KSH wins $171.8 mil design and build contract for Biopolis project

SINGAPORE (EDGEPROP) - Developer KSH Holdings has clinched a $171.8 million design and build contract under Biopolis Phase 6 development in one-north and works at the adjacent Buona Vista Node of the rail corridor from HB Universal, a wholly owned subsidiary of Singapore-listed Ho Bee Land.

For the project, KSH will construct the Biomedical Sciences development comprising a 12-storey tower block with two basement carparks, and rail corridor works at North Buona Vista Drive (Queenstown Planning Area).

The proposed Biomedical Sciences project is part of the latest development in one-north, and signifies the Singapore government’s commitment to establish the city-state as a global R&D hub, says KSH. Works on the project are expected to start this month, and be completed within 27 months.

With the project, “our order book is now lifted to over $615.0 million with a desirable ratio of 56:44 in terms of private and public projects”, comments Choo Chee Onn, executive chairman and managing director of KSH.