Artist's impression of the latest construction project awarded to Tiong Seng: It comprises two blocks of 8 and 11-storey high-tech industrial buildings in the Telok Blangah Industrial Estate at Depot Road.TWO BIG CONTRACTS have been awarded to mainboard-listed construction group and property developer Tiong Seng Holdings this month.
First, it was a $276 million job awarded by MCL Land Limited to build an executive condominium in Choa Chu Kang.
Just announced yesterday (Nov 18): A $132.4 million contract to construct a high-tech industrial facility in the Telok Blangah Industrial Estate.
Construction for this project -- awarded by DBS Trustee Ltd as trustee of Mapletree Industrial Trust -- starts this month (Nov) as does the Choa Chu Kang condo project.
The Telok Blangah project comprises the erection of two blocks of 8 and 11-storey high-tech industrial buildings.
There will be facilities for manufacturing, product and software development as well as a supporting office space.
With this project, Tiong Seng’s order book has swelled to $1.50 billion, with contracts to be completed by 2020.
With this project, Tiong Seng’s order book has swelled to $1.50 billion, with contracts to be completed by 2020.
Pek Lian Guan, CEO of Tiong Seng Holdings (right), hosted a hairy crab party recently for business associates and friends at Coral Farm in Lim Chu Kang. Photo by Sim Kih.Mr Pek Lian Guan (白連源), CEO of Tiong Seng Holdings, said, “We are pleased to announce our second contract win for the month of November. This is also our second contract from Mapletree Industrial Trust, and is testament to our ability to deliver quality and customized solutions to win the confidence of our customers.
"We hope to further leverage our reputation as leaders in construction technology in order to secure contracts from more reputable international corporations and drive growth in the near future.”
Tiong Seng will be using its extensive precast capabilities for the project.
So far this year, the Group has won 5 contracts amounting to about $942 million.
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So far this year, the Group has won 5 contracts amounting to about $942 million.
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