Demand For Worker AccommodationsThe Dependency Ratio Ceiling is expected to reduce Singapore's overall demand for worker accommodations, leading to a slowdown in demand growth.
Revenue ImpactAn expected reduction in bed capacity from the Dormitory Transition Scheme and moderation of rental rates due to the Dependency Ratio Ceiling may offset revenue gains from the new dormitory.
Sector Demand GrowthThe growth in demand from work permit holders in the construction, marine shipyard, and process sector is significantly lower than the previous year.