14 Nov '17, 4am

Bukit Brown road unlikely to be ready this quarter

In order to ease traffic congestion, the LTA has awarded Swee Hong Limited the contract ER 382, Construction of New Road between Adam Flyover and MacRitchie Viaduct. (Photo: Swee Hong) The $134.7 million road in Bukit Brown was originally targeted for completion in end-2017, but motorists and residents affected by the construction will have to wait a little longer for it to finish, reported the Straits Times . In August 2013, the Land Transport Authority (LTA) awarded the contract to build the dual four-lane road connecting Adam Road with MacRitchie viaduct via the Bukit Brown cemetery to Singapore-listed contractor Swee Hong. However, the civil engineering group encountered cashflow issues thereafter, and filed an application to the High Court to deliberate on a debt restructuring plan for its creditors in 2015. While the company announced last July that it had repaid its...

Full article: http://www.propertyguru.com.sg/property-management-news/2...

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