Troubled contractor Greatearth closed BTO sites abruptly last week; several subcontractors are owed money

Senja Ridges (left) and Senja Heights (centre) in Bukit Panjang are among the affected projects. ST PHOTO: ARIFFIN JAMAR
New: Gift this subscriber-only story to your friends and family

SINGAPORE - Several subcontractors face heavy financial losses after the shock closure of five Build-To-Order (BTO) projects by troubled construction company Greatearth last week, The Straits Times (ST) understands.

The firms could not only miss out on the contracting fees owed them by Greatearth but they are now locked out of sites, so they cannot retrieve valuable building material such as steel components.

Already a subscriber? 

Read the full story and more at $9.90/month

Get exclusive reports and insights with more than 500 subscriber-only articles every month

Unlock these benefits

  • All subscriber-only content on ST app and

  • Easy access any time via ST app on 1 mobile device

  • E-paper with 2-week archive so you won't miss out on content that matters to you

Join ST's WhatsApp Channel and get the latest news and must-reads.