OKP poised to benefit from Singapore construction boom, backed by S$136.7 million in cash
With its order book value standing at S$615.9 million, the group expects to remain profitable until end-2027
[SINGAPORE] Founded as a sole proprietorship 60 years ago, OKP is positioning itself to capitalise on what its executive director Daniel Or described as an unprecedented boom in Singapore’s construction sector.
He noted that until just recently, OKP never saw construction contracts with such high values being awarded in Singapore – an estimated S$50.5 billion in contracts were allotted in 2025.
And in 2026, construction contracts worth S$47 billion to S$53 billion across the public and private sectors are slated to be awarded.
TRENDING NOW
CSE Global independent director quits after clashes with chairman Eugene Lai over board refresh
What’s wrong with Orchard Road? Experts weigh in on the street’s cachet and its future
‘I felt like dying’: Thai Singha beer scion speaks up after disclosure of alleged sexual abuse
Rare brutalist Singapore house opens to the public before changing hands