Energy Management

  1. 28 Jun 2021  |  Asia Pacific  |  Tracker

    Singapore Facilities Management Cost Tracker, 2021

    Increase in Manpower Costs Spurs Transformational Growth Strategies of FM Companies in Securing New Contracts

    This study provides an update to a similar study published in 2020. Since 2019, the cost of FM services in Singapore has increased. In 2021, FM vendors anticipate higher inflation rates for all services. Manpower cost is the main reason for price increase in FM services in 2020. For cleaning and security services, the increase in manpower costs is...

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