Singapore Building Construction Industry Databook Series - Market Size & Forecast (2015 - 2024) by Value and Volume (area and units) across 30+ Market Segments, Opportunities, and Risk Assessment - COVID-19 Update Q2 2020

Report Description

Building construction industry in Singapore is expected to record a period of negative / low growth over the next 8 quarters, driven by economic downturn triggered due to Covid-19 outbreak. While impact across building construction sectors varies, residential, commercial, and industrial segments are expected to be worst affected. Business and consumer sentiment is expected to be on a slow track to recover due to pandemic, resulting in prolonged distress building construction sectors. In residential sector, affordable housing is expected to stay least affected, supported by a mix of public and private spending. Mid-tier and luxury residential construction segments are expected to be severely impacted. Growth across commercial building construction in Singapore, especially office, retail, and entertainment is expected to record negative growth.

According to the publisher, the building construction industry in Singapore is expected to record a CAGR of 7.1% to reach SGD 23.3 billion by 2024. The residential construction industry in value terms increased at a CAGR of 2.6% during 2015-2019. The commercial building construction market in value terms is expected to record a CAGR of 8.1% over the forecast period.

This report provides data and trend analyses on building construction industry in Singapore, with over 80 KPIs. This is a data-centric report and it provides trend analyses with over 120+ charts and 100+ tables. It details market size & forecast, emerging trends, market opportunities, and investment risks in over 30 segments in residential, commercial, industrial and institutional construction sectors.

It provides a comprehensive understanding of construction industry sectors in both value and volume (both by activity and units) terms. The report focuses on combining industry dynamics with macro-economic scenario and changing consumer behavior to offer a 360-degree view of the opportunities and risks.

Report Scope

Market Data and Insights: This report provides market size and forecast across 30+ construction segments for a period of 10 years from 2015-2024 in Singapore.

KPIs covered include the following:

• Market size by value
• Market size by volume of construction
• Number of units

Singapore Residential Building Construction Coverage: 10-year market size & forecast in value and volume (area and units) terms by

• Housing type (multi family, single family)
• Price point / income level (luxury, mid-tier, affordable)
• Construction stage (new construction, re-development, maintenance)

Singapore Commercial Building Construction Coverage: 10-year market size & forecast in value and volume (area and units) terms by

• Office building (further broken down by Grade A, Grade B, and Grade C)
• Retail building
• Hospitality and luxury building
• Restaurant
• Entertainment
• Sports facility
• Construction stage (new construction, re-development, maintenance)

Singapore Industrial Building Construction Coverage: 10-year market size & forecast in value and volume (area and units) terms by

• Manufacturing plants
• Chemical & pharmaceutical
• Metal & material processing
• Construction stage (new construction, re-development, maintenance)

Singapore Institutional Building Construction Coverage: 10-year market size & forecast in value and volume (area and units) terms by

• Healthcare construction
• Educational construction
• Public sector
• construction stage (new construction, re-development, maintenance)

Reason to Buy

• In-depth Understanding of Construction Market Dynamics: Understand market opportunity, industry dynamics, key trends and drivers across 30+ market segments and sub-segments of building construction industry in Singapore.
• Volume and Value Data: Get a detailed understanding of the market both from value and volume (both by activity and units) perspective for the historical as well as the forecast period
• Develop Market Specific Strategies: Identify growth segments and target specific opportunities to formulate your strategy; assess market specific key trends, drivers and risks in the construction industry.