Lian Beng secures $278.5 mil contract to develop residential flat in Silat Avenue

SINGAPORE (Aug 23): Lian Beng Group announced its 60%-owned subsidiary, United Tec Construction, has secured a contract from United Venture Development (Silat) for the development of a residential flat in Silat Avenue worth about $278.5 million. 

See: Lian Beng buys 60% stake in United Tec Construction for $0.2 mil

The residential flat comprises two blocks of 56-storey apartments, with a total of 955 units, along with landscape, multi-storey and basement carparks, communal facilities, as well as additions and alterations to existing five blocks of conserved four-storey flats involving new shops and childcare centre.

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