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...
Construction
There were some 300 reported cases of noise pollution from construction sites last year, nearly double the 160 in 2008. And some firms have taken steps to reduce the noise. One way is by using the "Jack-in-Pile" machine, which uses a hydraulic system for piling works to reduce noise. Another is by pre-casting structures like walls and toilets so those don't have to be built on-site. From September 2011,...
CONSTRUCTION has been a flourishing industry right from the earliest days of modern Singapore. Pioneering building contractors in the 19th century included Lim Loh, who built the Victoria Memorial Hall and the old Parliament House, and Naraina Pillai, the man behind Sri Mariamman Temple, the first Hindu temple here. Immigrant labourers who assembled this city, brick by brick, included Indian convicts...
LIAN Beng Group has bagged a $144 million building contract for a condominium development at Dakota Crescent. The design-and-build contract was awarded by UOL Development (Dakota) Pte Ltd. The development comprises 616 apartment units in three 19-storey blocks and four 20-storey blocks, and a six-storey carpark building with a roof garden, a swimming pool and other ancillary facilities. The project is...
THE noise from construction projects has long been the bane of residents hoping to sleep in on Sundays. But there is hope for some peace soon. From Sept 1, all new projects will have to stop work from 10pm on Saturday to 10am on Sunday. This ban applies to any building project within 150m of a residential area. It also applies to the eve of public holidays and public holidays. The duration of the ban...
From September 2011, construction work will not be allowed near residential areas on Sundays and Public Holidays. Environment and Water Resources Minister Yaacob Ibrahim said this change will be phased in to give the construction industry time to adjust. The number of complaints about construction noise on Sundays and Public Holidays has gone up. Last year, the National Environment Agency received...
Mainboard-listed construction firm Lian Beng Group on Tuesday said its half year net earnings rose 28 per cent to S$11.4 million from a year earlier. This was on the back of a 4 per cent rise in revenue to S$157.6 million for the six months ended November. Lian Beng said the top-line growth was driven by revenue recognition on progress made in the construction of various projects. These include the Ritz...
The construction sector around the world is likely to pick up in 2010 in tandem with the recovering global economy. Accoring to KPMG's 2009 Global Construction Survey, 64 per cent of respondents expect to either increase or maintain profits by next year. The survey sought the view of top management of more than 100 of the world's leading engineering and construction companies. The outlook for the...
Property developer and construction firm Low Keng Huat on Friday said its third-quarter net profit rose 28 per cent on-year to S$16.6 million. Revenue for the three months ended October 31 almost quadrupled to S$205 million, thanks mainly to significant increases in its construction revenue. Its third-quarter construction revenue had jumped more than four-fold year-on-year, due to completions of two...
Mainboard-listed construction firm, Sim Lian Group, said that its first quarter net profit rose 23 percent from a year ago to S$27.6 million. Revenue for the three months ended September edged up 2 percent to S$194.4 million. Sim Lian said that its contract costs fell S$4.6 million despite an increase in revenue in the quarter. This was mainly due to a revision of contract costs for a development...