KSH wins $70.6m deal for a luxury condo project

Mainboard-listed construction company KSH Holdings has won a new deal from Lippo Real Estate, a subsidiary of Lippo Group, to build a luxury condominium worth S$70.6 million.

The construction firm will build a 36-storey luxury development called Centennia Suites, which will be located along River Valley Road.

After the ongoing Marina Collection development at Sentosa Cove, the S$70.6-million luxury condominium project is the second residential project for the company that has been awarded by Lippo Group.

Construction of the new project is expected to start next month and is scheduled to be completed within 34 months.