S’pore construction output forecast to grow 7% y-o-y to $43 bil to $46 bil this year

Singapore’s total construction output is projected to increase to between $43 billion and $46 billion this year in nominal terms. The average projected output of $44.5 billion will be around 7% higher than 2025’s preliminary estimate of about $41.7 billion.

This forecast is based on the contracts awarded in the past few years and the continued strong construction demand expected in 2026, according to the Building and Construction Authority (BCA).