>

OKP wins $100.3 million contract from LTA

By The Edge Singapore

/ The Edge Singapore |

November 9, 2022 6:45 PM SGT

Or Toh Wat, managing director of OKP Holdings (Picture: The Edge Singapore)

SINGAPORE (EDGEPROP) - OKP Holdings has won a $100.3 million contract from the Land Transport Authority for commuter infrastructure enhancement works at new MRT stations, at island-wide locations.

With this contract, OKP's order book has reached $402.2 million, to be fulfilled by 2026.

Under this contract, OKP will design and build covered linkways and cycling paths at new MRT stations along the new Thomson-East Coast Line (TEL), Circle Line 6 extension, North East Line extension and Downtown Line.

“We are heartened to secure this contract from LTA, and for the trust and confidence in our infrastructure engineering expertise and specialisation," says managing director Or Toh Wat.

"We will focus on the smooth delivery of this commuter infrastructure project for the convenience of all users," he adds.

OKP shares last traded at 17 cents, down 15% year to date.

Tags:

Follow our channels to receive property news updates 24/7 round the clock.

Subscribe to our newsletter

Top Articles

1

UOL and CapitaLand to acquire Thomson View Condo for $810 mil

2

Is it a Good Deal?: A freehold three-bedroom in D9 sold for $3.27 million, making a $2.03 million profit

3

Chuan Park attracts 5,000 visitors on first day of preview

4

CDL's Norwood Grand achieves 84% sales at an average price of $2,067 psf

5

Executive Condo launches in the pipeline to test new highs of $1,700 psf

Our Site

Property Research

Condos

HDBs

Landed

Commercial

Industrial

Properties For Sale

Properties For Rent

Edgeprop.sg (previously known as The Edge Property Singapore) is the best property portal for real estate agents, investors, home-seekers and sellers alike in Singapore. On EdgeProp, you will be able to find the latest and hottest property news, property listings, and access tools for your research and analysis.

Whether you are looking to buy, sell or rent apartments, condominiums, executive condos, HDBs, landed houses, commercial properties or industrial properties, we bring you Singapore’s most comprehensive and up-to-date property news and thousands of listings to facilitate your property decisions. Click into any listing to check out the new AI Redesign tool to envision your property based on your preferred style, be it Scandinavian, Minimalist or many others.

Make data-driven property decisions with our easy-to-use free and paid tools. The Edge Fair Value tool lets users calculate the fair value of a property, while the En Bloc Calculator helps to determine the probability of a Singapore project being put up for collective sale. Our whole new Research tool provides you data on past transactions, price trends, and more for condos, HDBs, landed houses, commercial properties and industrial properties.

Aside from that, EdgeProp also offers a market trends tracker that lets you access historical property data, sales volume and compare how similar properties are selling, a heatmap that shows you where Singapore’s most popular property sales locations are, a HDB lease tool to calculate your HDB tenure, an affordability calculator, and property alerts to track your preferred Singapore property by project or location, as well as information on new launches.

On the lookout for undervalued property or looking to rent? EdgeProp’s powerful search filters will let you personalise your property-seeking experience – whether you are looking for a property near MRT stations, amenities like schools, or within a HDB Estate or District – so that you find exactly what you are looking for.