Coronavirus may hit building projects using pre-fab work too
Singapore
IT'S NOT just about labour shortages anymore. Construction delays and higher costs of building are expected to be aggravated by disruptions to the construction supply chain as some Chinese factories remain shut until further notice due to the novel coronavirus (nCoV) outbreak.
Some builders said that it will especially affect projects using the pre-fabricated pre-finished volumetric construction (PPVC) method, which involves building entire units in factory conditions, then assembling them on-site Lego-style.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
Abu Dhabi builder plans US$6.8 billion luxury housing project
JTC to sell hospitality project being built in Punggol Digital District
Mapletree Logistics Trust posts 2.5% drop in Q4 DPU; manager warns of further headwinds
Abu Dhabi developer Aldar posts 88% in Q1 leap
Without a game changer, Sentosa Cove condos will continue underperforming
Church to tackle US housing crisis