Singapore Construction Market Size, Trend Analysis by Sector, Competitive Landscape and Forecast to 2030 (Q1 2026)

1 Executive Summary

2 Construction Industry: At-a-Glance

3 Context

3.1 Economic Performance

3.2 Political Environment and Policy

3.3 Demographics

3.4 Risk Profile

4 Construction Outlook

4.1 All Construction

– Outlook

– Latest news and developments

– Construction Projects Momentum Index

4.2 Commercial Construction

– Outlook

– Project analytics

– Latest news and developments

4.3 Industrial Construction

– Outlook

– Project analytics

– Latest news and developments

4.4 Infrastructure Construction

– Outlook

– Project analytics

– Latest news and developments

4.5 Energy and Utilities Construction

– Outlook

– Project analytics

– Latest news and developments

4.6 Institutional Construction

– Outlook

– Project analytics

– Latest news and developments

4.7 Residential Construction

– Outlook

– Project analytics

– Latest news and developments

5 Key Industry Participants

5.1 Contractors

5.2 Consultants

6 Construction Market Data

7 Appendix

7.1 What is this Report About?

7.2 Definitions

7.3 CRI Methodology

About GlobalData

Contact Us

Table 1: Construction Industry Key Data

Table 2: Singapore, Key Economic Indicators

Table 3: Singapore, Commercial Construction Output by Project Type (Real % Change), 2021–30

Table 4: Singapore, Top Commercial Construction Projects by Value

Table 5: Singapore, Industrial Construction Output by Project Type (Real % Change), 2021–30

Table 6: Singapore, Top Industrial Construction Projects by Value

Table 7: Singapore, Infrastructure Construction Output by Project Type (Real % Change), 2021–30

Table 8: Singapore, Top Infrastructure Construction Projects by Value

Table 9: Singapore, Energy and Utilities Construction Output by Project Type (Real % Change), 2021–30

Table 10: Singapore, Top Energy and Utilities Construction Projects by Value

Table 11: Singapore, Institutional Construction Output by Project Type (Real % Change), 2021–30

Table 12: Singapore, Top Institutional Construction Projects by Value

Table 13: Singapore, Residential Construction Output by Project Type (Real % Change), 2021–30

Table 14: Singapore, Top Residential Construction Projects by Value

Table 15: Singapore, Key Contractors

Table 16: Singapore, Key Consultants

Table 17: Singapore Construction Output Value (Real, $ Million)

Table 18: Singapore Construction Output Value (Nominal, SGD Million)

Table 19: GlobalData Construction Market Definitions

Table 20: GlobalData Construction Market Definitions

Table 21: Ratings, Scores and Definitions

Figure 1: South and South-East Asia, Construction Output (Real % Change), 2024–30

Figure 2: Singapore, Construction Output by Sector (Real % Change), 2024–26 and 2027–30

Figure 3: Singapore, Risk Summary

Figure 4: Singapore, Risk Regional Comparison

Figure 5: Singapore, Construction Output Value (Real, $ Million, 2022 Prices and Exchange Rate), 2021–30

Figure 6: Singapore, Construction Output Value, by Sector (Real, $ Million), 2021–30

Figure 7: Singapore, Construction Value-add (SGD Million, 2015 Chained Prices)

Figure 8: Singapore, Total Fixed Capital Formation in Construction (2015 Chained Prices, SGD Million)

Figure 9: Singapore, Progress Payments Certified for Construction (SGD Million)

Figure 10: Singapore, Construction Contracts Awarded (SGD Million)

Figure 11: Singapore, Construction Material Market Prices, % Change YoY

Figure 12: Singapore, Cessation of Construction Business Entities

Figure 13: Singapore, Commercial Banks: Loans and Advances to Residents for Construction, End of Period, In SGD Million

Figure 14: Singapore, Changes in Construction Employment, Number, (Compared to Previous Quarter)

Figure 15: Singapore, Construction Projects Momentum Index

Figure 16: South and South-East Asia, Construction Projects Momentum Index

Figure 17: Singapore, Commercial Construction Output by Project Type (Real, $ Million), 2021–30

Figure 18: Singapore, Commercial Construction Projects Pipeline, Value by Stage ($ Million)

Figure 19: Singapore, Progress Payment Issued for Commercial Construction (SGD Million)

Figure 20: Singapore, Contracts Issued for Commercial Construction (SGD Million)

Figure 21: Singapore, Retail sales index, Chained Volume Terms, 2017=100

Figure 22: Singapore, Office Price, and Rental Index, 1998=100

Figure 23: Singapore, Supply of Retail Space in the Pipeline, GFA, In Thousand m2

Figure 24: Singapore, Supply of Office Space in the Pipeline, GFA, In Thousand m2

Figure 25: Singapore, Supply of Hotel Rooms in the Pipeline, GFA, In Thousand m2

Figure 26: Singapore, International Visitor Arrivals (In Thousands)

Figure 27: Singapore, Industrial Construction Output by Project Type (Real, $ Million), 2021–30

Figure 28: Singapore, Industrial Construction Projects Pipeline, Value by Stage ($ Million)

Figure 29: Singapore, Manufacturing Value-add (SGD Million, 2015 Chained Prices)

Figure 30: Singapore, Contracts Issued for Industrial Construction (SGD Million)

Figure 31: Singapore, Industrial Production Index, 2025=100

Figure 32: Singapore, Purchasing Managers' Index (PMI)

Figure 33: Singapore, Progress Payment Issued for Industrial Construction (SGD Million)

Figure 34: Singapore, Factory Space Supply, % Change YoY

Figure 35: Singapore, Infrastructure Construction Output by Project Type (Real, $ Million), 2021–30

Figure 36: Singapore, Infrastructure Construction Projects Pipeline, Value by Stage ($ Million)

Figure 37: Singapore, Progress Payments Issued for Civil Engineering Works (SGD Million)

Figure 38: Singapore, Contracts Issued for Civil Engineering (SGD Million)

Figure 39: Singapore, Energy and Utilities Construction Output by Project Type (Real, $ Million), 2021–30

Figure 40: Singapore, Energy and Utilities Construction Projects Pipeline, Value by Stage ($ Million)

Figure 41: Singapore, Electricity Generated, in GWh

Figure 42: Singapore, Total Number of New Grid-Connected Solar PV Installations and Newly-Installed Capacity of Grid-Connected Solar PV Systems (in MWp)

Figure 43: Singapore, Institutional Construction Output by Project Type (Real, $ Million), 2021–30

Figure 44: Singapore, Institutional Construction Projects Pipeline, Value by Stage ($ Million)

Figure 45: Singapore, Health and Social Services Value-Add (SGD Million, 2015 Chained Prices)

Figure 46: Singapore, Education services Value-Add (SGD Million, 2015 Chained Prices)

Figure 47: Singapore, Progress Payments for Institutional Construction (SGD Million)

Figure 48: Singapore, Contracts Issued for Institutional Construction (SGD Million)

Figure 49: Singapore, Residential Construction Output by Project Type (Real, $ Million), 2021–30

Figure 50: Singapore, Residential Construction Projects Pipeline, Value by Stage ($ Million)

Figure 51: Singapore, Real estate Value-Add (in SGD Million, 2015 Chained Prices)

Figure 52: Singapore, Progress Payments Issued for Residential Construction (SGD Million)

Figure 53: Singapore, Contracts Issued for Residential Construction (SGD Million)

Figure 54: Singapore, Private Residential Property Price Index (2009=100)

Figure 55: Singapore, GFCF in residential buildings (2015 chained prices, SGD Million)

Figure 56: Singapore, Supply of Private Residential Properties in the Pipeline by Development Status (End of Period), Quarterly

Figure 57: Singapore, Headquarters of Key Contractors (% of Total Project Pipeline)

Figure 58: Singapore, Headquarters of Key Consultants (% of Total Project Pipeline)