Singapore Facilities Management Industry Tracker, 2017

Growing Outsourcing Expenditure from Key End-users Drives Singapore FM Market

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The facilities management (FM) services market in Singapore is quite matured, with a high outsourcing trend compared to any other city in this region. Industries, commercial, and retail segments are the major FM end user segments in the country, accounting for 68% of the total FM market. The presence of numerous, large multinational companies in Singapore contributes to high outsourcing percentage, as these companies generally prefer to outsource FM services. Most organizations and facility owners typically prefer to outsource hard FM, while delivering soft FM in-house. This is primarily due to the lack of the unique technical skills that are often necessary to deliver hard FM services. However, the market is c

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Singapore Facilities Management Industry Tracker, 2017, Singapore FM TrackerTrackerSingapore Facilities Management Industry Tracker 2017

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