Wee Hur Holdings has won a $103.6 million project from Singapore real estate investment giant CapitaMall Trust to rebuild Jurong Entertainment Centre.
The project involves constructing a five-storey entertainment and shopping complex with a three-level basement.
The crown jewel of the complex will be an Olympic-size ice-skating rink in the centre of the building. It will be Singapore’s first Olympic-size rink, replacing a smaller one located at the previous Jurong Entertainment Centre.
That rink, operated by Fuji Ice Palace, was one of only two in Singapore. It was the venue for ice-hockey tournaments and the Singapore National Figure Skating Championships.
The previous Jurong Entertainment Centre was closed for redevelopment in February 2008.
Besides the Olympic ice rink, the new complex will house a supermarket, restaurants, retail shops and a multi-screen cinema.
The gross floor area of the building will be 29,433 sq m.
This is Wee Hur’s first project for CapitaMall Trust.
It was secured through subsidiary Wee Hur Construction from HSBC Institutional Trust Services (Singapore), as trustee of CapitaMall Trust.
Wee Hur executive chairman Goh Yeow Lian said: ‘Our ability to be selected by leading property developers demonstrates our established reputation in the industry.’
Construction work starts on March 31 and is expected to be completed by November next year.
Source : Business Times – 24 Mar 2010
The project involves constructing a five-storey entertainment and shopping complex with a three-level basement.
The crown jewel of the complex will be an Olympic-size ice-skating rink in the centre of the building. It will be Singapore’s first Olympic-size rink, replacing a smaller one located at the previous Jurong Entertainment Centre.
That rink, operated by Fuji Ice Palace, was one of only two in Singapore. It was the venue for ice-hockey tournaments and the Singapore National Figure Skating Championships.
The previous Jurong Entertainment Centre was closed for redevelopment in February 2008.
Besides the Olympic ice rink, the new complex will house a supermarket, restaurants, retail shops and a multi-screen cinema.
The gross floor area of the building will be 29,433 sq m.
This is Wee Hur’s first project for CapitaMall Trust.
It was secured through subsidiary Wee Hur Construction from HSBC Institutional Trust Services (Singapore), as trustee of CapitaMall Trust.
Wee Hur executive chairman Goh Yeow Lian said: ‘Our ability to be selected by leading property developers demonstrates our established reputation in the industry.’
Construction work starts on March 31 and is expected to be completed by November next year.
Source : Business Times – 24 Mar 2010
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