Building & Construction Authority

Singapore construction demand to stay firm at S$47 billion to S$53 billion in 2026: Chee Hong Tat

Demand is projected to stay elevated from 2027 to 2030 at S$39 billion to S$46 billion per year

Large-scale events with many outdoor advertisements, such as F1, i Light and Gastro Beats, could benefit from the streamlined licence application process for recurring temporary events.

BCA to streamline approvals for outdoor advertising licensing from H2 2026

This will help improve the efficiency of businesses’ operations and reduce administrative burden

Speaking at International Built Environment Week, Chee Hong Tat says: "As the projects grow more complex, the range of professional competencies required also (grows) significantly."

New licensing regime from 2028 for supervision of large-scale building works: Chee Hong Tat

From 2027, building owners and developers must also engage licensed firms to certify newer lifts and escalators meant for public use

A section of Tanjong Katong Road South collapsed on Saturday evening, swallowing a car and its driver.

BCA to conduct independent investigation into Tanjong Katong Road sinkhole incident

The investigations could take several months, given the complexity of the incident

The green loan was jointly provided by UOB, Bank of China’s Singapore branch and OCBC under GuocoLand’s green finance framework.

GuocoLand secures S$619.3 million green loan for River Valley Green development

This project adds to the company’s expanding pipeline of green-certified developments

Francis Koh, group CEO and executive chairman of Koh Brothers, is confident that the group will remain profitable in FY2025.
TOPLINE

From Changi T5 to MBS expansion, Koh Brothers Group rides on Singapore’s infrastructural upgrades

Its construction order book exceeds S$1 billion, with visibility to 2029

The scheme provides companies with a tax allowance of up to 100% of the qualifying capital expenditure incurred for the construction.

Expanded tax scheme to benefit more construction companies from 2026

The enhanced Land Intensification Allowance will be widened to further optimise land use

The Building and Construction Authority is encouraging construction stakeholders to adopt collaborative contracting and better allocate the risks and rewards of different projects, instead of taking a more traditionally adversarial approach.

Construction companies need to collaborate and plan better as demand climbs

Poaching and project delays could plague the sector as it faces a greater strain on manpower and resources

A significant roll-out of residential projects has led to higher-than-expected demand in 2024.

Construction demand in Singapore to range between S$47 billion and S$53 billion: BCA

Normalised to real values, 2025’s demand will range between S$35 billion and S$39 billion