Lian Beng has successfully been awarded the contract to build the new condo in Serangoon, next to Nanyang Junior College and Lorong Chuan MRT station, named – The Scala. This leasehold condo project is developed by Hong Leong Group.
Lian Beng received the S$119.5 million contract to build five towers (about 17-18 stories high).
Work on The Scala is expected to commence in October and be completed by the fourth quarter of 2013.
This is the second building contract Lian Beng clinched since June this year. In late June, Lian Beng was awarded an S$88.3 million contract by UOL Development to build a 36-storey residential development at Spottiswoode Park Road.
Lian Beng seems to be getting quite a few jobs, and with the property market showing no signs of easing up, more is yet to come.