According to GlobalData, the value of Singapore construction market is forecast to grow by 5.4% in real terms in 2024, having grown by 6.6% in 2023. A key growth market will be the infrastructure market, with output rising by 3.8% in real terms. GlobalData tracks and profiles all major construction projects from announcement to completion. For further insight on this market, buy the latest profiles here.
Here are the top five multi-family housing construction projects that commenced in Singapore in Q3 2024, according to GlobalData’s construction projects database.
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1. Parc Meadow @ Tengah
The project involves the construction of fifteen residential blocks of 13 stories comprising 1985 units in Singapore.
Construction work started in Q3 2024 and is expected to be completed in Q2 2029.
2. Ghim Moh Natura
The project involves the construction of Four residential blocks ranging from 15 to 40-story tall comprising 991 units in Northwest.
Construction work commenced in Q3 2024 and is expected to finish in Q4 2028.
3. Grand Dunman Residential Complex
The project involves the construction of seven, 18-story residential blocks comprising 1,040 units on 2.5ha of land in District 15.
Construction work started in Q3 2024 and is forecast to complete in Q4 2028.
The project aims to provide better residential facilities in the region.
4. Bedok South Blossoms Residential Complex
The project involves the construction of nine 22-story residential blocks comprising 1,640 units in Singapore.
Construction work commenced in Q3 2024 and is expected to be completed in Q3 2027.
5. Tenteram Vantage
The project involves the construction of four residential blocks ranging from 30 to 32 stories comprising 1040 units in Singapore.
Construction work started in Q3 2024 and is expected to be completed in Q4 2028.
For more details on the latest construction projects, buy the profiles here.
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