• Published Date: 26 Aug 2021

            Greatearth Corporation Pte Ltd and Greatearth Construction Pte Ltd (hereafter referred to as Greatearth), the main contractors for five Build-to-Order (BTO) residential projects have informed HDB last week that they are unable to continue with the projects. The details of the five BTO projects are as follows:

     Project Name No. of Blocks and Units of Flats  Current Probable Completion Date 
     Senja Ridges 1 block
    230 units
    4Q 2021
     Senja Heights 2 blocks
    552 units
    1Q 2022
    Sky Vista @ Bukit Batok   2 blocks
    257 units
    3Q 2022
     Marsiling Grove 5 blocks
    1,246 units
    4Q 2022
     West Coast Parkview 3 blocks
    697 units
    2Q 2023

     

    2     Greatearth has informed HDB that it has run into financial difficulties, and despite the government assistance provided, is unable to complete the five BTO projects under its management. HDB had also explored possible options to resolve Greatearth’s challenges, such as through advance payments, but Greatearth does not have the financial ability to continue its operations. Since 20 Aug 2021, all work at the five sites has been suspended. Prior to this, the progress of works was satisfactory, and there was no sign of work slow-down or any sudden reduction of supplies or workers on-site.

     

    3     HDB is working closely with Greatearth to bring on board new contractors as soon as possible to complete the remaining works. In the meantime, HDB has arranged for contingency contractors to secure the worksites and carry out housekeeping and vector control until the new contractors are appointed.

     

    4    The construction industry is one of the sectors worst-hit by the COVID-19 pandemic. More than 18 months after COVID-19 first hit our shores, the challenges of work slow-down due to onsite Safe Management Measures, shortage of construction workers and disruptions to the materials supply chain remain. Against this backdrop, HDB has been leaning forward to support our contractors to minimise delays to BTO projects (see Annex for more details), while engaging and helping affected flat buyers with interim housing where needed and available.

     

    5     With the change of main contractor, we expect that the completion of the five BTO projects may be further delayed. We have reached out to the affected flat buyers, and will continue to keep them updated on the situation. We will also keep them informed of the revised completion date of their flats once we have worked out the construction schedule after the new contractors have been appointed. Meanwhile, flat buyers who are unable to find alternative housing arrangements in the interim with family members, relatives or on the open market may contact HDB, and we will try our best to assist them.

     

    6     These delays will affect home buyers and disrupt their life plans, and they will understandably be disappointed by this latest development. HDB will do our utmost to bring the replacement contractor/s onboard as soon as possible, to minimise the extent of any delays while ensuring that safety and quality are not compromised.