The value of Singapore construction market is forecasted by GlobalData 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 five largest construction projects initiated in Singapore during Q3 2024, according to GlobalData’s construction projects database.
Smarter leaders trust GlobalData
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. 10 Sakra Ave Resin Production Plant
The project involves the construction of an EVOH resin production plant with a production capacity of 18,000TPA resin in Singapore.
Construction work commenced in Q3 2024 and is expected to be completed in Q4 2026.
5. Bedok South Blossoms Residential Complex
The project involves the construction of nine 22-story residential blocks comprising 1,640 units in Singapore.
Construction work started in Q3 2024 and is expected to be completed in Q3 2027.
For more details on the latest construction projects, buy the profiles here.
Data Insights
From
The gold standard of business intelligence.
Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.
