SINGAPORE (Aug 23): Lian Beng Group announced its 60%-owned subsidiary, United Tec Construction, has secured a contract from United Venture Development (Silat) for the development of a residential flat in Silat Avenue worth about $278.5 million.

The residential flat comprises two blocks of 56-storey apartments, with a total of 955 units, along with landscape, multi-storey and basement carparks, communal facilities, as well as additions and alterations to existing five blocks of conserved four-storey flats involving new shops and childcare centre.

Read more on The Edge Singapore.