SINGAPORE: Soaring rental rates at dormitories have forced some construction firms to find alternative housing for their workers.
The company said this option offers numerous perks, including proximity, productivity, and workers’ welfare. He said his company saves more than S$80,000 every month housing its workers on-site, instead of commercial dormitories, even after factoring in the costs of building the CTQs. Employees also enjoy amenities such as in-room air-conditioning, gym and free Wi-Fi.
“It's very difficult for us to support them. I would love to, frankly speaking, they are part of the productivity journey and the team in the construction process. But as a result , the space required is bigger and therefore the capacity per job site has been reduced,” said Mr Tan. “On top of accommodation, we still have to pay workers’ salaries and other expenses. We might face a shortage in funds.”
Source: Real Estate Daily Report (realestatedailyreport.net)