Dreaming big is what the Lian Beng Group does best and this habit has ingrained itself into its business culture. Having secured half a dozen construction projects, two years ago, worth a record figure of $750 million, they are proving that this is not a result of luck but determination and direction.

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LIAN BENG GROUP

Notable on-going construction projects include Thomson Grand, developed by the Cheung Kong Group from Hong Kong, Waterfront Isles, developed by Far East Organisation

and Hedges Park, developed by Hong Leong Group.Some of the projects that Lian Beng is co-developing include

residential, commercial and industrial with a selection of joint venture partners. These include the likes of M-Space and Mandai Dormitory at Mandai Industrial Estate, Spottiswoode Suites off Neil Road, a hotel development near Bugis, Lincoln Suites off Newton Road and mixed development, The Midtown at Hougang. In many of these property development projects Lian Beng also undertakes the construction side of things.

Principally involved in the construction of residential, industrial and commercial projects, as well as civil engineering initiatives, the Lian Beng Group can tender for public sector building projects of unlimited contract value, which puts them into a very favourable position for future growth.

Due to their long-term experience within this area, they are also involved in construction and construction services related industries such as the provision of scaffolding and engineering services, the supply of ready-mix concrete, leasing of equipment and machinery and reinforcement bar fabrication. To support the above, Lian Beng is also a leader in the training of foreign construction labour workers.

In construction, things have been on the rise with several large projects during 2013 leading to a record high order book of S$1.2 billion, in addition to impressive movements on the property development front as well.

This hasn’t been without its challenges. The foreign levy has increased and is expected to increase further, which will lead to a tightening of foreign labour. However, these challenges provide opportunities to find new ways to improve productivity, something that the company has excelled at for almost four decades.

The construction industry is filled with opportunities thanks to the increasing population, which has lead to the necessary improvement and expansion of infrastructure and an increase in demand for housing and other commercial and industrial property. As this construction demand increases, so to does the cost of construction support services and Lian Beng will seek new ways to improve their productivity to address this challenge.

Generally, the market demands a developer that can provide comfortable homes of the best quality and at the most competitive rates. It also demands a high level of efficiency and punctuality. This requires that the company needs to be prudent with decisions being made and ensure that everything is planned before action is implemented.

To ensure that the rise in construction costs does not impact their efficiency Lian Beng Construction have insulated themselves

LIAN BENG GROUP

Established in 1973, Lian Beng Group Ltd is one of Singapore’s major home-grown building construction groups and one of the few which has integrated civil engineering and construction support service capabilities. When you take a moment to look at the business, it’s clear that today the main revenue generator at Lian Beng comes in the form of Lian Beng Construction, a wholly owned subsidiary that has grown and diversified from property development into support services for the industry.

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from this issue by training their own workers at their overseas training centre. They also keep at the cutting edge of new methodologies, technologies and innovations to remain not only ahead of the competition but also the curve.

This leads into a series of core values that Lian Beng Group follow ardently. These include important piers like Teamwork, Integrity, Innovation, Excellence and Commitment. With these mandates forming their foundation Lian Beng has won accolades and awards such as the BCA Skilled Builders Competition.

This competition, The BCA Green and Gracious Builder Scheme, was established to promote sustainable environmental protection and gracious practices in builders during the construction phase of projects. To be socially responsible, a builder should embrace sustainable environmental protection and gracious practices, while really engaging with this scheme.

For the future, Lian Beng Construction will have to aim to secure even more construction projects to further drive its organic growth and strengthen its order book. The property development side of things will focus on working alongside the best and most suitable partners.

Lian Beng has not only survived tough times during economic downturns and recessions, but has emerged stronger and it continues to grow thanks to its focus and attention to retaining an exemplar supply chain.