The construction market in Asia Pacific is forecasted by GlobalData to grow by 3.7% in real terms in 2024, having grown by 3.9% in 2023. A key growth market will be the infrastructure market, with output rising by 11.9% in real terms. GlobalData tracks and profiles all major construction projects from announcement to completion. For further insight on this market, buy the latest profiles here.
Here are Asia Pacific’s five largest single-family housing construction projects that were initiated in Q3 2024, according to GlobalData’s construction projects database.
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1. Woree Residential Community
The project involves the construction of a residential community comprising 490 homes on 5.3ha of land in Melbourne, Victoria, Australia.
Construction work started in Q3 2024 and is expected to be completed in Q4 2026.
2. Taman Bukit Kepayang Residential Complex
The project involves the construction of a residential complex comprising 190 units in Seremban, Negeri Sembilan, Malaysia.
Construction work commenced in Q3 2024 and is expected to finish in Q4 2025.
The project is a part of GUH’s $279 million plan to build commercial and residential properties in Seremban over the next five years in Seremban.
3. Morizono Residential Cluster
The project involves the construction of a residential facilities with 305 housing units on 5.7ha of land at Candi Sawangan, Depok, Indonesia.
Construction work started in Q3 2024 and is forecast to complete in Q4 2025.
4. Citrine Rochedale Luxury Townhouse Community
The project involves the construction of 90 luxury townhouses in Rochedale, a suburb in south Brisbane, Australia.
Construction work commenced in Q3 2024 and is expected to be completed in Q4 2025.
5. The Camellia @ Wetland Estate Gamuda Cove
The project involves the construction of a residential community comprising 174 two-story semi-detached houses on 10ha of land in Selangor, Malaysia.
Construction work started in Q3 2024 and is expected to be completed in Q2 2026.
For more details on the latest construction projects, buy the profiles here.
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