ISOTeam

What ISOTeam does

ISOTeam Ltd is a Singapore-based, publicly listed (SGX-ST Catalist, ticker 5WF; IPO 12 July 2013) building maintenance and estate upgrading specialist founded in 1998. The company delivers integrated multi-disciplinary services through 11 wholly-owned subsidiaries spanning Repairs & Redecoration (R&R), Addition & Alteration (A&A), Specialised Coating & Painting (C&P), Mechanical & Electrical Engineering (M&E), Architectural & Engineering Solutions, Interior Decoration & Retrofitting, Landscaping & Horticultural Services, Reroofing & Waterproofing, Handyman Services (ISOTeam Homecare), Renewable Energy Solutions, and Green Pest Management. ISOTeam holds BCA licences including General Building (CW01) Grade B1, Repairs & Redecoration (CR09) Grade L6, and Electrical Engineering (ME05) Grade L5, alongside ISO 9001:2015, ISO 14001:2015, ISO 45001:2018, and BCA Green Mark certifications.

The company monetises primarily through project-based, competitively tendered contracts with Singapore government agencies — town councils, HDB, JTC — under recurring programmes such as NRP, HUP, EUP, HIP, and SolarNova. Notable project delivery includes 950 refurbishment projects covering 7,700+ buildings, a 5MW floating solar farm in the Straits of Johor (13,312 panels, 40 inverters), the 99-block SolarNova Phase 4 deployment at Punggol and Sengkang (Jan–Nov 2022), and private-sector fit-outs for Marina Bay Sands, Resorts World Sentosa, SMU, and NUS. Exclusive paint applicator status for Nippon Paint Singapore and SKK Singapore in the public housing sector, plus a Sunseap Group renewable-energy partnership since 2016, reinforce the go-to-market.

Revenue is generated through one-time project contracts and specialist services across five primary segments (Government & Public Sector, Private Sector Buildings, Residential Homeowners via ISOTeam Homecare, Specialist Coating & Painting, and Renewable Energy Installation). Pricing is not publicly disclosed; services are quoted per project/tender for enterprise and government clients, with residential handyman work available through direct phone contact. Technology differentiation rests on a 'proprietary integrated control systems' capability for resource deployment, ISOTeam Buildtech (AI-enabled built-environment solutions), and a Green Procurement Policy supported by Green Label paints, nano-TiO2 coatings, solar PV, and floating wetland installations. The company is led by CEO Anthony Koh and Group General Manager / MD of Renewable Solutions Richard Chan.

Name

ISOTeam

Legal name

ISOTeam Ltd

Website

https://isoteam.com.sg

Company type

Public

Founded year

1998

Operating status

Operating

Headcount range

101–250 employees

Short description

ISOTeam is a Singapore-listed (SGX-ST Catalist, ticker 5WF) building maintenance and estate upgrading specialist delivering R&R, A&A, coating & painting, M&E, landscaping, waterproofing, solar PV, and pest management to government agencies, private enterprises, and homeowners through 11 wholly-owned subsidiaries.

Ownership category

akta.pro rank

Product category

Building Maintenance & Estate Upgrading Services

NAICS

Drywall and Insulation Contractors (23831), Siding Contractors (238170)

SIC

Paints, Varnishes, Lacquers, Enamels & Allied Prods (2851)

akta.pro primary industry

Painting, Decorating & Wallcoverings (IMAFANAI)

Keywords

• Building maintenance services
• Estate upgrading services
• Repairs and redecoration
• Mechanical electrical engineering
• Solar panel installation

Headquarters

HQ city

Singapore

HQ country

Singapore

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Supply Chain, Operations, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Public Sector Contracts: Government-funded maintenance and upgrading projects including HDB estates, town council properties, and public infrastructure through competitive tender processes. Core revenue driver with programs like NRP, HUP, EUP, HIP.
2. Private Sector Building Services: Maintenance, refurbishment, and upgrading services for private residential and commercial building owners, including interior design, painting, and M&E services.
3. Specialist Coating & Painting: Exclusive paint applicator for Nippon Paint Singapore and SKK Singapore for public housing sector, JTC and HDB industrial projects, and army camps. Provides specialized coating services to various clients.
4. Renewable Energy Installation: Solar panel installation services through ISOTeam Renewable Solutions, participating in HDB's SolarNova programme and commercial solar projects.
5. Homeowner Services: Residential and commercial handyman services including electrical, plumbing, painting, aircon services, flooring, and waterproofing through ISOTeam Homecare.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

ISOTeam delivers integrated building maintenance, estate upgrading, and facility services across Singapore, with core service lines spanning Repairs & Redecoration (R&R), Addition & Alteration (A&A), Specialist Coating & Painting, Mechanical & Electrical Engineering, Architectural and Interior Fit-Out, Landscaping, Reroofing & Waterproofing, Renewable Energy (solar PV), and Pest Management. The company serves primarily government and public-sector clients through competitive tenders, alongside private commercial, hospitality, education, and residential customers through direct engagement. It operates through a network of wholly-owned subsidiaries, holds exclusive public-sector paint applicator status for Nippon Paint and SKK, and is accredited under ISO 9001, 14001, 45001 and multiple BCA licences.

Product overview

ISOTeam is a multi-disciplinary building maintenance and estate upgrading company offering integrated services through its network of subsidiaries. The core product portfolio consists of five main segments: Repairs & Redecoration (R&R), Addition & Alteration (A&A), Coating & Painting (C&P), Landscaping & Interior Design, and Mechanical & Electrical (M&E) services. Supplementary offerings include Green Pest Management, Handyman Services (ISOTeam Homecare), Home Painting Services, Renewable Solutions (solar panel installation), Cockroaches and Odour Remover (CnO), and Drone Inspection Services. The company operates through subsidiaries including Raymond Construction Pte Ltd, ISOTeam C&P Pte Ltd, ISOTeam Renewable Solutions Pte Ltd, ISOTeam AET Pte Ltd, ISO-Team Corporation Pte Ltd, ISO-Landscape Pte Ltd, ISOTeam Homecare Pte Ltd, TMS Alliances Pte Ltd, ISOTeam Buildtech Pte Ltd, Zara@ISOTeam Pte Ltd, and Green Pest Management Pte Ltd. The company emphasizes green building solutions and sustainable practices across all service offerings.

Differentiator

Problem solved

Functional benefit

Brands

• ISOHomeCare: Digital handyman services platform offering home repair and improvement services including handyman, electrical, plumbing, painting, aircon services, flooring & coating, and waterproofing
• ISOTeam C&P
• Green Pest Management
• ISOTeam Renewable Solutions
• Cockroaches and Odour Remover (CnO)
• Zara@ISOTeam
• ISO-Integrated M&E

Products and services

• Repairs & Redecoration (R&R)

Quantifiable outcome

• 77% of headquarters electricity consumption powered by solar panels (157,365 kWh generated in FY2022)
• +3 more outcomes

Named customers31 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability1 record

Feature6 records

Partnerships

Six partnerships are on record, tiered core and minor.

• HDB (Housing & Development Board)coreStrategic or Co-development Partner · 1 January 2022Partner for SolarNova programme - design, supply, delivery and installation of Grid-Tied Solar Photovoltaic Systems for HDB residential blocks. Completed SolarNova Phase 4 at Punggol and Sengkang (99 blocks) from January to November 2022.
• ISOTeam Renewable Solutions Pte LtdcoreOthers · 11 November 2021Wholly-owned subsidiary incorporated to drive sustainability and renewable energy solutions aligned with Singapore's Whole-of-Government effort for local solar industry growth.
• Green Pest Management Pte LtdcoreOthers · 3 August 2021Wholly-owned subsidiary acquired on 03 August 2021, providing vector control and pest management services. Originally incorporated on 15 March 2006.
• Sunseap Leasing Pte LtdcoreStrategic or Co-development Partner · 1 January 2016Renewable energy installation partnership since 2016. ISOTeam serves as construction partner for Sunseap's solar projects including participation in HDB's SolarNova programme. ISOTeam contributed to one of the world's largest 5MW floating solar farms in the Straits of Johor for Sunseap Group, completed in FY2021.
• Pidelite Innovation CentreminorStrategic or Co-development Partner · 1 January 2011Incubation partnership for new green coatings ideas initiated in January 2011.
• Ngee Ann PolytechnicminorStrategic or Co-development Partner · 1 May 2010MOU signed in May 2010 to explore development of High Pressure Steam Jet technology for construction applications.

Scale indicators9 records

Recent moves5 records

Expansion highlights6 records

Direct peers

• Tiong Seng Holdings: SGX-listed Singapore building and civil engineering contractor with overlapping civil, structural, and upgrading work for both public and private sector clients, including HDB-adjacent projects. Directly comparable in scale, geography, and Singapore-centric business model.
• Lum Chang Holdings: SGX-listed Singapore construction and property group with building construction, refurbishment, and interior fit-out capabilities. Competes with ISOTeam for commercial interior and upgrading work in Singapore.
• CSC Holdings (Singapore): Singapore Catalist-listed foundation and building works specialist with public-sector contracts and building upgrading capabilities. Comparable peer in tender-driven Singapore building services with similar BCA license profile.
• King Wan Corporation: SGX-listed Singapore mechanical and electrical engineering and building services contractor with M&E and integrated building services. Direct overlap with ISOTeam's M&E and integrated maintenance offerings.
• EM Services Pte Ltd: Singapore-based facility management and maintenance services provider with deep town council and HDB exposure. Closest direct peer in estate maintenance and town council contract execution.

Broad incumbents

• C&W Services (Singapore): Cushman & Wakefield's facility services arm in Singapore offers integrated building maintenance and estate services to commercial and public-sector clients. Broader global incumbent with overlapping scope but wider portfolio beyond Singapore building maintenance.
• ISS A/S (Singapore operations): Global facility services provider with Singapore operations spanning cleaning, maintenance, and integrated building services. Larger incumbent with broader geographic and service footprint but overlapping public-sector maintenance work.
• Sodexo Singapore: Global facility management and building services operator with Singapore operations across commercial, education, and government facility maintenance. Adjacent competitor with similar public-sector exposure but significantly larger scale.

Others

• Sunseap Group (now Engie Solar): Singapore solar energy developer (acquired by ENGIE) and ISOTeam's renewable energy partner on SolarNova and floating solar projects. Relevant as both an ecosystem partner and adjacent player in Singapore's solar deployment that ISOTeam services.

Regional players

• Ley Choon Group Holdings: SGX-listed Singapore underground utilities and civil engineering group with building services exposure. Comparable Singapore-listed contractor with public-sector tender dependency, though more focused on utilities infrastructure than estate maintenance.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/isoteam

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries11 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about ISOTeam