Singapore Real Estate Tenders

Market Size: The Singapore real estate market is massive, valued at USD 43.71 billion in 2023. Experts predict it to reach USD 60.09 billion by 2028, growing at a healthy 6.57% CAGR.
Residential Real Estate: This segment is a major contributor, expected to reach USD 1.47 trillion by 2023 and grow further at a CAGR of 3.67% to reach USD 1.76 trillion by 2028.

Government Procurement: The Singapore government plays a significant role in the market, actively procuring various real estate products and services.

Main Products and Services:
Land acquisition and development
Construction and renovation of public buildings
Property management and maintenance
Housing development for various income groups

Top Authorities:
Housing & Development Board (HDB)
Building and Construction Authority (BCA)
JTC Corporation
Urban Redevelopment Authority (URA)

Top Winners:
CapitaLand
City Developments Limited (CDL)
Keppel Land
Frasers Property Limited

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