Chip Eng Seng Real Estate in Housing and Private Properties
Chip Eng Seng Corporation is an award-winning construction and property group. While Chip Eng Seng Contractors Pte. Ltd handles the construction business of the group, Chip Eng Seng Engineering and Construction Pte. Ltd. On the other hand, CEL Development Pte. Ltd is in charge of property investment and development.
It was founded in the 1960s by Mr. Lim Tiam Seng; the company started as a building subcontractor for conventional landed properties including bungalows, terrace housing, and shophouses. Notably, the company grew within a few years and took on jobs as the main contractor, thanks to its quality work and competitive pricing. The company’s reputation grew earning it the first project from the Singapore Housing and Development Board in 1982.
Chip Eng Seng Real Estate Projects in Singapore
With the rapid growth of Singapore’s public and private sectors, the business grew to achieve new levels of success. Having complied with the Housing and Development Board’s requirements, the company shifted from private property construction to public housing construction.
Chip Eng Seng was incorporated in October 1998 with the aim of a potential public listing. Notably, the Group underwent restructuring on November 2, 1999, upon the in-principle approval receipt for listing on the Singapore Exchange Securities Trading Limited. As a result, the partially-owned subsidiaries became fully owned by Chip Eng Seng, a move that saw its shares rise to $1 twenty million shares. The shares were then subdivided into $0.05 four hundred million shares. Having this done, November 24, 1999, marked the admission of Chip Eng Seng to the official list of the Singapore Exchange Securities Trading Limited. The latest project at Kampong Java Road is Kopar at Newton and is located near to Newton MRT Station. More info on Kopar at Newton is at the CEL Website.
Chip Eng Seng Experience in Housing and Private Properties
Chip Eng Seng Corporation has over thirty years of experience in the construction industry. The company’s mission is the commitment and delivery of quality housing. The experience gained has been built on a reputation as well as track record as one of the high-contract-value project’s specialists in Singapore. The company has also gained a reputation from the ‘Design and Build’ contracts having completed several such projects for well-known developers.
Chip Eng Seng High Quality Construction in Choa Chu Kang and Bukit Panjang
The company has built its name on the high standard quality in construction. The experience gained by the managerial team and staff has helped the team complete its projects ahead of schedule without compromising the quality and standards. Through constant maintenance and upgrades of their equipment, the company guarantees efficiency in the execution of projects. Their latest project is located at 71 Phoenix Avenue and is the former Phoenix heights. It is located near to Bukit Panjang as well as Choa Chu Kang.
Chip Eng Seng has earned a reputation as one of the best contractor and company in Singapore. One of the government states board has recognized the company as a good and experienced building contractor. Additionally, the company has won awards nearly every year for its quality work. Some of the awards include ‘Most Transparent Company- Construction Category’ of the Investors’ Choice Awards among an endless list of annual awards.