KSH bags $78.7 million to construct Ardmore Three project
It’s a sweet deal that brings the building contractor’s order book up to S$245 million.
Botanica Pte Ltd, a subsidiary company under Wheelock Properties, granted the contract to KSH for the construction of Ardmore Three – an ultra niche 36-storey 84-units development in Ardmore Park.
Under the terms of the contract, KSH will commence construction on the development’s 36-storey residential tower block in June 2011 for a construction period of 27 months. The construction includes basement carparks, swimming pool, communal facilities, and other associated works.
According to the Group's news release, the unfulfilled contract value for all existing contracts on hand is expected to be completed by August 2013.