Construction Industry in Singapore to 2017

Construction in Singapore - Key Trends and Opportunities to 2017
Synopsis
This report provides detailed market analysis, information and insights into Singapore's construction market,
including:
The Singapore construction market’s growth prospects by sector, project type and type of
construction activity Analysis of equipment, material and service costs across each project type within
Singapore Critical insight into the impact of industry trends and issues and the risks and opportunities they
present to participants in Singapore's construction market Assessment of the competitive forces facing the
construction industry in Singapore and profiles of the leading players Data highlights of the largest
construction projects in Singapore
Executive summary
Singapore’s construction industry recorded a CAGR of 4.14% during the review period
(2008−2012). This was supported by public and private investments in Singapore’s
infrastructure, commercial and institutional construction markets. Singapore’s construction industry is
dominated by infrastructure and residential construction activities, as collectively the infrastructure and
residential markets generated 59.6% of the industry’s total value in 2012. The outlook for construction
is favorable, due to the government’s focus on country’s infrastructure and residential
construction. The construction industry’s output is expected to record a CAGR of 5.04% over the
forecast period (2013−2017).
Scope
This report provides a comprehensive analysis of the construction industry in Singapore:
Historical (2008-2012) and forecast (2013-2017) valuations of the construction market in Singapore using
the construction output and value-add methods Segmentation by sector (commercial, industrial, infrastructure,
institutional and residential) and by project type Breakdown of values within each project type, by type of
activity (new construction, repair and maintenance, refurbishment and demolition) and by type of cost
(materials, equipment and services) Analysis of key construction industry issues, including regulation, cost
management, funding and pricing Assessment of the competitive environment using Porter’s Five
Forces Detailed profiles of the leading construction companies in Singapore
Reasons to buy
Identify and evaluate market opportunities using our standardized valuation and forecasting methodologies
Assess market growth potential at a micro-level via 600+ time series data forecasts Understand the latest
industry and market trends Formulate and validate business strategies by leveraging our critical and actionable
insight Assess business risks, including cost, regulatory and competitive pressures Evaluate competitive risk
and success factors
Key highlights
Singapore’s economy grew at an annual rate of 1.2% in 2012, moderating from 4.9% in 2011, as
weaker external demand adversely affected the export oriented manufacturing and services sector. Based on
Timetric’s current forecast of improving global economic activity along with sustained growth in
domestic demand, Singapore’s economy is expected to grow in the range of 2.3%-3.9% during 2013

and 2014. Singapore is one of the most popular tourism destinations in the world. With an aim to increase
tourism’s contribution to the economy and raise tourism receipts to US$30 billion by 2015, the
Singapore Tourism Board (STB) is to place a greater focus on the construction of new tourist destinations over
the forecast period. Although the country does not have its own oil reserves, its refinery industry is one of the
largest in the world. The petroleum and petrochemicals industry is a key contributor to Singapore’s
economic growth. The refinery buildings category will be supported by projects such as the expansion and
upgrade of Singapore Refining Company in 2013 and the construction of a gasoline production project.
Singapore’s government invested heavily in rail and road infrastructure, and has a strong pipeline of
various rail transit projects nationwide. Owing to a sharp increase in traffic, Singapore’s road
infrastructure needs to be enhanced. The government aims to develop a high-performance rail network and
plans to increase the country’s Mass Rapid Transit (MRT) network to 360 km by 2030. The private
sector is the main source of healthcare funding and accounted for 63.9% of the healthcare expenditure in 2009.
Singapore’s government plans to double its healthcare budget over the next five years. A number of
healthcare facilities are planned to be constructed under the Healthcare 2020 plan. Low interest and
unemployment rates coupled with interest from foreign property buyers stimulated Singapore’s
residential construction market during the review period. The market is expected to continue to expand over
the forecast period and be driven by a population and economic growth, low unemployment rates and
increasing levels of disposable income. The government has taken measures to curb speculative demand for
the housing and real estate markets. Most notably, it announced an additional stamp duty on foreign buyers
and corporate entities, established a lower loan-to-value (LTV) ratio and placed a maximum cap on loan
tenure. In January 2013, the government increased Additional Buyer’s Stamp Duty (ABSD) from 5%
to 7% across the board and the minimum cash down payment from 10% to 15%.
table Of Contents
1 Executive Summary
2 Market Overview
2.1 The Domestic Economy
2.2 Key Trends And Issues
2.3 Key Construction Indicators
2.4 Benchmarking By Market Size And Growth
2.5 Price Dynamics
2.5.1 Salaries
2.5.2 Equipment
2.5.3 Materials
2.5.4 Energy
2.6 Porter’s Five Forces Analysis
2.6.1 Bargaining Power Of Suppliers – Low
2.6.2 Bargaining Power Of Buyers – Medium
2.6.3 Barriers To Entry – Low

2.6.4 Intensity Of Rivalry – High
2.6.5 Threat Of Substitution – High
2.7 Demographic Profile
3 Commercial Construction
3.1 Performance Outlook
3.3 Data And Project Highlights
4 Industrial Construction
5 Infrastructure Construction
6 Institutional Construction
7 Residential Construction
8 Company Profile: Cape Intermediate Holdings Plc
8.1 Cape Intermediate Holdings Plc – Company Overview
8.2 Cape Intermediate Holdings Plc – Main Services
8.3 Cape Intermediate Holdings Plc – Company Information
8.3.1 Cape Intermediate Holdings Plc – Key Competitors
8.3.2 Cape Intermediate Holdings Plc – Key Employees

9 Company Profile: United Engineers Ltd
9.1 United Engineers Ltd – Company Overview
9.2 United Engineers Ltd – Main Services
9.3 United Engineers Ltd – Company Information
9.3.1 United Engineers Ltd – Key Competitors
9.3.2 United Engineers Ltd – Key Employees
10 Company Profile: Sim Lian Group Ltd
10.1 Sim Lian Group Ltd – Company Overview
10.2 Sim Lian Group Ltd – Main Services
10.3 Sim Lian Group Ltd – Company Information
10.3.1 Sim Lian Group Ltd – Key Competitors
10.3.2 Sim Lian Group Ltd – Key Employees
11 Company Profile: Lian Beng Group Ltd
11.1 Lian Beng Group Ltd – Company Overview
11.2 Lian Beng Group Ltd – Main Services
11.3 Lian Beng Group Ltd – Company Information
11.3.1 Lian Beng Group Ltd – Key Competitors
11.3.2 Lian Beng Group Ltd – Key Employees
12 Company Profile: Chip Eng Seng Corporation Ltd
12.1 Chip Eng Seng Corporation Ltd – Company Overview
12.2 Chip Eng Seng Corporation Ltd – Main Products And Services
12.3 Chip Eng Seng Corporation Ltd – Company Information
12.3.1 Chip Eng Seng Corporation Ltd – Key Competitors
12.3.2 Chip Eng Seng Corporation Ltd – Key Employees
13 Market Data Analysis
13.1 Construction Output And Value Add
13.1.1 Construction Output By Project Type
13.1.2 Construction Output By Cost Type
13.1.3 Construction Output By Activity Type
13.1.4 Construction Value Add By Project Type
13.2 Commercial Construction
13.2.1 Commercial Construction Output By Project Type
13.2.2 Commercial Construction Output By Cost Type
13.2.3 Commercial Construction Output By Activity Type
13.2.4 Commercial Construction Value Add By Project Type

13.3 Industrial Construction
13.3.1 Industrial Construction Output By Project Type
13.3.2 Industrial Construction Output By Cost Type
13.3.3 Industrial Construction Output By Activity Type
13.3.4 Industrial Construction Value Add By Project Type
13.4 Infrastructure Construction
13.4.1 Infrastructure Construction Output By Project Type
13.4.2 Infrastructure Construction Output By Cost Type
13.4.3 Infrastructure Construction Output By Activity Type
13.4.4 Infrastructure Construction Value Add By Project Type
13.5 Institutional Construction
13.5.1 Institutional Construction Output By Project Type
13.5.2 Institutional Construction Output By Cost Type
13.5.3 Institutional Construction Output By Activity Type
13.5.4 Institutional Construction Value Add By Project Type
13.6 Residential Construction
13.6.1 Residential Construction Output By Project Type
13.6.2 Residential Construction Output By Cost Type
13.6.3 Residential Construction Output By Activity Type
13.6.4 Residential Construction Value Add By Project Type
14 Appendix
14.1 What Is This Report About?
14.2 Definitions
14.3 Summary Methodology
14.4 Methodology
14.5 Contact Timetric
14.6 About Timetric
14.7 Timetric’s Services
14.8 Disclaimer
ResearchMoz(http://www.researchmoz.us/) is the one stop online destination to find and buy market research
reports & Industry Analysis. We fulfill all your research needs spanning across industry verticals with our
huge collection of market research reports. We provide our services to all sizes of organizations and across all
industry verticals and markets. Our Research Coordinators have in-depth knowledge of reports as well as
publishers and will assist you in making an informed decision by giving you unbiased and deep insights on
which reports will satisfy your needs at the best price.
Contact:
M/s Sheela,
90 State Street,
Suite 700,

Albany NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free 866-997-4948
Email: sales@researchmoz.us
Website: http://www.researchmoz.us/

Construction Industry in Singapore to 2017

Recommended

Recommended

More Related Content

Recently uploaded

Recently uploaded (20)

Featured

Featured (20)

Construction Industry in Singapore to 2017