Singapore
SINGAPORE CONSTRUCTION DEMAND TO STAY FIRM AT S$47 BILLION TO S$53 BILLION IN 20
[SINGAPORE] Construction demand in Singapore is expected to remain firm in 2026, with S$47 billion to S$53 billion of contracts expected to be awarded, said Minister for National Development Chee Hong Tat on Thursday (Jan 22). This is broadly in line with the previous year’s S$50.5 billion in nominal terms, and within the Building and Construction Authority’s (BCA) earlier forecast of S$47 billion to S$53 billion. Much of the growth will be fuelled by key projects such as the Changi Airport Terminal 5 development, the Marina Bay Sands expansion, the new Tengah General and Community Hospital, and the Downtown Line extension. Institutional and ramped-up housing projects have also contributed to the continued uptick in construction demand. https://www.businesstimes.com.sg/property/singapore-construction-demand-stay-firm-s47-billion-s53-billion-2026-chee-hong-tat (ICE SINGAPORE)
Fonte notizia: The Business Times, 22 January 2026
