KSH Holdings secures $121m luxury condo development contract

KSH Holdings has secured a S$121 million contract to construct luxury condominium development Seascape at Sentosa Cove.

This project puts its order book at more than S$614 million.

The contract was signed by the construction, property development and management group’s subsidiary Kim Seng Heng Engineering Construction. The deal was awarded by Seaview, a company co-owned by Ho Bee Investment and IOI Land Singapore.

The project will have two blocks of 8-storey residential flats. Comprising 151 units, the condominium development comes with attached attics, a basement car park, swimming pool and communal facilities.

Construction work is scheduled to commence in April 2008 and expected to be completed within 28 months. – CNA /ls

Source : Channel NewsAsia – 12 Mar 2008

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