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DINGS (S) LTD
ANNUAL REPORT 2015
stage of installation, BBR is on target
to achieve an overall manpower
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compared to conventional design.
In July 2015, BBR successfully
secured its second PPVC contract
from main contractor Santarli –
Zheng Keng JV, for the erection of
one block of 11-storey and three
blocks of 13-storey student hostel
development at Nanyang Crescent,
NTU (Western Water Catchment).
Consisting of 712 hostel rooms, the
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quarter of 2017.
With respect to the construction of
residential units at The Wisteria in
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Avenue 4, PPVC and prefabricated
bathroom units are required to be
adopted for at least 65% of the
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units, respectively. This move is
part of the government’s initiative
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methods and building design to
improve construction productivity,
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the Group’s PPVC business.
Deploying the PPVC system will
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in terms of a breakthrough in labour
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Singapore construction and building
industry is at a crossroad whereby
it is challenged by the tight labour
market and increased foreign worker
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the construction industry’s initiative
to promote green sustainability in
the built environment as well as
greater environmental awareness in
Singapore.
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Throughout the year, we have
been actively involved in a number
of post-tensioning and structural
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and Malaysia. Malaysia contributed
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in FY2015, compared to 15% in
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engineering works, in particular for
bridge construction, puts us in good
stead to tap on the strong demand for
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Across the causeway, noteworthy
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Terengganu, Malaysia with combined
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awarded by Class “A” Bumiputra
Contractors to BBR Construction
Systems (M) Sdn. Bhd., a Malaysia
subsidiary which is 80% owned by
the Group.
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of Pulau Sekati Bridge across
Sungai Terengganu and Pulau
Sekati, providing an access link
from Kuala Terengganu to Telok
Pasu and Jeram, Malaysia. There
will be two bridges side-by-side,
with bridge lengths of 174-metre and
600-metre each, including a walkway
for pedestrians. The target date of
completion is April 2017.
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design and construction of a new
marina base at Pulau Poh and the
bridge connecting Pulau Poh to
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Kenyir Lake in Terengganu. Targeted
for completion in June 2017, the
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construction of main facilities, such
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the strength of our strong track record
and have certainly marked a new
milestone in our decade of strong
track record of general construction
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in Malaysia.
P
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ERTY DEVELOPMENT
BBR ventured into the property
development segment in 2003
and carved a niche for itself as a
boutique developer of contemporary
residential properties. This year, BBR
has steadily broadened its stronghold
in the property development business
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and residential development in
Yishun, Singapore.
The
revenue
from
property
development amounted to $58.6
million and constituted 13.8% of total
revenue for FY2015.
Bliss @Kovan, a freehold site,
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storey condominium with 140 units
of superior design concept and
received Temporary Occupation
Permit (“TOP”) in November 2015.
The development is 100% owned by
the Group and is 96% sold.
NTU Hall of Residence (Nanyang Avenue)
