Centro Residences

Lian Beng wins $78m Far East condo contract

CONSTRUCTION player Lian Beng Group has won a $78 million contract from Far East Group to build Centro Residences, with completion expected by January 2013. The deal - the second in two weeks for Lian Beng - is for a 34-storey residential tower, multi-storey carpark, clubhouse, swimming pool, playground and ancillary facilities at Far East's condominium development opposite Ang Mo Kio MRT Station. Work is...

Lian Beng wins S$78m construction deal to build Centro Residences condominium

Homegrown developer Lian Beng Group has secured a S$78 million construction deal to build Centro Residences, a condominium development located just opposite Ang Mo Kio MRT Station. The contract was awarded by the Far East Group and covers the construction of a 34-storey residential tower with a multi-storey carpark, clubhouse, swimming pool and playground. Work on the development is expected to start in...

Prices of Nuovo cross $600psf on ‘Centro-effect’

There’s been a spurt in sales at Nuovo in Ang Mo Kio recently, after the executive condominium (EC) crossed the five-year minimum-occupation period. Seven units changed hands from Sept 4 to 11, according to caveats lodged with URA Realis. In 2006 and 2008, there was only one transaction each, and two deals in 2007. Owners who sold recently are taking advantage of the “Centro-effect”, caused by the...

Centro will be released over 3 years

With the residential market picking up strongly, Far East Organization yesterday said it had decided to launch Centro Residences in Ang Mo Kio in phases over the next three years. The reason, it said, was the Government's plan to rejuvenate Ang Mo Kio into a vibrant town. "We see vast potential for the enhancement of real estate values in this area," Far East said in a statement. So far, it has sold...