Singapore Construction Sector Report 2024-2025

In January 2023, the Building and Construction Authority (BCA) of Singapore projected that the island nation's construction sector would see preliminary demand in the range of SGD 27bn to SGD 32bn by the end of the year. Instead, the figure reached SGD 33.8bn in 2023, buoyed by rising tender prices, an acceleration in the execution timetable for the Housing and Development Board's (HDB) public housing projects and expedited construction project awards for several large private residential developments. In other words, the sector's performance was 5.8% better than the most optimistic demand estimate offered by the BCA.

This report provides a complete and detailed analysis of the "Construction" sector for Singapore. EMIS Insights presents in-depth business intelligence in a standard format across countries and regions, providing a balanced mix between analysis and data.

What this report allows you to do:

• Understand the key elements at play in the "Construction" sector in Singapore
• Crystallise the forces both driving and restraining this sector in Singapore
• Ascertain Singapore’s position in the global sector
• Build a complete perspective on sector trade, investment and employment
• Understand the competitive landscape and who the major players are
• View M&A activity and major deals
• Gain an understanding of the regulatory environment for the sector in Singapore.
• Build a clear picture of trends, output and consumption for specific sub-sectors