Lian Beng subsidiary wins $278.5m development contract in Silat Avenue

It will develop 2 blocks of 56-storey apartments with 955 units.

Lian Beng Group’s 60%-owned subsidiary United Tec Construction bagged a contract worth $278.5m from United Venture Development (Silat) for the proposed residential flat development comprising two blocks of 56-storey apartments with a total of 955 units.

According to an announcement, the development has landscape, multi-storey, and basement carparks, communal facilities and additions. It also has alterations to existing five blocks of conserved four-storey flats with 136 units involving new shops and a childcare centre.

The contract period shall be 42 months and is expected to commence in August 2018. As at 23 August 2018, the Lian Beng’s order book stood at approximately $1.2b, which it said, will provide a sustainable flow of activity through FY2022.

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia