Asia Pacific, February 2025 – BCI’s Commercial & Hospitality Sector Snapshot Report reveals billions in active projects across the Asia Pacific region. The latest report highlights key market trends, emerging opportunities and the stakeholders driving the region’s construction pipeline. 

The report, powered by LeadManager and Analytix, offers a detailed breakdown of active commercial and hospitality projects across key markets, including Australia, New Zealand, Hong Kong, Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam.  

It provides insights into total project numbers and values, construction stages and region-specific data, along with top industry stakeholders such as developers, architects and main contractors. The report also highlights noteworthy projects shaping the industry. 

A sector on the move 

In February, BCI reported almost 18,000 active commercial and hospitality projects across the Asia Pacific region. From large-scale developments in Australia and New Zealand to high-value investments across Southeast Asia, this extensive pipeline highlights the strength and diversity of the sector. 
 
In Australia, thousands of projects are in the works, contributing to a multi-billion-dollar sector, while New Zealand presents a more focused market with a lower number of projects but a steady flow of investment.  

Hong Kong’s commercial and hospitality scene is defined by high-value projects, showcasing a concentrated market with premium developments. Meanwhile, Indonesia, Malaysia, the Philippines, Thailand and Vietnam each bring unique dynamics to the region, with varying project scales and investment levels. 

Construction trends across key markets 

The Asia Pacific’s Commercial & Hospitality sector shows varied investment trends. Almost a third of Australia’s total project value can be attributed to a relatively small number of projects at the Concept stage. A similar story can be seen in Malaysia, the Philippines and Thailand, where a smaller number of high-value projects are in the early stages of development. On the other hand, Singapore has a small number of high-value projects currently under construction. 

The majority of Hong Kong and Vietnam’s projects, both in number and value, are in their infancy at the Concept stage. New Zealand is heavily focused on projects at the Design & Documentation stage, while Indonesia sees a relatively even spread of projects across the development pipeline. 

A significant number of projects in the Commercial & Hospitality sector are still in the early stages of construction: 

• Australia: 70.47% at Design & Documentation 

• New Zealand: 80.90% at Design & Documentation 

• Hong Kong: 61.58% at Concept 

• Vietnam: 41.72% at Concept  

This suggests plenty of opportunities for suppliers, contractors and investors looking to engage in upcoming developments. Access and connect with our real-time database, LeadManager, for more information about the projects and their decision makers at these early stages.  

Noteworthy projects 

Data centres, mixed-use developments and high-end hotels are among the most prominent projects across multiple countries. Countries like Australia and Indonesia have notable office and commercial precincts in development, while hospitality and retail activity features in Vietnam and the Philippines. 
 
Some high-value projects in the pipeline include: 

• Marsden Park Data Centre (Australia; PID 347195017) – Approx. 3,116.18M AUD  

• Green Heart (Hong Kong; PID 66103007) – Approx. 5,154.80M HKD  

• Mandiri Financial Centre (Indonesia; PID 242497002) – Approx. 1,500B IDR 

• Marina Bay Sands Expansion (Singapore; PID 25043006) – Approx. 1,000M SGD 

• Flamingo Eco-Resort (Vietnam; PID 110436011) – Approx. 1,250B VND 

Why access to this data matters 

Access to comprehensive construction data is essential for any industry stakeholder looking to stay competitive and informed. Understanding project pipelines, market trends and key players enables businesses to identify opportunities, mitigate risks and make strategic decisions with confidence.  

In a fast-paced industry driven by economic shifts, regulatory changes and technological advancements, data-driven decision-making is no longer optional—it’s a necessity. 

📥 For more Commercial & Hospitality construction data insights across the Asia Pacific region, download BCI’s Sector Snapshot today.