Chip Eng Seng Clinches $32.9mil Upgrading Contract From HDB

The written agreement links to the concept and produce of upgrading jobs for some area in S’pore– particularly, Serangoon Avenue 1/ Cntrl, Blocks 401 – 414; Serangoon Avenue 1/ Cntrl, Blks 415 to 427; Lengkong Tiga, Blocks 101 – 116 together with Ubi Ave 1, Blks 301, 302, 304 – 306.

During 29 Dec 20, Chip Eng Seng informed that the contract is going to be completed in two parts, with the first part comprising the design’s approval including producing of catalogs as well as ballot documents.

The following portion is going to include the mission of improvement efforts inside the units consisting of the previously mentioned blks. Concerning this portion, the fulfillment duration is 1.5 yrs to the Serangoon and Lengkong Tiga area, as well as nine calendar months for the Ubi district.

Ryse Residences floor plan

“Job for the 2nd portion are going to commence upon written ruling coming from HDB,” revealed Chip Eng Seng.

The company looks ahead to the written agreement to efficiently help in its revenues per allotment along with its after deductions substantial possessions for the next fiscal year as at 31 December 2021.


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