KSH Holdings clinches new S$36m deal for construction of Watten Residences

Construction and property development firm, KSH Holdings, has clinched a new contract worth S$36 million.

It is for the construction of Watten Residences, a luxury 59-unit freehold development in the Bukit Timah area.

Under the terms, the company will start construction works next week and it is expected to complete the project within 25 months.

With the contract, KSH says its existing order book now stands at around S$383 million.

Going forward, the firm says it will continue to maintain a good mix of construction projects across different industry segments.

These include high-end luxury residential projects as well as projects in the public commercial and industrial segments.

Source : Channel NewsAsia – 2 Nov 2009

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