Singapore Construction Sector Stocks - UOB Kay Hian 2026-01-20: Finding Alpha As Valuations Re-rate

• Singapore construction sector is set to outperform, with strong construction demand and orderbook visibility of 2-4 years.
• Maintain OVERWEIGHT. Top picks are Centurion (SGX:OU8) (Target Price: S$1.90), Reclaims Global (SGX:NEX) (Target Price: S$0.56) and Tiong Woon (SGX:BQM) (Target Price: S$1.11).

Singapore’s construction upcycle is firmly intact

• - Read this at SGinvestors.io -
• - Read this at SGinvestors.io -

Public sector anchors demand.

• Read more at SGinvestors.io.

Heidi Mo UOB Kay Hian Research | Tang Kai Jie UOB Kay Hian Research | https://research.uobkayhian.com/ 2026-01-20

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