- According to the Building and Construction Authority (BCA), total construction demand in 2026 is forecast to range between S$47 billion and S$53 billion, positioning the sector on a high plateau following the exceptional performance in 2025. This stability reflects the continuation of large-scale public sector projects and the gradual revival of private commercial developments.
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Review of Construction Demand in 2025.
- The year 2025 marked a watershed for Singapore’s construction sector, with total construction demand reaching S$50.5 billion, placing it among the strongest annual outcomes recorded in more than a decade. This represented a sharp expansion from the S$44.6 billion achieved in 2024 and validated the effectiveness of the government’s sustained investment in infrastructure, public housing and institutional development.
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Looking beyond 2026.
- Singapore’s construction demand is expected to moderate modestly but remain structurally elevated. The BCA projects that total construction demand in the period from 2027 to 2030 will average between S$39 billion and S$46 billion per annum. This range, although lower than the peak levels of 2025 and 2026, is still meaningfully above pre-COVID norms and reflects the enduring strength of Singapore’s infrastructure pipeline.
- The medium-term outlook is underpinned by new packages for Changi Airport Terminal 5, Cross Island MRT Line Phase 3, renewal of the MRT signalling system, redevelopment of the National University Hospital, Integrated Waste Management Facility Phase 2, the new Singapore University of Social Sciences city campus at Ophir Road, expansion of the Changi Water Reclamation Plant, and infrastructure works for the Greater Sentosa Master Plan.
Not just “Build to Order” but “Build to Minister's Order”.
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