{"id":170494,"date":"2026-02-04T06:20:27","date_gmt":"2026-02-03T23:20:27","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-one-country-is-engineering-its-way-out-of-a-construction-cost-crisis\/"},"modified":"2026-02-04T07:15:42","modified_gmt":"2026-02-04T00:15:42","slug":"how-one-country-is-engineering-its-way-out-of-a-construction-cost-crisis","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-one-country-is-engineering-its-way-out-of-a-construction-cost-crisis\/","title":{"rendered":"How one country is engineering its way out of a construction cost crisis"},"content":{"rendered":"


\nWhile a building boom is good for the economy, it presents challenges, with construction costs in Singapore consistently ranked among the highest in the world.
\n
\nSource : cnbc.com
\nRead more…How one country is engineering its way out of a construction cost crisis<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

While a building boom is good for the economy, it presents challenges, with construction costs...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-170494","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-IlU","jetpack-related-posts":[{"id":110587,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/27-hdb-projects-win-design-construction-and-engineering-awards\/","url_meta":{"origin":170494,"position":0},"title":"27 HDB projects win design, construction and engineering awards","date":"September 9, 2019","format":false,"excerpt":"\r These awards aim to recognise the industry partners of HDB for their contributions in developing quality and well-designed homes. A total of 27 Housing and Development Board (HDB) Design, Construction and Engineering Awards will be given out at this year\u2019s Award ceremony on Tuesday (10 September), which will be\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":117872,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/lta-awards-four-jurong-region-line-contracts-worth-682-5mil\/","url_meta":{"origin":170494,"position":1},"title":"LTA awards four Jurong Region Line contracts worth $682.5mil","date":"July 20, 2020","format":false,"excerpt":"\r The four contracts include the design and construction of three JRL stations, signalling system and half-height platform screen doors and integrated supervisory control and communications systems.\u00a0 Four contracts totalling $682.5 million for three Jurong Region Line (JRL) MRT stations were awarded by The Land Transport Authority (LTA) on 17\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":110659,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/construction-work-for-5-stations-on-jurong-region-line-to-commence-in-2020\/","url_meta":{"origin":170494,"position":2},"title":"Construction work for 5 stations on Jurong Region Line to commence in 2020","date":"September 11, 2019","format":false,"excerpt":"\r The 24km line will feature 24 stations, including three interchange stations, providing direct connectivity between the western and north-western regions of Singapore. Two civil contracts for the construction of five MRT stations along the Jurong Region Line (JRL) has been awarded by the Land Transport Authority (LTA), with the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":40039,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/spore-construction-activity-to-pick-up-in-2017\/","url_meta":{"origin":170494,"position":3},"title":"S\u2019pore construction activity to pick up in 2017","date":"January 9, 2017","format":false,"excerpt":"\r The total value of construction contracts to be awarded this year could hit a high of $35 billion.\u00a0 The Building and Construction Authority (BCA) expects the total value of construction contracts to be awarded this year to hit between $28 billion and $35 billion, up from last year\u2019s preliminary\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":81352,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/dubais-damac-awards-163m-construction-contract-for-aykon-city\/","url_meta":{"origin":170494,"position":4},"title":"Dubai's Damac awards $163m construction contract for Aykon City","date":"February 27, 2018","format":false,"excerpt":"\r China State Construction Engineering Corporation to build one of the towers in 4 million sq ft project\r \r Source : arabianbusiness.com\r Read more...Dubai's Damac awards 3m construction contract for Aykon City","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":133244,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uaes-alec-snaps-up-target-engineering-to-create-2bn-turnover-firm\/","url_meta":{"origin":170494,"position":5},"title":"UAE\u2019s ALEC snaps up Target Engineering to create $2bn-turnover firm","date":"December 21, 2022","format":false,"excerpt":"\r UAE firm ALEC Engineering and Contracting (ALEC) has signed a deal to acquire TARGET Engineering Construction Company\r \r Source : arabianbusiness.com\r Read more...UAE\u2019s ALEC snaps up Target Engineering to create bn-turnover firm","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2022\/12\/kez-taylor-1000x658-1.jpg?fit=1000%2C658&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/170494"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=170494"}],"version-history":[{"count":1,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/170494\/revisions"}],"predecessor-version":[{"id":170495,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/170494\/revisions\/170495"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=170494"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=170494"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=170494"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}