Asia Construction Forecasts

Insight into the building and construction industry throughout Asia. Using BIS Oxford Economics’ established methodology, the Asia Forecasting Services provide detailed overviews of historical trends as well as future prospects for building activity across 12 key Asian countries.

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The service provides regular reports that outline the key drivers of construction, and includes historical data as well as five years of forecasts for a range of building activity indicators, from approvals to commencements and completions. An economic overview section adds context for the overall sector, providing a broad understanding of important macroeconomic issues to supplement the analysis of residential, non-residential, and infrastructure construction.

The analysis and forecasts will be useful for analysts and senior management to gain a deeper understanding of the building and construction industry in the region. The report is essential for strategic development and planning, performance analysis, risk management and budgeting purposes.

Key Benefits

  • Detailed construction trend analysis and forecasts. Reports, which are updated four times a year, review the dwelling, non-dwelling, and civil engineering sectors and sub-sectors, with additional information on major construction projects that are at the planning stage are approved or under construction stages.
  • Consistent and comparable analysis and forecasts. BIS Oxford Economics’ established methodology allows for cross-country comparison, including the various segments of the construction industry.
  • Access to global economic views. Key Global Themes provide our analysis on global economic trends and their potential impacts.
  • Forecast databank. Access to historical data and construction forecasts for 12 Asia countries, updated each quarter to provide the latest data.
  • Advanced analytical functions. Our web-based databank allows users to quickly build custom queries with complete flexibility and visualise the data in tables, charts, and maps. Searches can be saved for future reference and downloaded quickly to Excel and Adobe formats, and even shown on a heat map.
  • Direct access to experts. Our top-tier consultants are readily available to provide support.

Country coverage

12 Asian countries: China, Hong Kong, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, Vietnam.

Forecast series included

  • Estimated common metrics to allow cross-country comparison:

    • Commencement value. Residential, non-residential and civil engineering (by subsectors).
    • Completions value. Residential, non-residential and civil engineering (by subsectors).

  • Actual detailed data analysed by country.

    • China. Floor area completions by residential and nonresidential and region; Investment in civil engineering construction.
    • Hong Kong. Work done value by residential, non-residential and civil engineering; Floor area approvals and completions by residential and non-residential.
    • India. Gross fixed capital formation by residential, non-residential and civil engineering.
    • Indonesia. Work done value by residential, non-residential and civil engineering.
    • Japan. Construction investment by residential, non-residential and civil engineering; Commencement value by residential, non-residential and civil engineering; Floor area commencements by residential and non-residential.
    • Malaysia. Commencement value by residential, non-residential and civil engineering; Work done value by residential, non-residential (6 subsectors) and civil engineering; Residential approvals, commencements and completions (units); Floor area completions by non-residential and major regions.
    • Philippines. Floor area approvals and approval value by residential and non-residential; Gross value added by civil engineering.
    • Singapore. Commencement and work done value by residential, non-residential and civil engineering.
    • South Korea. Commencement value by residential, non-residential and civil engineering; Floor area approvals by residential and nonresidential; Floor area commencements by residential and non-residential.
    • Taiwan. Gross fixed capital formation by residential, non-residential and civil engineering; Floor area commencements and completions by residential and non-residential.
    • Thailand. Gross fixed capital formation by residential, non-residential and civil engineering; Floor area approvals by residential, non-residential and region.
    • Vietnam. Gross value output by residential, non-residential and civil engineering; Floor area completions by residential; Investment in non-residential.

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