SUBSCRIBERS
Construction demand in Singapore strong, set to hit up to S$32b this year: BCA
Industry may have turned a corner; public construction demand expected to make up 60% of projected demand
Add BT as a preferred sourcePublished Mon, Jan 14, 2019 · 09:50 PM
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
CONSTRUCTION demand is expected to remain strong this year due to sustained public sector contracts, as the industry continues to recover from a challenging three-year spell.
Total construction demand, which is the value of construction contracts to be awarded, is expected to be between S$27 billion and S$32 billion this year, despite additional cooling measures in the private property market and the delay in construction of the high-speed rail between Singapore and Kuala Lumpur last year.
Copyright SPH Media. All rights reserved.
