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LCH Sells 2 Belmont for S$65 Million
29 October 2008
All 16 units in 2 Belmont, an upmarket, four-storey, freehold property in the prime residential district of Holland Road, have been sold.
Acquired for S$22 million in 2006 and redeveloped by LCH, the units were snapped up within two months of achieving TOP in April 2008. The buyers are three Singapore firms controlled by Indian investors from Jaipur.
LCBC Wins Second Contract For Changi Business Park Project
21 August 2008
LCBC has clinched a design and build contract worth SGD 76.5 million from HSBC Institutional Trust Services (Singapore) Limited (HSBCIT) as trustee of Ascendas Real Estate Investment Trust (A-REIT). The project – which is to build an eight-storey tower and a three-storey ancilliary podium at Changi Business Park Avenue 3 on Lot 10474L PT MK 27, is due for completion in the last quarter of 2009.
The award marks the second time LCBC has won a main contract from A-REIT for a Changi Business Park development. Progress of the first SGD 71.8 million contract to build an eight-storey office block and a whole basement carpark, is currently well on track for completion in the first quarter of 2009.
LCBC recognised once again for Construction Excellence
22 May 2008
The BCA Construction Excellence Award (Civil Engineering Category) has been conferred to LCBC for the massive construction of the Influent Pumping Station (IPS). Extending to a depth of 70 metres, its shaft is the deepest in Singapore, and the station required custom-made solutions and superior technology for its construction. IPS is part of the Deep Tunnel Sewerage System at the Changi Water Reclamation Plant, a project by the PUB.
Stadium MRT Station Wins Design Award
21 May 2008
The Stadium MRT Station built by Nishimatsu-Lum Chang JV, clinched the Singapore Institute of Architects Design Award (Industrial, Transport & Infrastructure Category).
Designed by WOHA Architects, it is the first time the award has been accorded to an MRT station. Located adjacent to the National
Stadium in Kallang, it is able to hold surge crowds in its large public plaza.
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