Chip Eng Seng Corporation says wholly-owned subsidiary CES Engineering and Construction has been informed by Punggol Field EC that its $142 million bid for building works has been accepted.

Punggol Field EC is a 40% and 60% joint venture between CEL Development Pte Ltd and Choicehomes Investments respectively.

The contract is for the development of 680-unit executive condominium housing comprising 10 blocks of 17-storey apartments with landscaped deck, common basement carparks and communal facilities at Punggol Field / Punggol Road.