Mainboard-listed construction and property group KSH Holdings Ltd has clinched a S$138.4 million contract to build the Eight Courtyards condominium.
Under the contract awarded by Yishun Gold Ltd, a joint venture (JV) company between Far East Organization (FEO) and Frasers Centrepoint, KSH will be building seven 15-storey and five 14-storey residential towers, with a total of 654 units. In addition, the company will also be constructing two shops, a basement carpark, a level 6 / 7multi-storey carpark and other communal facilities.
“We are delighted to be awarded the Eight Courtyards project by Frasers Centrepoint and Far East Organization,” said Choo Chee Onn, Executive Chairman and Managing Director of KSH Holdings.
“We have worked with both developers on prior projects and are excited to have the opportunity to work with them on yet another quality development. This underscores KSH’s strong track record and excellent reputation in the industry and is testament to our quality services.”
With the new contract, KSH’s existing order book for its construction portfolio now stands at S$360 million. The project is expected to commence in December and expected to be completed within 29 months.
Located at the junction of Yishun Ave 2, Yishun Ave 7 and Canberra Drive, Eight Courtyards is a stone’s throw from Yishun MRT station. It is distinctive, with its eight intimate courtyards and offers residents luxurious living from dawn to dusk.
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