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Construction in for long winter as cooling measures dash hopes

En bloc boost cut short; SMEs in particular also vulnerable to new headwinds

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Published Thu, Jul 26, 2018 · 09:50 PM
    Construction continues to languish

    Singapore

    JUST when a silver lining appears to be on the horizon for Singapore's construction industry, the latest round of property cooling measures has put paid to the sector's recovery.

    Earlier in the year, builders - many of them small and medium-sized enterprises (SMEs) - had forecast that after enduring years of decline, the worst will be over by the end of 2018.

    Singapore SMEsSingapore economy

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