KSH Holdings signs S$138.4 million contract with Yishun Gold

The deal is for the construction of Eight Courtyards – a 99-years leasehold condominium development in Canberra Drive.

According to a statement, with this new contract win, the existing order book of the Group’s Construction business now stands at approximately S$360 million. The project is slated to
commence in December 2011 for a duration of twenty-nine months and the unfulfilled contract value for all existing contracts on hand is expected to be completed by May 2014.

Located at the crossroads of Yishun Ave 2, Yishun Ave 7 and Canberra Drive, Eight Courtyards is a stone’s throw from Yishun MRT station and other stellar amenities. Eight Courtyards is distinctive with its intimate eight rejuvenating courtyards and complete condominium facilities, offering residents a refined luxurious living from dawn to dusk.

Under the terms of the contract, KSH will be building five blocks of 14-storey and seven blocks of 15-storey residential buildings with a total of 654 units. In addition, the Group will also be constructing the basement carpark and a 6/7 level multi storey carpark, two shops and other communal facilities.