Residential Construction in Singapore industry profile provides top-line qualitative and quantitative summary information including: market size (value 2012-16, and forecast to 2021). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
SynopsisEssential resource for top-line data and analysis covering the Singapore residential construction market. Includes market size data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.
The residential construction market is defined as the value of work put in place annually for residential buildings. This includes apartments, houses, and similar buildings, but not hotels etc. Market value includes new build and also renovations and repair; it includes construction of buildings and also preparatory work and completion (demolition, site preparation, electrical and plumbing installation, etc). All currency conversions were carried out at constant average annual 2015 exchange rates.
The Singaporean residential construction sector is expected to generate total revenues of $9.9bn in 2016, representing a compound annual growth rate (CAGR) of 5.5% between 2012 and 2016.
Data on residential contracts awarded over the years since 2010 show that private-sector work dominates, accounting for 50%-75% of the total.
Property prices in the city state are going down and the number of vacant properties is on the rise. Consequently, residential construction should have a poor performance in 2016 and 2017. Private-sector work dominates the residential contracts awarded over the past few years, accounting for 50%-75% of the total.
Save time carrying out entry-level research by identifying the size, growth, and leading players in the residential construction market in Singapore
Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the residential construction market in Singapore
Leading company profiles reveal details of key residential construction market players’ global operations and financial performance
Add weight to presentations and pitches by understanding the future growth prospects of the Singapore residential construction market with five year forecasts
Reasons to buy
What was the size of the Singapore residential construction market by value in 2016?
What will be the size of the Singapore residential construction market in 2021?
What factors are affecting the strength of competition in the Singapore residential construction market?
How has the market performed over the last five years?
How large is Singapore’s residential construction market in relation to its regional counterparts?