The BCI Sector Snapshots are a series of free reports that share top-level insights into key construction sectors across seven Asian markets: Hong Kong, Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam. This month, we focus on the Office sector, including commercial complexes, data centres, embassies, government offices and more.   

CONSTRUCTION IN THE OFFICE SECTOR IN ASIA 

Across BCI’s project coverage in Asia, there are currently over 8,800 active projects in the office sector. A breakdown of the region by country shows Vietnam has the most active office projects (over 2,200), while the next highest number can be found in Indonesia at over 1,500 projects.   

Download your free copy of the office sector snapshot report to see what’s happening across seven key markets in Asia, as reported by BCI in January 2024.

OFFICE CONSTRUCTION SECTOR IN HONG KONG 

There are 683 active office projects in Hong Kong, worth approximately 372.45 million HKD. 

THE WEST KOWLOON CULTURAL DISTRICT – FEATURED OFFICE PROJECT IN HONG KONG 

• PID: 76635007 
• Nilai anggaran: 4,980M HKD 
• Jenis Projek: OFFICES | SHOPS – 3 buildings – new 
• Sector: Pejabat 
• Pentas: Konsep 
• Lokasi: Yau Tsim Mong District, Kowloon 

*All values as of 30 January 2024 

HONG KONG KEY MARKET PLAYERS IN THE OFFICE SECTOR 

Chinachem Group, P&T Architects and Engineers Ltd (Hong Kong) and CR Construction Company Limited featured as one of the top three developers, architects and main contractors respectively, based on their total construction project value as reported by BCI over the past 12 months. 

Download BCI Central’s latest office construction sector snapshot report in Asia. 

OFFICE CONSTRUCTION SECTOR IN INDONESIA 

There are 1,554 active office projects in Indonesia, worth approximately 44.24 billion IDR. 

GDS IDC SERVICE INDONESIA – DATA CENTRE TIER 3 – FEATURED OFFICE PROJECT IN INDONESIA 

• PID: 230575002 
• Nilai anggaran: 648B IDR 
• Jenis Projek: DATA CENTRE – new – 3 storey 
• Sector: Pejabat 
• Pentas: Pra-Pembinaan 
• Lokasi: Riau Islands, Sumatera 

*All values as of 30 January 2024 

INDONESIA KEY MARKET PLAYERS IN THE OFFICE SECTOR 

Agung Sedayu Group, Airmas Asri PT and Pembangunan Perumahan (Persero) Tbk PT featured as one of the top three developers, architects and main contractors respectively, based on their total construction project value as reported by BCI over the past 12 months. 

Grab a free copy of our report! 

OFFICE CONSTRUCTION SECTOR IN MALAYSIA 

There are 1,538 active office projects in Malaysia, worth approximately 27.59 million MYR.  

LHDN OFFICE AT CAWANGAN SHAH ALAM (PT 37) – FEATURED OFFICE PROJECT IN MALAYSIA 

• PID: 102274003 
• Nilai anggaran: 150.80M MYR 
• Jenis Projek: OFFICES – new – 19 storey 
• Sector: Pejabat 
• Pentas: Reka Bentuk & Dokumentasi 

• Lokasi: Selangor Darul Ehsan, Central Region 

*All values as of 30 January 2024 

MALAYSIA KEY MARKET PLAYERS IN THE OFFICE SECTOR 

AREA Real Estate Advisory Sdn Bhd, DC Architect Sdn Bhd – Johor Bahru and Nestcon Builders Sdn Bhd featured as one of the top three developers, architects and main contractors respectively, based on their total construction project value as reported by BCI over the past 12 months. 

For more information, check out our free Sector Snapshot report. 

OFFICE CONSTRUCTION SECTOR IN THE PHILIPPINES 

There are 1,503 active office projects in the Philippines, worth approximately 2.32 billion PHP. 

OFFICE BUILDING FOR INSTITUTION – FEATURED OFFICE PROJECT IN THE PHILIPPINES 

• PID: 129266004 
• Nilai anggaran: 3,400M PHP 
• Jenis Projek: OFFICE BUILDING FOR INSTITUTION – new – 17 storey 
• Sector: Pejabat 
• Pentas: Reka Bentuk & Dokumentasi 
• Lokasi: Taguig City, NCR 

*All values as of 30 January 2024 

PHILIPPINES KEY MARKET PLAYERS IN THE OFFICE SECTOR 

JBros Construction Corporation, ASYA Design and CE Construction Corporation featured as one of the top three developers, architects and main contractors respectively, based on their total construction project value as reported by BCI over the past 12 months. 

Download your copy of the office construction sector snapshot report in Asia. 

OFFICE CONSTRUCTION SECTOR IN SINGAPORE 

There are 448 active office projects, worth approximately 26.91 million SGD. 

SINGTEL’S COMCENTRE HEADQUARTERS : REDEVELOPMENT – FEATURED OFFICE PROJECT IN SINGAPORE 

• PID: 32083006 
• Nilai anggaran: 418.80 SGD 
• Jenis Projek: OFFICES – 2 buildings – new – 20 storey 
• Sector: Pejabat 
• Pentas: Reka Bentuk & Dokumentasi 
• Lokasi: Singapura 

*All values as of 30 January 2024 

SINGAPORE KEY MARKET PLAYERS IN THE OFFICE SECTOR 

Keppel Data Centres Pte Ltd, Architects 61 Pte Ltd and Nishimatsu Construction Co Ltd featured as one of the top three developers, architects and main contractors respectively, based on their total construction project value as reported by BCI over the past 12 months. 

Check out the latest in office construction sector snapshot report in Asia! 

OFFICE CONSTRUCTION SECTOR IN THAILAND 

There are 832 active office projects in Thailand, worth approximately 119.02 million THB. 

GOVERNMENT OFFICES, THE INSTITUTE FOR THE PROMOTION OF TEACHING SCIENCE AND TECHNOLOGY (IPST) (2023) – FEATURED OFFICE PROJECT IN THAILAND 

• PID: 120622008  
• Nilai anggaran: 812M THB 
• Jenis Projek: GOVERNMENT OFFICES – new – 11 storey 
• Sector: Pejabat 
• Pentas: Pra-Pembinaan 
• Lokasi: Bangkok, Bangkok Metropolitan Region 

*All values as of 30 January 2024 

THAILAND OFFICE KEY MARKET PLAYERS IN THE OFFICE SECTOR

Central Pattana Plc (CPN), Architects 49 Limited (Bangkok) and Power Line Engineering (PLE) featured as one of the top three developers, architects and main contractors respectively, based on their total construction project value as reported by BCI over the past 12 months. 

Have you got a copy of the free Sector Snapshot report?  

OFFICE CONSTRUCTION SECTOR IN VIETNAM 

There are 2,281 active office projects in Vietnam, worth approximately 103.37 billion VND. 

VINHOMES CO LOA DONG ANH – OFFICE BUILDING AT PLOT HH-04 – DONG ANH DISTRICT – FEATURED OFFICE PROJECT IN VIETNAM 

• PID: 105375011   
• Nilai anggaran: 954.16B VND 
• Jenis Projek: OFFICE – new – 45 storey   
• Sector: Pejabat 
• Pentas: Reka Bentuk & Dokumentasi  
• Lokasi: Hanoi, Northern Vietnam 

*All values as of 30 January 2024 

VIETNAM KEY MARKET PLAYERS IN THE OFFICE SECTOR 

Nam Long Investment Corp, Archetype Group (HCMC Office) and BL Harbert International featured as one of the top three developers, architects and main contractors respectively, based on their total construction project value as reported by BCI over the past 12 months. 

Discover the complete list of the top three developers, architects and main contractors in our office sector snapshot report in Asia. 

WHAT ARE BCI SECTOR SNAPSHOTS? 

Our BCI Sector Snapshot reports provide you with the total number and value of active projects broken down into:  

• Overall national figures
• Construction stages
• Regional figures (where applicable) 

With further details on  

• Key market players (developers, architects and main contractors) 
• Noteworthy projects. 

Pengurus Utama BCI offers comprehensive information on the projects undertaken by key market players in the office construction sector. Within the office sector, BCI reports on:  

• Commercial Complexes 
• Data Centres 
• Embassies 
• Government Offices 
• Pejabat 
• Technology Parks, Call Centres 

Additionally, BCI Analytix provides in-depth analysis of construction activity by sector, stage and location, as well as the sector’s prominent market players.

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Explore our range of free Sector Snapshot reports below: 

• Sector Snapshot Reports