Construction

Singapore’s small builders seen facing debt troubles amid curbs

Singapore's small construction firms are likely to face more difficulties repaying debt as a clampdown on property speculation worsens their already tight liquidity. The island's economy grew at a slower pace in the second quarter than initially projected as construction plunged. Singapore increased stamp duties for developers in July, and also tightened borrowing limits for individuals taking up their...

BCA launches new programme, rating for Super Low Energy non-residential buildings

The Building and Construction Authority (BCA) on Wednesday (Sep 5) launched the Super Low Energy (SLE) Programme in a bid to improve energy efficiency at non-residential buildings. Under the programme, BCA introduced a new benchmark to recognise buildings that have achieved either Super Low Energy or Zero Energy status. The new Green Mark (GM) for SLE voluntary certification framework provides...

Will property curbs put Singapore’s construction sector on shaky ground?

The local construction sector, which has been showing signs of bottoming out, could find itself on shaky ground again following the latest property cooling measures, some economists said. Advance estimates from the Ministry of Trade and Industry (MTI) on Friday (Jul 13) showed the industry shrunk by 4.4 per cent year-on-year in the second quarter, as weakness in private sector construction activities...

Lian Beng secures S$435m construction contract

CONSTRUCTION and property group Lian Beng has clinched its biggest-ever construction contract - of about S$435 million. In a news release on Monday evening, the group said its wholly owned subsidiary, Lian Beng Construction (1988), was awarded the contract by the Housing & Development Board (HDB) to build a high-rise multi-user industrial complex along Kim Chuan Road in the Defu South area. With this...

Builders urged to adopt productive technologies

To reduce its reliance on foreign manpower, Singapore will need to "fundamentally change" the way it builds and adopts high impact, productive technologies upfront, Senior Minister of State for National Development Desmond Lee said on Wednesday. One way to do so will be for players in the building and construction industries to build capabilities in the building information modelling system to improve...

9 projects win BCA awards for improving construction productivity

Nine projects have won the Construction Productivity Award this year for taking the initiative to improve the productivity of their projects, the Building and Construction Authority (BCA) said on Wednesday (May 25). The highest accolade - Platinum - went to residential development 76 Shenton and office building CapitaGreen, BCA said in a media release. The other seven award winners will be given...

‘Productive’ builders to enjoy advantage when tendering for public projects

The Building Construction Authority (BCA) has revised the tender evaluation framework for Government construction projects, raising the productivity weightage to 10 per cent of the overall score. The revised framework will be fully implemented from January next year. This will allow builders with "good productivity records" in their past projects and their investment in technology adoption and workforce...

More land for integrated construction and prefabrication hubs to reduce construction manpower

The Republic plans to release more land for complexes where building components can be put together in a factory environment, so as to reduce the need for manpower in the construction sector, said Senior Minister of State for Trade and Industry and National Development Lee Yi Shyan on Wednesday (Sep 23). He was speaking at the opening of SEF SpaceHub, which is the first Integrated Construction and...

37 projects to receive BCA Universal Design Mark this year

More developments will receive the Universal Design Mark by the Building and Construction Authority (BCA) this year. A total of 37 projects - including condominiums, shopping centres and even parks - were certified this year, to have a design philosophy which considers people of all ages and abilities. This is up from 31 last year and 26 in 2013. Some of the universal design features at Singapore’s...

Developers to get help with meeting new construction requirements

Developers in Singapore may soon get help in meeting new construction requirements introduced in November last year. Speaking at the annual Chinese New Year celebration lunch organised by the Real Estate Developers' Association of Singapore on Friday (Feb 27), Minister in the Prime Minister's Office and Second Minister for the Environment and Water Resources Grace Fu said details will be announced next...

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