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Construction

Metrocon specialises in foundation engineering, which involves works needed to prepare the ground before the construction of buildings and infrastructure.

Companies & Markets

Metrocon eyes SGX listing through Hatten Land

The S$28 million acquisition will be via the issuance of 107.7 million new shares at S$0.26 each

Tiong Woon CEO Michael Ang notes a shift towards more integrated projects alongside a stronger financial performance.

Companies & Markets

TOPLINE

Tiong Woon’s next heavy lift: S$200 million revenue by FY2030, as it expands beyond crane rental

CEO Michael Ang says the group is keeping gearing low as it explores overseas M&A opportunities

Spending on private construction projects was unchanged after rising 0.3 per cent in the prior month.

US construction spending inches up in May, but homebuilding weak

Construction spending rose 0.1% after a downwardly revised 0.3% increase in April

In Singapore, resource constraints are increasing contractor prices and tightening subcontractor capacity as multiple large projects “move forward at pace”.

Supply chain shocks, labour and power constraints weighing on Apac building boom: report

Delivery is now the most pressing challenge as Middle East conflict pushes global supply chain risk to its highest since 2022

GoRental’s EH-ONE+ battery energy storage system allows for decentralised, clean power use on construction sites.

As Singapore’s construction sector goes green, portable ‘power banks’ are leading the charge

Clean-energy firm GoRental’s battery systems offer a cheaper, quieter alternative to diesel-powered generators

As household size is hardly growing, is there a need to build super-large landed homes?

Opinion & Features

THE LEVEL GROUND

Think twice about rebuilding that old landed property into a super-big house to max out GFA

Mind the high construction and recurring costs of building a gigantic home for owner occupation

New Zealand's building industry has struggled through a period of high interest rates, followed by a mix of geopolitical concerns that hit buyer confidence and weighed on the residential property market.

New Zealand home building hits 10-year low as house prices stall

The volume of residential construction falls 5% to NZ$17.6 billion in the 12 months through March

OKP's order book stood at S$760.7 million as at May 28, with projects until 2031.

Transport & Logistics

OKP wins S$165.3 million LTA contract for commuter infrastructure works

It will design and construct elevator shafts at 30 pedestrian overhead bridges

Heavy vehicle demand to serve major construction projects has helped drive Category C COE premiums to new heights.

Policy changes, construction demand push commercial vehicle COE premiums to new record

Big infrastructure projects and changing policy keep Category C high, which could disadvantage smaller players

The measure of input cost inflation by the S&P Global UK Construction Purchasing Managers’ Index (PMI) rose to 81.4, its highest since June 2022.

UK builders hit by biggest surge in cost inflation in nearly four years: PMI

It is the second-largest rise since 1997, when the data series began

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