Holdings has secured a second contract worth S$139.6 million from the Urban Redevelopment Authority (URA). This is to construct Phase 3B of the Proposed Common Services Tunnel at Marina Bay. The group said the latest contract was awarded to BBR's wholly-owned subsidiary, Singapore Piling & Civil Engineering. The scope of works includes completion of the CST Box Tunnel and...
Construction tender prices in key Asian cities are likely to rise this year as the economy recovers and building activity picks up. According to a report by property and construction consultancy Rider Levett Bucknall (RLB): 'Barring any unforeseen change in global market conditions for the year 2010, Asian construction demand is expected to rebound in tandem with a revival of property...
Construction costs could rise this year more than the 3-5 per cent forecast because of a combination of new factors, says quantity surveyor Davis Langdon & Seah (DLS). In a report released yesterday, DLS says factors such as the increase in the foreign workers' levy and reduction in man-year entitlement, announced in March, could add between one and 2 per cent to construction costs. New iron ore...
LIAN Beng Group yesterday posted a towering 52 per cent increase in nine-month net profit to $17.4 million, from $11.4 million a year earlier. Revenue for the nine months ended Feb 28, 2010, climbed 4.5 per cent from $230.1 million to $240.5 million. The company had earlier posted revenue of $157.6 million and net profit of $11.3 million for the six months ended Nov 30, 2009. Assuming no restatement of...
>MY MOTHER and I live opposite a construction site in Kampong Java Road where work to build a new condominium started over a year ago. My mother suffered a stroke about six weeks ago and needs to rest in order to recuperate. However, an incident has left me concerned about the ability of certain government agencies to act against errant contractors. On March 24, I came home around 8pm to see a number...
Mainboard listed construction company Lian Beng has secured a S$95 million contract from Sing Holdings to build The Laurels. The Laurels is a premium condominium development at Cairnhill Road. This is Lian Beng's third contract within a month, following the company's recent awards to build "Centro Residences" and "Waterbank at Dakota". The value of contracts secured since mid March stands at S$317...
Koon Holdings has entered the public housing market with a S$3.75 million acquisition. Koon, together with JKM Engineers, have bought ECI Corporation (ECIC) from Jasper Investments. The sale and purchase agreement is valued at S$5 million. Koon will have a 75 per cent stake in ECIC while JKM holds the remaining 25 per cent. ECIC is an approved precaster for Housing and Development Board (HDB)...
WEE Hur Holdings has won a $103.6 million project from Singapore real estate investment giant CapitaMall Trust to rebuild Jurong Entertainment Centre. The project involves constructing a five-storey entertainment and shopping complex with a three-level basement. The crown jewel of the complex will be an Olympic-size ice-skating rink in the centre of the building. It will be Singapore's first...
Wee Hur, through its subsidiary Wee Hur Construction, has secured a S$103.6 million project from CapitaMall Trust. This is Wee Hur's first project with CapitaMall Trust. The project involves the enhancement of the Jurong Entertainment Centre. Mr Goh Yeow Lian, Executive Chairman of Wee Hur, said the contract with CapitaMall Trust enlarges the company's portfolio of wide range projects. The contract...