Centurion, a locally-listed dormitory developer, will build a 4,100-bed facility for foreign workers in Woodlands Avenue 10 after winning a land tender by Jurong Town Corp, the company said yesterday. The site has a 30-year lease and sits on a land area of about 102,700 sq ft. Centurion, through its wholly-owned subsidiary Westlite Dormitory, submitted the top bid of S$80.8 million in the tender,...
Centurion Properties
Averic sets out to challenge biggest player in the foreign worker segment TRUST a few good businessmen to sniff out money-spinning opportunities. On the one hand there is Singapore's heavy reliance on foreign workers, and then there is the reluctance of part of the population to share their living environment, as seen with the recent furore in Serangoon Garden estate. But for some this is not so much a...
DESPITE its ups and downs, property appears to be the main investment path for those with surplus cash who want to diversify from their existing businesses. So it was with stockbrokers Han Seng Juan and David Loh Kim Kang when they founded Centurion Properties a couple of years ago. They’re the “David and Han Team” or “The Dream Team”, as they are popularly known in the stockbroking world, due...