Lian Beng Group wins S$220m deal with Bartley Ridge
Construction is set to be completed mid-2016.
Lian Beng Group announced that the Group’s wholly-owned subsidiary, Lian Beng Construction Pte Ltd, has clinched a S$220 million contract for the construction of 868-unit Bartley Ridge.
Mr Ong Pak Aik, Lian Beng’s Chairman and Managing Director, commented, “The successful tender for a project at a value of S$220 million boosted our order book to a robust S$884 million as at 25 March 2013.”
The Bartley Ridge project, located along Mount Vernon Road opposite Bartley MRT station, involves the construction of eight 18-storey and one 19-storey residential towers with penthouses, totalling 868 units.
The project also includes basement carparks, landscape deck and communal and clubhouse facilities such as swimming pools, tennis courts and a hydrotherapy oasis.
Bartley Ridge is developed by Mount V Development Pte Ltd, a joint venture of City Developments Limited, Hong Leong Holdings Limited and TID Pte Ltd.
The construction of Bartley Ridge is expected to commence in March 2013 and is due to complete in mid-2016.