Contractors in Singapore need to look beyond the country for businesses. Despite the increasingly positive outlook for private sector construction projects, the Singapore Contractors Association said that local firms should tap into opportunities in the region. According to a forecast from the Building and Construction Authority earlier this year, demand for projects in 2009 will come in at between S$20...
Singapore Contractors Association
CLIMATE change is not the only reason why Singapore is taking a serious interest in sustainable development. The current economic crisis presents a number of challenges - or provides the impetus, some would say - for Singapore's building industry to not only cut cost but also come up with innovative and green-friendly construction practices. To get builders to reduce the impact of building works on the...
Sales of private homes by Singapore developers dropped by 56 per cent for the year ended June 30, with only about 7,200 units being sold. However, Real Estate Developers' Association of Singapore (REDAS) believes private home prices will not drop sharply this year, despite the tight credit market and economic slowdown. President of REDAS, Simon Cheong, said: "If it drops, it will not be much more. This...