Building And Construction In Asia Pacific > Singapore > Singapore

Singapore: Building and Construction in Singapore 2020-2024: June 2020 Update

Further declines are expected into Q2 2020 as Circuit Breaker (CB) measures are enforced. While the declines are forecast to improve over H2 2020 as restrictions are eased, 2020 will see total construction commencements dive 27.9% amid poor economic conditions and weak demand across the property sector. All segments, residential (-14.0%) building, non-residential (-38.6%) and civil engineering (-22.1%), will contribute to the decline.

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