04 Apr '11, 3pm

Tiong Seng wins S$192m contract from HDB

Tiong Seng wins S$192m contract from HDB

SINGAPORE : Mainboard-listed construction group Tiong Seng Holdings has won a S$192 million contract from the Housing and Development Board (HDB) for the construction of Waterway Terraces in Punggol West. The building contract includes construction of electrical substations, car parks, a mini-market and ancillary shops, an education centre, child care centre, residents' community centre, student care centre, a green rain garden, linkways and related civil engineering works, the company said. The 1,072-unit Waterway Terraces forms part of HDB's three projects launched in June 2010, and is an award-winning "First Waterfront Housing" project situated along the Punggol Waterway. The project is designed with eco-friendly features in line with HDB's plans to develop Punggol into an eco-town. Waterway Terraces has already been conferred the Green Mark (Platinum) Award for its eco...

Full article: http://www.channelnewsasia.com/stories/singaporebusinessn...

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