Chip Eng Seng unit wins bid for Punggol EC project

Construction and property group Chip Eng Seng Corporation has announced that the $142 million bid for building works offered by its wholly-owned subsidiary CES Engineering and Construction has been accepted by Punggol Field EC.

The bid is for the development of a 680-unit executive condominium at Punggol Field / Punggol Road. The development comprises 10 blocks of 17-storey apartment units with common basement carparks, communal facilities and a landscaped deck.

Punggol Field EC is a 60% and 40% joint venture project between Choicehomes Investments and CEL Development Pte Ltd, respectively.