Residential Construction in Singapore

Residential Construction in Singapore

  • September 2020 •
  • 30 pages •
  • Report ID: 3711626 •
  • Format: PDF
Residential Construction in Singapore

Summary
Residential Construction in Singapore industry profile provides top-line qualitative and quantitative summary information including: market size (value 2015-19, and forecast to 2024). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights
- The residential construction market is defined as the value of work put in place annually for residential buildings. This includes apartments and apartment blocks, houses, and similar buildings, but not hotels and other forms of commercial, temporary accommodation, and includes both single- and multi-family housing. Market value is defined in general as the total value of construction activity in any given time period, including costs related to construction materials, equipment and services, new construction, refurbishment, repair and maintenance and demolition. It is synonymous with measures such as construction value put in place or value of construction work done.
- The Singaporean residential construction market had total revenues of $4.7bn in 2019, representing a compound annual rate of change (CARC) of -12.8% between 2015 and 2019.
- The government’s affordable housing initiatives were the main factor arresting the market’s decline in 2019.
- Following the initial economic shock of the pandemic, the market is expected to improve with the support of the government’s investment in upgrading flats.

Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, 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 2019?
- What will be the size of the Singapore residential construction market in 2024?
- What factors are affecting the strength of competition in the Singapore residential construction market?
- How has the market performed over the last five years?
- What are the main segments that make up Singapore’s residential construction market?
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