{"id":89643,"date":"2026-11-03T22:11:00","date_gmt":"2026-11-03T22:11:00","guid":{"rendered":"https:\/\/english.saigonbiz.com\/vn\/?p=89643"},"modified":"2026-11-04T02:04:26","modified_gmt":"2026-11-04T02:04:26","slug":"construction-industry-in-singapore-usd-46-59-billion-forecast-by-2032-as-residential-construction-anchors-sector-growth-reports-mordor-intelligence","status":"publish","type":"post","link":"https:\/\/english.saigonbiz.com\/vn\/construction-industry-in-singapore-usd-46-59-billion-forecast-by-2032-as-residential-construction-anchors-sector-growth-reports-mordor-intelligence\/","title":{"rendered":"Construction Industry in Singapore: USD 46.59 Billion Forecast by 2032 as Residential Construction Anchors Sector Growth, Reports Mordor Intelligence"},"content":{"rendered":"<p><em>Singapore construction market is growing at a 5.12% CAGR from 2027 to 2032, with the Outside Central Region (OCR) accounting for the largest geographical share at 39.58% in 2026.<\/em><\/p>\n<p align=\"left\" style=\"padding-left:0px; text-align:left;\">Hyderabad, India, Nov.  03, 2026  (GLOBE NEWSWIRE) &#8212; According to Mordor Intelligence, the\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=uOiGDfjqxSzP3D-QbrV7B6xJJdEkIip9FlwPikSbgfhRH_TkwlIP8FLia8W8I1Krvv2Z1ysvioFnEZ8QbVhBh9qZbHfkmScous-NOpXIm2aRAIb_8zR-y0PgOqyOBrysK0YkT-Pmhogg142aJoM_F4oedFAEbr-ubnaVVOEdU8fRiKNeRYZpA_fKebU6_Djxw-ISVpS4EM0sfkXRhtJaG5rseg2v6N8-5tjlzPHbPyQ=\" rel=\"nofollow\" target=\"_blank\" title=\"\"><b>Singapore construction market size<\/b><\/a> was valued at <b>USD 34.28 billion in 2026 <\/b>and is estimated at <b>USD 36.3 billion in 2027<\/b>, reaching <b>USD 46.59 billion by 2032 at a 5.12% CAGR<\/b><b> during (2027-<\/b><b>2032)<\/b>. Continued investment in housing and transport infrastructure is supporting project activity, while carbon standards and greater adoption of prefabricated components are increasing the focus on coordinated design and production. Labor constraints are limiting workforce flexibility, while Middle East shipping disruptions are adding pressure to construction input costs and delivery schedules. Contractors are increasingly turning to joint ventures and integrated building-system solutions to manage complex projects and improve execution efficiency.\u00a0<\/p>\n<p align=\"left\" style=\"padding-left:0px; text-align:left;\"><b>Singapore Construction Market Growth Drivers<\/b>\u00a0<\/p>\n<p align=\"left\" style=\"padding-left:0px; text-align:left;\"><b>Major port and airport projects strengthen infrastructure activity<\/b>\u00a0<\/p>\n<p align=\"left\" style=\"padding-left:0px; text-align:left;\">Large-scale developments at Tuas Port and Changi Airport are reinforcing Singapore\u2019s civil infrastructure pipeline. Work across port expansion, airport facilities, marine construction, and supporting transport infrastructure is creating steady opportunities for contractors and specialist service providers. These complex projects require expertise in dredging, reclamation, ground preparation, marine engineering, and heavy equipment operations. As multiple project packages progress at different stages, they are supporting sustained construction activity and expanding opportunities across the infrastructure supply chain.\u00a0<\/p>\n<p align=\"left\" style=\"padding-left:0px; text-align:left;\"><b>Green building standards strengthen demand for low-carbon construction<\/b>\u00a0<\/p>\n<p align=\"left\" style=\"padding-left:0px; text-align:left;\">Singapore\u2019s green building requirements are encouraging contractors and developers to place greater emphasis on embodied carbon and sustainable material choices. Green Mark standards increasingly connect building performance with the selection and documentation of materials such as concrete, steel, and glass. This creates opportunities for contractors that can support carbon assessments, optimize material use, and demonstrate measurable environmental performance throughout the project lifecycle.\u00a0<\/p>\n<p align=\"left\" style=\"padding-left:0px; text-align:left;\"><b>Data center expansion creates opportunities for specialized construction<\/b>\u00a0<\/p>\n<p align=\"left\" style=\"padding-left:0px; text-align:left;\">The easing of restrictions on new data center capacity is opening additional opportunities for Singapore\u2019s construction industry. New facilities require specialized building designs, advanced cooling systems, power infrastructure, and energy-efficient technologies alongside conventional construction work. This is expanding the scope of projects for contractors with expertise in high-performance facilities, integrated building systems, and sustainable infrastructure.\u00a0<\/p>\n<p align=\"left\" style=\"padding-left:0px; text-align:left;\"><b>Key Segments Covered in the Singapore Construction Market Report<\/b>\u00a0<\/p>\n<p align=\"left\" style=\"padding-left:0px; text-align:left;\"><b>By Sector<\/b>\u00a0<\/p>\n<ul type=\"disc\">\n<li><b>Residential<\/b>\u00a0<\/li>\n<\/ul>\n<ul type=\"circle\">\n<li>Apartments \/ Condominiums\u00a0<\/li>\n<\/ul>\n<ul type=\"circle\">\n<li>Villas and Landed Houses\u00a0<\/li>\n<\/ul>\n<ul type=\"disc\">\n<li><b>Commercial<\/b>\u00a0<\/li>\n<\/ul>\n<ul type=\"circle\">\n<li>Office\u00a0<\/li>\n<\/ul>\n<ul type=\"circle\">\n<li>Retail\u00a0<\/li>\n<\/ul>\n<ul type=\"circle\">\n<li>Industrial and Logistics\u00a0<\/li>\n<li>Others\u00a0<\/li>\n<\/ul>\n<ul type=\"disc\">\n<li><b>Infrastructure<\/b>\u00a0<\/li>\n<\/ul>\n<ul type=\"circle\">\n<li>Transportation Infrastructure (Roadways, Railways, Airways, Others)\u00a0<\/li>\n<\/ul>\n<ul type=\"circle\">\n<li>Energy &amp; Utilities\u00a0<\/li>\n<\/ul>\n<ul type=\"circle\">\n<li>Others\u00a0<\/li>\n<\/ul>\n<p align=\"left\" style=\"padding-left:0px; text-align:left;\"><b>By Construction Type<\/b>\u00a0<\/p>\n<ul type=\"disc\">\n<li>New Construction\u00a0<\/li>\n<\/ul>\n<ul type=\"disc\">\n<li>Renovation \/ Retrofit\u00a0<\/li>\n<\/ul>\n<p align=\"left\" style=\"padding-left:0px; text-align:left;\"><b>By Construction Method<\/b>\u00a0<\/p>\n<ul type=\"disc\">\n<li>Conventional On-Site\u00a0<\/li>\n<\/ul>\n<ul type=\"disc\">\n<li>Modern Methods of Construction\u00a0<\/li>\n<\/ul>\n<p align=\"left\" style=\"padding-left:0px; text-align:left;\"><b>By Investment Source<\/b>\u00a0<\/p>\n<ul type=\"disc\">\n<li>Public\u00a0<\/li>\n<\/ul>\n<ul type=\"disc\">\n<li>Private\u00a0<\/li>\n<\/ul>\n<ul type=\"disc\">\n<li>Public-Private Partnership (PPP)\u00a0<\/li>\n<\/ul>\n<p align=\"left\" style=\"padding-left:0px; text-align:left;\"><b>By Geography<\/b>\u00a0<\/p>\n<ul type=\"disc\">\n<li>Core Central Region (CCR)\u00a0<\/li>\n<\/ul>\n<ul type=\"disc\">\n<li>Rest of Central Region (RCR)\u00a0<\/li>\n<\/ul>\n<ul type=\"disc\">\n<li>Outside Central Region (OCR)\u00a0<\/li>\n<\/ul>\n<p align=\"left\" style=\"padding-left:0px; text-align:left;\"><b>Key construction segments shaping the market growth\u00a0<\/b>\u00a0<\/p>\n<p align=\"left\" style=\"padding-left:0px; text-align:left;\"><b>Residential construction:<\/b> Continued demand for housing, including BTO developments, supports a steady flow of residential projects. New housing supply creates opportunities across building materials, engineering, and construction services, making residential development an important contributor to overall market growth.\u00a0<\/p>\n<p align=\"left\" style=\"padding-left:0px; text-align:left;\"><b>Commercial construction:<\/b> Office, retail, industrial, and logistics developments add another layer of demand. The expansion of business facilities and specialized commercial spaces supports construction activity while creating opportunities for contractors involved in modern building systems and energy-efficient solutions.\u00a0<\/p>\n<p align=\"left\" style=\"padding-left:0px; text-align:left;\"><b>Civil infrastructure:<\/b> Transport, utilities, and other public infrastructure projects provide long-term support to the construction pipeline. Large-scale developments such as ports, airports, roads, and rail infrastructure require significant engineering and construction capabilities, helping sustain demand across multiple project stages.\u00a0<\/p>\n<p align=\"left\" style=\"padding-left:0px; text-align:left;\"><b>Jayveer V, Senior Research Manager, Mordor Intelligence says,\u00a0<\/b><i>\u201cMordor Intelligence combines consistent market definitions, transparent report structures, and systematic analysis of reported industry activity, giving <\/i><i>decision-makers<\/i><i> a clear basis for assessing Singapore\u2019s construction market and comparing findings across periods, segments, and geographies.\u201d<\/i>\u00a0<\/p>\n<p align=\"left\" style=\"padding-left:0px; text-align:left;\"><b>Singapore Construction Market Analysis by Region<\/b>\u00a0<\/p>\n<p align=\"left\" style=\"padding-left:0px; text-align:left;\">The <b>Core Central Region (CCR)<\/b>, particularly the Downtown Core, is evolving as a mixed-use area combining offices, residential activity, and supporting amenities. Development guidelines also emphasize pedestrian connectivity, with covered walkways incorporated along selected site boundaries and building setbacks. These requirements influence ground-floor planning and encourage developers to integrate accessible pedestrian spaces into project designs, supporting more connected and user-friendly developments in the central business district.\u00a0<\/p>\n<p align=\"left\" style=\"padding-left:0px; text-align:left;\">The <b>Outside Central Region (OCR)<\/b> remains a key growth area for Singapore\u2019s construction market, supported by strong suburban housing activity. New residential developments across Woodlands, Sembawang, and other suburban locations are adding to the construction pipeline. Continued demand for public housing is sustaining homebuilding activity, creating opportunities for developers, contractors, and building-material suppliers across the region.\u00a0<\/p>\n<p align=\"left\" style=\"padding-left:0px; text-align:left;\">The <b>Rest of Central Region (RCR)<\/b> is supported by integrated developments that combine public services, community facilities, and recreational spaces. The planned Toa Payoh Integrated Development brings together a sports center, healthcare facility, public library, and town park within one project. Its multi-purpose structure requires coordination among various agencies and specialist contractors, creating opportunities across construction, engineering, and facility development.\u00a0<\/p>\n<p align=\"left\" style=\"padding-left:0px; text-align:left;\"><b>Access this Report in Japanese: <\/b><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=s7cJ9zqZ7MIZt9q0NhJBcMMH_SZRKjcdgkh15RXaXXHTfBQxH92CvF5fAL3AMJN1C3jZ9kiTpiDkY3IWpdBUkjScJz3uI9zvpXo14AbUlioI6pVFP8a6RgJqeKk_tPEAxOyJKquc1WKUiJ-vjeoxTEKiva7MNX2CJMQooHRol55cCwV5OTdsk4oMMToCN-wa_hufNuwo2vMW9UfD5hOpUSQnCvwSLXDXaSaDivK8AVqm201Qk6zbhPve1uhr-0laX6E2qlW6WiDuJeoUZsdV5v1yUGmO8hEUG2YpJcMKT360cLlHZuGY6zyOKPUJm-_9iO6giGmVNxyHlP6TeiaT4A==\" rel=\"nofollow\" target=\"_blank\" title=\"\"><b>https:\/\/www.mordorintelligence.com\/ja\/industry-reports\/singapore-construction-market<\/b><b>?utm_source=globenewswire<\/b><\/a>\u00a0<\/p>\n<p align=\"left\" style=\"padding-left:0px; text-align:left;\"><b>Overview \u2013 Singapore Construction <\/b><b>Industry<\/b>\u00a0<\/p>\n<table style=\"border-collapse: collapse; margin-right:0px; width:100%; border-collapse:collapse ;\">\n<tr>\n<td style=\"border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; \"><b>Study Period\u00a0\u00a0<\/b>\u00a0<\/td>\n<td style=\"border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; \">2020 &#8211; 2032\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; \"><b>Market Size in 2026<\/b>\u00a0<\/td>\n<td style=\"border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; \">USD 34.28 Billion\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; \"><b>Market Size in 2027<\/b>\u00a0<\/td>\n<td style=\"border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; \">USD 36.3 Billion\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; \"><b>Market Size Forecast 2032<\/b>\u00a0<\/td>\n<td style=\"border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; \">USD 46.59 Billion\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; \"><b>Industry Expansion<\/b>\u00a0<\/td>\n<td style=\"border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; \">Growing at a CAGR of 5.12% during 2027-2032\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; \"><b>Segments Covered<\/b>\u00a0<\/td>\n<td style=\"border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; \">By Sector, By Construction Type, By Construction Method, By Investment Source and By Geography\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; \"><b>Customization Scope<\/b>\u00a0<\/td>\n<td style=\"border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; \">Choose tailored purchase options designed to align precisely with your research requirements.\u00a0<\/td>\n<\/tr>\n<\/table>\n<p><b><br \/>Key Companies Covered in the Singapore Construction <\/b><b>Industry<\/b>\u00a0<\/p>\n<ul type=\"disc\">\n<li>Woh Hup (Private) Ltd.\u00a0<\/li>\n<\/ul>\n<ul type=\"disc\">\n<li>Obayashi Singapore Pte. Ltd.\u00a0<\/li>\n<\/ul>\n<ul type=\"disc\">\n<li>Dragages Singapore Pte. Ltd.\u00a0<\/li>\n<\/ul>\n<ul type=\"disc\">\n<li>Penta-Ocean Construction Co., Ltd. (Singapore)\u00a0<\/li>\n<\/ul>\n<ul type=\"disc\">\n<li>Lum Chang Building Contractors Pte. Ltd.\u00a0<\/li>\n<\/ul>\n<ul type=\"disc\">\n<li>Tiong Seng Contractors (Pte.) Ltd.\u00a0<\/li>\n<\/ul>\n<ul type=\"disc\">\n<li>Gammon Pte. Ltd.\u00a0<\/li>\n<\/ul>\n<ul type=\"disc\">\n<li>Samsung C&amp;T Corp. (Singapore)\u00a0<\/li>\n<\/ul>\n<ul type=\"disc\">\n<li>Lendlease Singapore Pte. Ltd.\u00a0<\/li>\n<\/ul>\n<ul type=\"disc\">\n<li>Kajima Overseas Asia (Singapore) Pte. Ltd.\u00a0<\/li>\n<\/ul>\n<ul type=\"disc\">\n<li>China Construction (South Pacific) Dev. Co. Pte. Ltd.\u00a0<\/li>\n<\/ul>\n<ul type=\"disc\">\n<li>Ssangyong Engineering &amp; Construction Co., Ltd. (Singapore)\u00a0<\/li>\n<\/ul>\n<ul type=\"disc\">\n<li>Hock Lian Seng Infrastructure Pte. Ltd.\u00a0<\/li>\n<\/ul>\n<ul type=\"disc\">\n<li>Koon Construction &amp; Transport Co. Pte. Ltd.\u00a0<\/li>\n<\/ul>\n<ul type=\"disc\">\n<li>Straits Construction Singapore Pte. Ltd.\u00a0<\/li>\n<\/ul>\n<ul type=\"disc\">\n<li>Takenaka Corp. (Singapore Office)\u00a0<\/li>\n<\/ul>\n<ul type=\"disc\">\n<li>Civil Tech Pte. Ltd.\u00a0<\/li>\n<\/ul>\n<ul type=\"disc\">\n<li>BHCC Construction Pte. Ltd.\u00a0<\/li>\n<li>United Engineers Ltd.\u00a0<\/li>\n<li>Chip Eng Seng Contractors (1988) Pte. Ltd. \u00a0<\/li>\n<\/ul>\n<p align=\"left\" style=\"padding-left:0px; text-align:left;\"><b>Get in-depth industry insights on the Singapore construction market research report: <\/b><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=s7cJ9zqZ7MIZt9q0NhJBcMMH_SZRKjcdgkh15RXaXXGntkiY0aih8VYUUqfCtuyfJqjVJhMM9kMngyWqJS3b8zNZm1FjThCMi3admoT9F0JSL8yPVfYQ-FIpioVDd0_45YRJ3R-9vbv1nUXNSCzXpmjsQNuz1GLKqY2rXoGycVNryJA1E8zhm82OHEHOhLcY9LmuOk_0nX6SVgp9Kaw4IEJZNOyNc7Z_wUpfGnJn4gEMumtPdchibi5idcfIymWulDWURimvzdxNNRduJm5MVt_oWunZKUfMPI_lFWGJuRxn3F-vfajenwiVVyompY9u\" rel=\"nofollow\" target=\"_blank\" title=\"\"><b>https:\/\/www.mordorintelligence.com\/industry-reports\/singapore-construction-market<\/b><b>?utm_source=globenewswire<\/b><\/a>\u00a0<\/p>\n<p align=\"left\" style=\"padding-left:0px; text-align:left;\"><b>Explore Trending Reports from Mordor Intelligence<\/b>\u00a0<\/p>\n<p align=\"left\" style=\"padding-left:0px; text-align:left;\"><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=G0pxlBK-j0h69FbU4jjHdRyfhz99__SFFtgXkLT0qYXtl2Bv79mVrrq1HoORqhLOWkFOBjodaqz8hRyQeCXOfEwVL9jfatNWHokQOu5yx1C4pMfre6tAyBS0K7odnMCUaBLXwp6R6bCoQYhd9SXZyQfsRFmNlW3d8THpI76TQkaLJ1LX8KFbVkjavxPtGu2LIh9Ef1EEODqgqztyx22VKZw4CsKtezZrA76Bood7VRQ=\" rel=\"nofollow\" target=\"_blank\" title=\"\"><b>Australia Construction Market Size<\/b><\/a><b>:<\/b> Australia\u2019s construction market is estimated at USD 173.18 billion in 2026, up from USD 166.36 billion in 2025, and is projected to reach USD 211.71 billion by 2031, expanding at a 4.1% CAGR from 2026 to 2031. Market growth is supported by substantial government stimulus, strong migration-led housing requirements, and increased public spending on transport infrastructure and clean-energy projects.\u00a0<\/p>\n<p align=\"left\" style=\"padding-left:0px; text-align:left;\"><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=5V0aysUySWDcAefys-bNEK4Lqx7WfAtbNJRhIiU0VJYSScpNN_v2ZCZ8ZCDScqvgnO6Ypxa1cnj27FvQIqmuacVZ2hYIpJ6lqra6BTI2Ta5vldFkOpsyPK2ZhN--rkDkxwpBLqheafuHGuQFuDc-eCH0tipZuX7FPTr06KP4W6_42yIgGONsZOwmI2VPKckZAcUWbm4bvlUp2cD1TWkg15aEo2b_Zp3cqQleT_7nYZY=\" rel=\"nofollow\" target=\"_blank\" title=\"\"><b>Spain Construction Market Share<\/b><\/a><b>: <\/b>The Spain construction market report is segmented by sector, covering residential, commercial, and infrastructure; by construction type, including new construction and renovation; by construction method, such as conventional on-site construction and other methods; by investment source, covering public and private investment; and by geography, including Andalusia, Catalonia, Madrid, Valencia, and the rest of Spain. Market forecasts are presented in USD value terms.\u00a0<\/p>\n<p align=\"left\" style=\"padding-left:0px; text-align:left;\"><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=x4PUkL5vGLXiz2bX6vyRjO14R7nUtzj9ZcGzMmyebFjFC0feXMpcoGOs1d0LkYAJ6aXgeQP3zi6GsUDvP1WBhkAsPF1DjyE0LezmkdNYF9nrjogwmHf7PqHNx3kJwpYsLikTYOBzSPwWUNvBZ5qKuHV1snIBFYSUm04T-6gxt-UGSHCcOjDlt1WNsEye8A_MPrKQhs_i4KUICdR9TOsCh2GSvQPUuV2Ux0Gp-g1PVeY=\" rel=\"nofollow\" target=\"_blank\" title=\"\"><b>UK Construction Market Size<\/b><\/a><b>: <\/b>The UK construction market was valued at USD 325.3 billion in 2026 and is estimated at USD 337.6 billion in 2027, reaching USD 402.5 billion by 2032 at a 3.58% CAGR. Public construction programs and funded home upgrades are supporting demand in England, while shortages of skilled trades and uncertainty around material and supply costs remain key challenges for contractors.\u00a0<\/p>\n<p align=\"left\" style=\"padding-left:0px; text-align:left;\"><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=j2glKt7HD7aabGPRkeb7xzrtMn4HkzWiU5PBYhFE6mQqCcV2n8w8XfY8xEmBoSswxPwGJp85u30T8XpKFmAFuvDC-37gaDmgmvvR79akdfi39WABFhwhKDb-D1Zhi9FaQINMLZSuFJB0NQDkfReLvB2_tPY5_ZMu3KuJ5zCL8a7g_2qYdMGqcvWepEewJIhCSINsxe_JyNkhzoI1ZMYHH0Rf3nVq6enzYPEkLuJGxuGLEYMML5Pcr-eAivGzdHJy\" rel=\"nofollow\" target=\"_blank\" title=\"\"><b>Canada Residential Construction Market<\/b><\/a><b>: <\/b>The Canada residential construction market is led by PCL Construction, EllisDon, and Graham Construction, which leverage proprietary climbing systems and extensive tall-tower experience to secure large projects backed by institutional investors. Rising labor costs are putting pressure on margins, encouraging these contractors to explore modular joint ventures aimed at improving efficiency and supporting stronger returns.\u00a0<\/p>\n<p align=\"left\" style=\"padding-left:0px; text-align:left;\"><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=2cVwTshk-bkDTDw7UKzzIe0bVlQdNzEnA5o3MwZTf5Nd3AMMPb31d_TowTXic9mnwTgghiRTdq89eTN1jtpJHFPTINFrJyKAzJB-sw1GtP3vd3wtnFHbh5UYOWYr59z8yHd-6lLpYWa8pD9wt7bD7iOYshEvJwzZJkawizILUsUKCQkRg-3tCegE01oC6Kb5ycPJgsGsDNaPlqBnOy_b7lgO5sYw6UIdbEXfYdAF80E=\" rel=\"nofollow\" target=\"_blank\" title=\"\"><b>Japan Construction Market Growth<\/b><\/a><b>:<\/b> Japan\u2019s construction market was valued at USD 528.41 billion in 2025 and is estimated at USD 553.77 billion in 2026, with the market projected to reach USD 709 billion by 2031 at a 5.07% CAGR. Growth is supported by consistent public works investment, government-backed seismic retrofitting, and rising construction activity in renewable energy and semiconductor projects.\u00a0<\/p>\n<p align=\"left\" style=\"padding-left:0px; text-align:left;\"><b>About Mordor Intelligence<\/b>\u00a0<\/p>\n<p align=\"left\" style=\"padding-left:0px; text-align:left;\">Mordor Intelligence is a global market intelligence firm, founded in 2014, helping businesses make informed decisions through data-driven insights, industry expertise, and advanced analytics. With 550+ domain experts and on-ground specialists across 180+ countries, the company delivers comprehensive intelligence across aerospace &amp; defense, agriculture, automation, automotive, chemicals &amp; materials, consumer goods &amp; services, electronics, energy &amp; power, financial services, food &amp; beverages, healthcare, hospitality &amp; tourism, information &amp; communications technology, and logistics.\u00a0<\/p>\n<p align=\"left\" style=\"padding-left:0px; text-align:left;\">Its offerings include <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=YhM6Lx6Q60WReGKDIQvr-HnJxEuZjDZKJngC3WX_74PNXByi7MhQWLCs62y2-PajDnb0INozKpRFF73t_ASzXUvG3ObsnhJGDPEc7-sfRfkU_6iBLSh9HkxG8v3FcXS0rhmGuQyqnWUEg4LKfBhNlPphj0uQi4RHzDev0MSxVjzCj35QX2TWZVgXAJvWwMch\" rel=\"nofollow\" target=\"_blank\" title=\"\"><b>syndicated industry reports<\/b><\/a>, custom research and advisory, and subscription platforms such as <b>Synapse<\/b><b>, <\/b><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=jC8BMHwSrnFULcYB_4CRud5udBkfkVfQ9ft9xL4mJIHy1j0Ea0BAJ_9WsDvF0Eq1dCcXso--Omuc1D1dkf4nk-Wser458VDPBwWQ8PNKQKkYE1YGNAioKWE4-yfIhpp6hx7e3TwwILwl0x4zRKgDH2lH-JckWTq-NiUSTQ1mjHFRLTOuf9RvbpQs8DVDtgqLxdt0_rgHh9gyw54CZfjlLA==\" rel=\"nofollow\" target=\"_blank\" title=\"\"><b>Data Center Intelligence<\/b><\/a>, <b>and <\/b><b>Robotics Intelligence<\/b>. Mordor Intelligence is ISO 9001:2015 and ISO\/IEC 27001:2022 certified, a member of ESOMAR and the Market Research Society of India, and a four-time Great Place to Work\u00ae honoree. Learn more at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=8BnMMgL-xLSpzI4kFZqRPQX0gba1ctwbFRexxOiBglwg3yt8R_-k1aD8ywI93dlt2Yk1UaHvr4DhMmvuv6HIzXwlzQbfeiW7IzYH3ALLGt57kb83Agt37wW4oarU1RIQQj1jGPTEcwQz1jhSw_Rjiw==\" rel=\"nofollow\" target=\"_blank\" title=\"\"><b>mordorintelligence.com<\/b><\/a>.\u00a0<\/p>\n<pre>CONTACT: For any inquiries or to access the full report, please contact:\nmedia@mordorintelligence.com\nhttps:\/\/www.mordorintelligence.com\/contact-us <\/pre>\n<p><img alt=\"\" src='https:\/\/ml.globenewswire.com\/media\/NGQ1MzdiNjktYzQ1Mi00Y2EwLThkZmQtMjk5ZjMwOGE5ZTgxLTEyNjMzNjAtMjAyNi0xMS0wMy1lbg==\/tiny\/Mordor-Intelligence-Private-Li.png' referrerpolicy='no-referrer-when-downgrade' \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Singapore construction market is growing at a 5.12% CAGR from 2027 to 2032, with the Outside Central Region (OCR) accounting for the largest geographical share at 39.58% in 2026. Hyderabad, India, Nov. 03, 2026 (GLOBE NEWSWIRE) &#8212; According to Mordor Intelligence, the\u00a0Singapore construction market size was valued at USD 34.28 billion in 2026 and is [&#8230;]\n","protected":false},"author":1,"featured_media":89644,"comment_status":"open","ping_status":"closed","sticky":false,"template":"Default","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":["post-89643","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-globe-newswire"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.6 (Yoast SEO v21.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Construction Industry in Singapore: USD 46.59 Billion Forecast by 2032 as Residential Construction Anchors Sector Growth, Reports Mordor Intelligence - Biz and Live in Saigon<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" 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