CCM Group's building contract for Balestier flats terminated
Published on Apr 22, 2014 12:04 PM
SINGAPORE - Construction company CCM Group said on Tuesday that a contract it had been awarded to build a block of flats in Balestier has been terminated.
It had won the $32.3 million contract in August 2011 to build a 23-storey residential development at Jalan Ampas, with a five-storey car park and swimming pool. The project had been scheduled for completion in October last year.
But CCM Industrial, the group's wholly-owned subsidiary, received a notice of termination dated Monday from developer Orion-One Residential, CCM Group said.
The contract was terminated on the grounds of alleged breaches of contract, it added.
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