Today's news selection contains the latest real estate related stories. Do you own a real estate/property/finance blog or news site? Send the URL to news@agent.sg so our editors can use them as sources.
Singapore construction demand is expected to remain strong this year after hitting a five-year high in 2019, said the Building and Construction Authority (BCA). In 2014, demand was S$38.8 billion, also the highest ever.
Last year’s total construction demand expanded by 9.5 per cent to reach S$33.4 billion, about S$1.4 billion higher than the upper bound of BCA’s 2019 forecast of S$27 billion to S$32 billion, mainly due to a stronger than expected increase in industrial construction demand for petrochemical facilities, despite the slowdown in manufacturing sector. Total preliminary construction demand last year for the public and private sector was S$19 billion and S$14.4 billion respectively.
BCA projects total construction demand (value of construction contracts to be awarded) to remain strong in 2020 due to sustained public sector construction demand. The total construction demand is expected to range between S$28 billion and S$33 billion this year.
Real estate related news stories from Singapore
- Pan Pacific group looks to landmark year with new brand, more hotels
- Astaka auditors flag going concern issues amid muted M'sian property market
- 11 retail shops in Sim Lim Square up for sale at S$22m
- Condo must pay unit owners $85,000 after false ceiling collapses
- Daily Briefing: Medtech firm eko.ai raises $5.4m in seed funding; Geylang Road development on en bloc sale for $5.24m
- Yanlord Land sets up 3 new business units, dissolved JV in China
- Chart of the Day: Home price growth moderated to 0.3% in Q4 2019
Public transport, traffic and other news stories from Singapore
- Over $1billion needed to triple cycling path network to 1,300km
- 3 of 4 delivery riders who applied for trade-in grant opt for e-bikes
- Forum: We need to set cleanliness standards so visitors will follow
- Raffles Hotel unveils brand new spa
- Government will work with StanChart marathon organisers to address traffic jam problems
- Cats in flats: HDB pet ownership policies have to 'strike a balance', says Lawrence Wong
- More than $1 billion needed to complete cycling path network: Lam Pin Min
Best Home Design Apps
- The Best Home Design Apps
- 10 Must-Have Apps for Serious Interior Design
- Free Online Decorating Tools
- 6 of the best free home and interior design tools, apps and software
- 10 best home design apps and home improvement apps for Android!
Masculine Kitchen Ideas
- 20 Sharp, Masculine Kitchens Perfect For Men
- 47 Awesome Masculine Kitchen Designs
- Kitchen Design for Men
- 5 Common Features Of Kitchens Designed For Men
- 20 Masculine Kitchen Visualizations Featuring Sleek Manly Designs
Previous news selection
2 Tras Street shophouses up for sale with S$12m and S$10m guide prices
About Agent.sg Daily Property News Selection
Agent.sg's Daily Property News Selection brings you the most important property market news in and around Singapore. We list the best articles on real estate development, property investment and on the property listing market on a daily basis - whoever stays out, misses out.
Contribute
If you also want to share an amazing article that you come across and it fits in the real estate / economy topics, just let it us know in e-mail. We don't guarantee to publish all, but we will some of them for sure. If you want us to bring out your own article, please contact us at news@agent.sg. Some references would also be highly welcome to send us from among your previous publications.
Advertise
Are you looking for some online distribution channels? You find one. Haven't you found a place for your traditional means of advertisement, like PR article or display banner? You've never been so close, just e-mail us at news@agent.sg and our colleague will get in touch with you.
