Chip Eng Seng Clinches $32.9mil Upgrading Contract From HDB
The contract connects to the style and develop of improvement plans for some precincts in Singapore– which is, Serangoon Avenue 1/ Cntrl, Blocks 401 – 414; Serangoon Avenue 1/ Central, Blocks 415 to 427; Lengkong Tiga, Blocks 101 to 116 and Ubi Avenue 1, Blks 301, 302, 304, 305 and 306.
During Tuesday 29 December, CES disclosed that the deal will be carried out in two portions, with the 1st segment including the creation’s endorsement along with generating of flyers and polling documents.
The 2nd component will call for the process of upgrading works inside the units in regard to the previously mentioned blocks. For this component, the wrap-up time frame is 1 and half years on the Serangoon as well as Lengkong Tiga districts, as well as 9 months for the Ubi precinct.
“Job for the second component will commence upon drafted advice from HDB,” stated CES.
The firm looks forward to the deal to favorably benefit its gains per allotment along with its net physical properties for the following fiscal year concluding last day of 2021.