Singapore Residential Construction Market Summary, Competitive Analysis and Forecast, 2017-2026
Summary
Residential Construction in Singapore industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2017-21, and forecast to 2026). 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. Market value is defined in general as the total output value of construction activity in any given time period, including costs related to construction materials, equipment and services for new construction, refurbishment, repair and maintenance and demolition. All market data and forecasts are represented in nominal terms (i.e. without adjustment for inflation) and all currency conversions used in the creation of this report have been calculated using constant 2021 annual average exchange rates.
- The Singaporean residential construction market had total revenues of $4.8bn in 2021, representing a compound annual growth rate (CAGR) of -9.5% between 2016 and 2021.
- The new construction segment was the market's most lucrative in 2021, with total revenues of $3.3bn, equivalent to 68.1% of the market's overall value.
- The market rebounded strongly in 2021 despite a decline in each of the other years in the historic period.
- 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 by both value and volume
- What was the size of the Singapore residential construction market by value in 2021?
- What will be the size of the Singapore residential construction market in 2026?
- What factors are affecting the strength of competition in the Singapore residential construction market?
- How has the market performed over the last five years?
- Who are the top competitors in Singapore's residential construction market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Category segmentation
- 1.4. Geography segmentation
- 1.5. Market rivalry
- 1.6. Competitive Landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who were the leading players in 2021?
- 7.2. How is new technology being incorporated into leading players’ business practices?
- 7.3. Which companies were behind the biggest residential construction projects in recent years?
- 8 Company Profiles
- 8.1. City Developments Ltd
- 8.2. Chip Eng Seng Corporation Ltd
- 8.3. Far East Organization Centre Pte Ltd
- 8.4. Oxley-Lian Beng Pte Ltd
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: Singapore residential construction sector value: $ million, 2017-21
- Table 2: Singapore residential construction sector category segmentation: % share, by value, 2017-2021
- Table 3: Singapore residential construction sector category segmentation: $ million, 2017-2021
- Table 4: Singapore residential construction sector geography segmentation: $ million, 2021
- Table 5: Singapore residential construction sector value forecast: $ million, 2021-26
- Table 6: City Developments Ltd: key facts
- Table 7: City Developments Ltd: Annual Financial Ratios
- Table 8: City Developments Ltd: Key Employees
- Table 9: Chip Eng Seng Corporation Ltd: key facts
- Table 10: Chip Eng Seng Corporation Ltd: Annual Financial Ratios
- Table 11: Chip Eng Seng Corporation Ltd: Key Employees
- Table 12: Far East Organization Centre Pte Ltd: key facts
- Table 13: Far East Organization Centre Pte Ltd: Key Employees
- Table 14: Oxley-Lian Beng Pte Ltd: key facts
- Table 15: Oxley-Lian Beng Pte Ltd: Annual Financial Ratios
- Table 16: Oxley-Lian Beng Pte Ltd: Key Employees
- Table 17: Singapore size of population (million), 2017-21
- Table 18: Singapore gdp (constant 2005 prices, $ billion), 2017-21
- Table 19: Singapore gdp (current prices, $ billion), 2017-21
- Table 20: Singapore inflation, 2017-21
- Table 21: Singapore consumer price index (absolute), 2017-21
- Table 22: Singapore exchange rate, 2017-21
- List of Figures
- Figure 1: Singapore residential construction sector value: $ million, 2017-21
- Figure 2: Singapore residential construction sector category segmentation: $ million, 2017-2021
- Figure 3: Singapore residential construction sector geography segmentation: % share, by value, 2021
- Figure 4: Singapore residential construction sector value forecast: $ million, 2021-26
- Figure 5: Forces driving competition in the residential construction sector in Singapore, 2021
- Figure 6: Drivers of buyer power in the residential construction sector in Singapore, 2021
- Figure 7: Drivers of supplier power in the residential construction sector in Singapore, 2021
- Figure 8: Factors influencing the likelihood of new entrants in the residential construction sector in Singapore, 2021
- Figure 9: Factors influencing the threat of substitutes in the residential construction sector in Singapore, 2021
- Figure 10: Drivers of degree of rivalry in the residential construction sector in Singapore, 2021
Research Assistance
Download our eBook: How to Succeed Using Market Research
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook