Singapore, June 17, 2025 – Springview Holdings Ltd (Nasdaq: SPHL) (“Springview Holdings” or the “Company”), a prominent Singaporean designer and builder of residential and commercial properties, today announced a significant contract win for its wholly-owned Singaporean subsidiary, Springview Enterprises Pte. Ltd. (“Springview Singapore”). The contract, valued at S$1.725 million, is for the redevelopment of two conservation shophouse units in Singapore’s Blair Plain Conservation Area. This win highlights Springview Singapore’s growing expertise in heritage-focused urban development and strengthens its position as a preferred partner for complex conservation projects.

The contract, awarded by Alpha International Investment Pte Ltd, will substantially expand Springview Singapore’s project portfolio and increase its involvement in the rapidly expanding urban restoration and infrastructure sectors.

The project aims to integrate architectural preservation with contemporary functionality, aligning with the Singapore Urban Redevelopment Authority’s conservation guidelines and contributing to the cultural and commercial rejuvenation of a historically significant Singaporean neighborhood.

Zhuo Wang, CEO of Springview Holdings, commented: “Securing the main contractor role for this important redevelopment is a major achievement for Springview as we continue to implement our growth strategy. It demonstrates confidence in our abilities and our dedication to delivering projects that respect Singapore’s architectural heritage. We are fully committed to executing this project with precision, integrity, and a deep appreciation for the site’s historical significance.”

The project is scheduled to be completed within 10 calendar months, according to the Singapore Institute of Architects’ Standard Conditions of Contract. Springview will manage all key structural work, regulatory compliance, and interdisciplinary coordination to ensure the site meets all requirements for Temporary Occupation Permit (TOP) issuance upon completion.

About Springview Holdings Ltd

Springview Holdings Ltd (Nasdaq: SPHL) has been designing and building residential and commercial properties in Singapore since 2002. Springview specializes in new construction, reconstruction, additions and alterations, and general contracting services. The company’s skilled in-house team provides comprehensive solutions, fostering strong customer relationships through a range of services, including design, construction, furniture customization, and project management. Springview also offers post-project services, such as defect repairs and maintenance, to further enhance customer engagement and create future project opportunities. For more information, please visit the Company’s website:

Cautionary Note Regarding Forward-Looking Statements

This press release contains “forward-looking statements” as defined in federal securities laws, including statements about the use of proceeds from the sale of the Company’s shares. These statements involve risks and uncertainties and are based on current expectations and projections about future events that may affect the Company’s financial condition, results of operations, business strategy, and financial needs. These statements can often be identified by the use of words such as “believe”, “plan”, “expect”, “intend”, “should”, “seek”, “estimate”, “will”, “aim” and “anticipate”. The Company is not obligated to update or revise any forward-looking statements, except as required by law. While the Company believes its expectations are reasonable, it cannot guarantee their accuracy and advises investors that actual results may differ materially. Investors should review other factors that may affect the Company’s future results in its registration statement and other SEC filings.

For more information, please contact:
Springview Holdings Ltd
Investor Relations Department
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