{"id":102034,"date":"2018-12-05T11:09:22","date_gmt":"2018-12-05T04:09:22","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/sysma-holdings-awarded-18-6m-contract-to-build-two-storey-house\/"},"modified":"2018-12-05T11:14:12","modified_gmt":"2018-12-05T04:14:12","slug":"sysma-holdings-awarded-18-6m-contract-to-build-two-storey-house","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sysma-holdings-awarded-18-6m-contract-to-build-two-storey-house\/","title":{"rendered":"Sysma Holdings awarded $18.6m contract to build two-storey house"},"content":{"rendered":"


\nSysma Holdings is known for building high-end landed homes in Singapore.\u00a0
\nSysma Holdings, via its fully owned subsidiary Sysma Construction, has secured an $18.6 million contract with a property owner to build a two-storey detached house at 28 Jalan Kampong Chantek.
\nIn an SGX filing, the catalyst-listed builder revealed that the property will feature a basement, an attic and a swimming pool.
\nIt noted that the 20-month contract will commence once a demolition permit is issued by the relevant authority.
\nMore:\u00a010 Facts About Good Class Bungalows
\nLast year, the Business Times reported that the freehold property was bought by Super Group co-founder Ronald Te for $27.59 million, or $1,003 psf on its land area of 27,504 sq ft.
\nThe existing two-storey house comes with seven bedrooms, an attic and a swimming pool. With a built-up area of around 11,000 sq ft, the vacant house sits within the Swiss Club Road Good Class Bungalow Area.
\nSysma Holdings does not expect the contract to materially affect the group\u2019s earnings per share or net tangible assets per share for the financial year ending 31 January 2019.
\nFind\u00a0landed houses for sale\u00a0or read our\u00a0buying guides. Can you afford a landed house? Check your\u00a0affordability\u00a0now.\u00a0
\n\u00a0
\nRomesh Navaratnarajah, Senior Editor at PropertyGuru, edited this story. To contact him about this or other stories, email\u00a0romesh@propertyguru.com.sg
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…Sysma Holdings awarded .6m contract to build two-storey house<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Sysma Holdings is known for building high-end landed homes in Singapore.\u00a0 Sysma Holdings, via its...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-102034","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-qxI","jetpack-related-posts":[{"id":81992,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/geylang-freehold-sites-bought-for-60mil\/","url_meta":{"origin":102034,"position":0},"title":"Geylang freehold sites bought for $60mil","date":"March 6, 2018","format":false,"excerpt":"\r A joint venture (JV) between Heeton Holdings, Lian Beng Group and KSH Holdings has completed the acquisition of several freehold land parcels at 31 to 51 (odd) Lorong 24 in Geylang for a total of $60 million on Monday (5 March). 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The Antares \u2013 a project of a joint venture consortium comprising Hock Lian Seng Holdings, Keong Hong Holdings, and TA\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":79001,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/oxley-acquires-geylang-land-for-13m\/","url_meta":{"origin":102034,"position":2},"title":"Oxley acquires Geylang land for $13m","date":"February 6, 2018","format":false,"excerpt":"\r Oxley intends to develop a mixed-use project on the site called Sixteen35 Residences.\u00a0 Oxley Holdings, via its fully-owned subsidiary Oxley Pearl, has acquired a 99-year leasehold site from Huang Shi Zong Hui (Singapore) for $13 million. Located at 16 Lorong 35 Geylang, the land area measures about 2,219.6 sq\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":96728,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/ksh-secures-266-3mil-contract-to-build-riverfront-residences\/","url_meta":{"origin":102034,"position":3},"title":"KSH secures $266.3mil contract to build Riverfront Residences","date":"August 27, 2018","format":false,"excerpt":"\r KSH Holdings has been awarded a $266.3 million contract to develop Riverfront Residences in Hougang. \u00a0\u201cWe are pleased that the project has so far resonated well with the market as the consortium continues to monitor the market carefully to push sales appropriately at the right prices.\u201d \u00a0The contract will\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":110539,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-antares-to-open-for-preview-with-units-priced-from-789000\/","url_meta":{"origin":102034,"position":4},"title":"The Antares to open for preview with units priced from $789,000","date":"September 6, 2019","format":false,"excerpt":"\r Prices for the units start from $789,000 for a one-bedroom unit, $1.125 million for a two-bedroom unit, and $1.55 million for a three-bedroom flexi unit. 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