With the government investing a significant budget to infrastructure and greater areas of housing, there is a significant opportunity for those interested in entering the Singaporean design market for commercial structures and recreational places. Because architecture is so intertwined with the construction industry, its economic impact is dependent on the growth of the industry as a whole.
Singapore’s architecture is rich with details that reflect the young country’s aspirations and ongoing search for an uniquely Singaporean identity. The federal government’s tendency of continually replacing fine structures with higher and more contemporary ones is justified by land scarcity combined with increased population density. The pace with which Singapore’s architecture has been reorganized reflects the country’s rapid transformation from a colonial outpost to a bustling metropolis, and while many structures have been demolished, many more remain to provide hints about the creation of a distinct local identity.
Despite the large number of possible contracts to be obtained, industry players must integrate innovation and architectural talents, particularly in Singapore’s land-scarce environment. Architectural firms, on the other hand, must be able to adapt to changing environmental conditions and requirements.
Legal Framework
The Architects Act of 1991 establishes requirements for architect registration, architectural credentials regulation, registered persons practicing architecture, and corporations providing architectural services. It established the Board of Architects in Singapore, which is responsible for regulating and maintaining the registration of architects and architectural businesses in the country. With the passage of the Architects Act in 1970, Singapore became the first independent country in the world to have a substantial architect’s regulation (Chapter 213).
Prospects for Growth
During the years 2021-2026, the architectural services market is predicted to grow at a CAGR of 4.5 percent. The role of technology in architecture is everywhere, and it’s only going to get bigger as the digital age progresses. Technology is rapidly advancing, and costs are coming down. Virtual reality and augmented reality (VR/AR) are two of the most notable digital breakthroughs in recent years, and they are poised to play a key role in architectural design. Virtual reality (VR) is becoming increasingly popular among architecture firms as a means of expressing ideas and concepts to clients. The market is being driven by the adoption of 3D printing. A developing application of additive manufacturing is 3D printing for architecture. The most direct path from on-screen visualization to touch and feeling representation is through 3D printing. The industry is being driven by rising demand for green construction, which offers significant benefits and business potential. To maintain efficient business performance and management, and to properly manage new market conditions, architects must acquire new skills and expertise.
How Bluebox can assist you?
Providing organizations in the field of architecture with creative, practical knowledge and experience. We put our clients on the best possible path to success. To make the decision-making process easier, our subject matter specialists use a data-driven approach with a commercial focus. Our consultants provide interdisciplinary perspectives to help you achieve your goals through design. We empower senior leadership teams with the expertise and perspective they need to put their ideas into action.
Consulting Firms
Consulting can be defined as the practice of providing a third party with expertise on a matter in exchange for a fee. The service includes either advisory or implementation services. For the consultant, taking an independent and unbiased stance on a problem is central to his/her role. A consultant can, in principle, service any sector.
Architects
With the government investing a significant budget to infrastructure and greater areas of housing, there is a significant opportunity for those interested in entering the Singaporean design market for commercial structures and recreational places. Because architecture is so intertwined with the construction industry, its economic impact is dependent on the growth of the industry as a whole.
Advisory Firms
Advisory works similar like an audit, in which you will be providing reports and evaluations to upper and middle managers. These reports can vary from financial and accounting advice to a huge range of transactions and events. Although it is often almost like consulting in which you are offering recommendations to consumers through reports and research, you are not actively working on strategy projects.