{"id":122293,"date":"2021-09-30T01:56:59","date_gmt":"2021-09-29T18:56:59","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hdb-appoints-new-contractors-for-five-bto-projects-affected-by-greatearths-liquidation\/"},"modified":"2021-09-30T10:22:07","modified_gmt":"2021-09-30T03:22:07","slug":"hdb-appoints-new-contractors-for-five-bto-projects-affected-by-greatearths-liquidation","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hdb-appoints-new-contractors-for-five-bto-projects-affected-by-greatearths-liquidation\/","title":{"rendered":"HDB appoints new contractors for five BTO projects affected by Greatearth\u2019s liquidation"},"content":{"rendered":"


\nHDB appoints new contractors for five BTO projects affected by Greatearth\u2019s liquidationNew contractors have been appointed to take over the construction of five Build-to-Order (BTO) projects that were affected by the liquidation of their previous contractors, announced the Housing and Development Board (HDB) on Wednesday (29 September).
\nTeambuild Engineering & Construction has been appointed as the new contractor for Senja Ridges; Welltech Construction for Sky Vista @ Bukit Batok; CES Engineering & Construction for Marsiling Grove; and Newcon Builders for Senja Heights as well as West Coast Parkview.
\nConstruction works at the five BTO project sites will resume progressively from early October.
\n\u201cWith this, we have been able to minimise the extent of delays for flat buyers \u2013 all five projects will be further delayed by about two to three months, due to the time needed to bring in the replacement contractors, and for them to mobilise their resources to take over and complete the projects,\u201d said HDB.
\nSpecifically, the completion date for Senja Ridges has been moved from Q4 2021 to Q1 2022, Senja Heights from Q1 2022 to Q2 2022 and Sky Vista @ Bukit Batok from Q3 2022 to Q4 2022.
\nThe completion date for Marsiling Grove was also moved from Q4 2022 to Q1 2023, while that for West Coast Parkview was moved from Q2 2023 to Q3 2023.
\nWorks at the five projects have been suspended since 20 August, after Greatearth Corp and Greatearth Construction informed HDB that they faced financial difficulties and were unable to complete the projects despite Government assistance.
\nHDB revealed that it has been working closely with Greatearth as well as their liquidators from PricewaterhouseCoopers Advisory Services over the past month \u201cto bring on board new contractors as quickly as possible to complete the remaining works and reduce the impact on home buyers\u201d.
\nTo speed up the process, HDB shared that it assisted in sourcing for several suitable contractors to take over the projects.
\n\u201cThis has enabled HDB to bring on board the new contractors within about a month, compared with the three to four months it would typically take to call a fresh tender for new contractors to take over the balance of works,\u201d it said.
\nHDB noted that several factors were considered in selecting the replacement contractors, which include their track record, competency and ability to deliver on projects.
\n\u201cOnly contractors who scored well in these criteria were considered, to ensure that they have the capabilities and resources to complete the projects without compromising safety and quality.\u201d
\nPrior to their appointment, the new contractors were also provided with a list of Greatearth\u2019s subcontractors and material and product suppliers so they could work out \u201csuitable arrangements with the replacement contractors to remain on the projects and complete the remaining works\u201d.
\n\u201cThis would also minimise disruption for subcontractors and suppliers, and bring the projects back on track more quickly,\u201d explained HDB.
\nIt added that it will continue to closely work with the new contractors, extending any assistance required to ensure a smooth hand-over and completion of projects.
\nFlat buyers of the five BTO projects have been updated about the appointment of the new contractors as well as the projects\u2019 revised completion dates.
\n\u201cWe recognise and understand that the delays will affect flat buyers and further disrupt their life plans,\u201d said HDB.
\nWith this, affected flat buyers who are \u201cunable to find alternative interim housing arrangements with family members, relatives or on the open market, can apply for temporary housing under the Parenthood Provisional Housing Scheme (PPHS) if they are first-timers\u201d.
\nOn a case-by-case basis, Interim Rental Housing (IRH) will also be offered by HDB \u201cto low-income households with limited family support and without alternative housing options\u201d.
\nHDB said it will consider waiving the forfeiture as well as the one-year wait out period for those who opt to cancel their flat application to purchase a resale flat.
\nEugenia Liew, Senior Digital Content Specialist at PropertyGuru, edited this story. To contact her about this or other stories, email\u00a0eugenialiew@propertyguru.com.sg.\u00a0
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…HDB appoints new contractors for five BTO projects affected by Greatearth\u2019s liquidation<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

HDB appoints new contractors for five BTO projects affected by Greatearth\u2019s liquidationNew contractors have been...<\/p>\n","protected":false},"author":1,"featured_media":122294,"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-122293","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-property-news"],"jetpack_featured_media_url":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/09\/bto-senja-ridges.png?fit=820%2C410&ssl=1","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-vOt","jetpack-related-posts":[{"id":121682,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/buyers-at-five-bto-projects-may-face-longer-wait-times-as-contractors-pulls-out\/","url_meta":{"origin":122293,"position":0},"title":"Buyers at five BTO projects may face longer wait times as contractors pulls out","date":"August 27, 2021","format":false,"excerpt":"\r Buyers at five BTO projects may face longer wait times as contractors pulls outGreatearth Corporation and Greatearth Construction were the main contractors for Senja Ridges, Senja Heights,\u00a0Sky Vista @ Bukit Batok, Marsiling Grove, and West Coast Parkview, as well as\u00a0several other government projects. Source: HDB Housing and Development Board\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/08\/senja-valley-bto-bukit-panjang-crop.png?fit=820%2C410&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":121840,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/construction-firm-greatearth-to-shut-down-business-with-pwc-as-provisional-liquidators\/","url_meta":{"origin":122293,"position":1},"title":"Construction firm Greatearth to shut down business, with PwC as provisional liquidators","date":"September 6, 2021","format":false,"excerpt":"\r Construction firm Greatearth to shut down business, with PwC as provisional liquidatorsGreatearth Corporation and Greatearth Construction were the main contractors for the Senja Heights, Senja Ridges, Marsiling Grove, Sky Vista@Bukit Batok and West Coast Parkview BTO projects, all of which will see a delay. After pulling out of five\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/09\/construction-singapore.jpg?fit=820%2C410&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":122034,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hdb-contractors-to-receive-more-help-for-protection-of-material-prices\/","url_meta":{"origin":122293,"position":2},"title":"HDB contractors to receive more help for protection of material prices","date":"September 16, 2021","format":false,"excerpt":"\r HDB contractors to receive more help for protection of material pricesHDB revealed that it would extend the duration of steel price protection by nine months, up from its earlier extension of four months, to help cushion the impact of price hikes. 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