COTD: Civil, institutional projects to drive construction growth in 2025

The Institutional & Others segment is set to hit $17b in 2025, up 45.3% YoY.

Singapore’s construction demand is expected to grow in 2025, led by strong gains in civil engineering and institutional projects, according to Surbana Jurong’s report.

The Institutional & Others segment is set to reach $17b in 2025, marking a 45.3% year-on-year (YoY) increase.

Civil engineering is also expected to see substantial growth, rising by 29.87% to $10b.

Public residential construction will climb by 16.5% to $9.2b, whilst industrial projects are projected to rise by 19.15% to $5.6b.

Commercial construction is expected to remain flat, with a modest 2% increase to $5.1b.

The only sector forecast to contract is private residential, with demand expected to fall 16.67% to $6b.