ISOTeam, the building maintenance and estate upgrading player, has secured 25 new contracts worth a total of $36.4 million. These latest project wins have strengthened the group&rsquo s order book to $188.7 million to date.

 

The contracts include three Addition and Alteration (A& A) projects in Sembawang GRC worth $10.2 million to be completed by June 2026 two Repair and Redecoration (R& R) projects in Pasir RisPunggol and Tampines GRCs for a cumulative 75 blocks valued at $8.7 million to be completed by August 2026 and 16 Coating and Painting (C& P) projects for residential and educational buildings totalling $15.8 million to be completed by March 2029. The latter includes works for the National University of Singapore and a new primary school at Tengah Avenue Garden.

 

The group also won two Interior Design (ID) jobs worth $0.6 million and two landscaping contracts valued at $1.1 million which are expected to be completed by June 2025 and October 2026 respectively.

 

Group executive director and CEO, Anthony Koh says: &ldquo We see strong growth momentum in our order book, driven by government-led upgrading projects in mature estates. Key opportunities up ahead for ISOTeam include HDB&rsquo s Green Towns Programme, which will roll out heat-reflective paint to all HDB estates by 2030, and Singapore&rsquo s expanding housing stock, with 102,300 Built-to-Order flats launched from 2021 to 2025. With mandatory repainting every five years, these initiatives create significant growth opportunities for us."