Company Watch

Centurion in pole position as workers’ dorms may be a top investment for 10 to 15 years

Centurion's dorms for workers, like this one in Woodlands, are running at near full capacity. PHOTO: LIANHE ZAOBAO FILE
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SINGAPORE - Singapore’s population of 5.9 million consists of 61 per cent Singaporeans, 9 per cent permanent residents, and 30 per cent foreigners who are working or studying in the country. 

According to data from the National Population and Talent Division, the largest increase came from workers in the construction, marine shipyard and process (CMP) sectors, as contractors hired more workers for projects that were delayed by the pandemic.

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