Lum Chang wins $85.7m contract for 2 Serangoon Road property

It will reconstruct a property for retail and serviced residence use.

Lum Chang Holdings Limited (Lum Chang) won a contract for building works at an integrated development at 2 Serangoon Road for $85.7m.

According to an announcement, the contract includes the demolition of the existing main block and its reconstruction for retail and serviced residence use.

The adjoining annex will also undergo renovation.

The project is expected to be finished in 2H2019.

The latest award brings the total value of Lum Chang's construction works yet to be reported as revenue to $600m.

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