KOH Brothers Group granted $63.15mn contract
The contract was awarded by Phileap Pte Ltd. for condominuim development at Khiang Guan Avenue.
In a statement, Koh Brothers said, With this new contract win, the Group’s existing contracts in hand now stand at approximately S$388 million.
Under the terms of the contract, the Group will commence construction, completion and maintenance works on the 175-unit Lincoln Suites including a six-deck multistorey car park block, two levels of Sky Terraces, Swimming Pool and other communal facilities. Work on the site commenced on March 11, 2011 and construction period will take approximately 27 months.
Managing Director and Group CEO of Koh Brothers, Mr Francis Koh said, “we are pleased to be awarded the construction contract for Lincoln Suites for which we are jointly developing with Heeton Holdings, KSH Holdings and Lian Beng Group. This latest win is testament to our Group’s complementary strength in the Construction and Building Materials division. Over the years, Koh Brothers as a brand name has become synonymous with iconic infrastructure projects such as Marina Barrage, with a proven track record and established reputation for quality. It is on this note that we commence our 46th year of operations and will strive to uphold the good name of our Group.”