Precise Development

What Precise Development does

Precise Development Pte. Ltd. is a Singapore-headquartered general building construction contractor founded in 1983, operating under a BCA Grade A1 General Building registration that permits projects of unlimited contract value. The company employs 101–250 people from its headquarters at 55 Kim Chuan Drive (PRECISE TREE) and has delivered more than 100 major projects across residential, commercial, industrial, civil engineering, and specialized builds. Its core service lines are Additions & Alterations, Civil Engineering, Design & Build, and General Building Construction, applied across residential, commercial, industrial, civil, and unique project categories (e.g., automated columbariums).

The firm's underlying construction methodology is built on Building Information Modelling (BIM) under ISO 19650-2, Integrated Digital Delivery (IDD), Design for Manufacturing and Assembly (DfMA), and Prefabricated Prefinished Volumetric Construction (PPVC), supported by value engineering that delivers 10–20% cost savings and a design-and-build integration model that shortens timelines by up to 30%. Sustainability is a differentiated capability: projects consistently achieve BCA Green Mark Platinum, Super Low Energy (SLE), Whole of Life Carbon Badge, and LEED Gold certifications, aligned with Singapore's Green Building Masterplan 2030. The company is ISO 14001, ISO 45001, bizSAFE Star, and SHARP-certified.

Commercially, Precise Development generates project-based revenue through two channels: direct tendering for Singapore government agencies (HDB, LTA, DSTA, PUB, JTC) leveraging BCA A1 unlimited-value eligibility, and direct engagement with private developers, REITs, and investment funds (LOGOS, Mapletree, ESR, Boustead, CWT, DHL, F&N, Commonwealth Kajima Development, Decathlon, Uniqlo). Pricing is quote-based and project-specific with multi-year contract cadence; no standard tiers or SaaS-style pricing apply. The company is privately held with no disclosed parent, subsidiaries, or external funding.

Name

Precise Development

Legal name

Precise Development Pte. Ltd.

Website

https://precise.sg

Company type

Private

Founded year

1983

Operating status

Operating

Headcount range

101–250 employees

Short description

Precise Development is a Singapore-based, privately held BCA Grade A1 general building contractor founded in 1983, delivering design-and-build, civil engineering, A&A, and industrial construction projects of unlimited value for government agencies and private developers across Singapore.

Ownership category

akta.pro rank

Product category

General Building Construction

NAICS

Nonresidential Building Construction (2362), Industrial Building Construction (23621), Commercial and Institutional Building Construction (236220), Heavy and Civil Engineering Construction (237)

SIC

General Bldg Contractors - Nonresidential Bldgs (1540), General Bldg Contractors - Residential Bldgs (1520), Operative Builders (1531)

akta.pro primary industry

Design-Build / EPC General Contracting (IMAFAAAD)

akta.pro secondary industries

Public Works General Contracting (IMAFAAAG), Residential General Contracting (New Build) (IMAFAAAB), Office & Corporate Building Construction (IMAFACAA)

Keywords

• General building construction
• Civil engineering services
• Design and build
• Additions and alterations
• Sustainable construction

Headquarters

HQ city

Singapore

HQ country

Singapore

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Supply Chain, Operations, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Construction Project Revenue: General building construction services for government agencies, developers, and private organizations. Revenue generated through project-based contracts for new construction, additions & alterations, civil engineering, and design-build projects. Projects range from public housing (HDB BTO) to industrial warehouses, logistics facilities, and commercial developments.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

Precise Development is a BCA Grade A1 general building contractor delivering end-to-end construction services — Additions & Alterations, Civil Engineering, Design & Build, and General Building Construction — for Singapore government agencies, private developers, REITs, and investment funds. The firm applies BIM, IDD, DfMA, and PPVC methodologies across residential, commercial, industrial, and specialized projects of unlimited contract value, with demonstrated expertise in sustainable building delivery under BCA Green Mark and LEED standards.

Product overview

Precise Development is a BCA Grade A1 construction company offering four core service lines: Additions & Alterations, Civil Engineering, Design & Build, and General Building Construction. These services are applied across five project categories—Residential, Commercial, Industrial, Civil Engineering, and Unique Projects. The company delivers end-to-end construction from concept through completion, with specialized capabilities in sustainable building (ESG/Green Mark) and value engineering. As a BCA A1 registered contractor since 1983, the firm handles projects of unlimited value for government agencies (HDB, LTA, DSTA, PUB, JTC) and private developers.

Differentiator

Problem solved

Functional benefit

Products and services

• Additions & Alterations (A&A) Construction service that enhances existing structures with modifications that preserve character while adding modern functionality, for clients needing renovation or expansion of current buildings.
• Civil Engineering Engineering and construction services for infrastructure and urban spaces, covering roads, drainage systems, foundations, and large-scale earthworks for government and private sector projects.
• Design & Build Integrated construction delivery approach combining creative design vision with expert execution under one team, taking projects from concept to completion with unified accountability.
• General Building Construction End-to-end general building construction services meeting high standards of quality, safety, and efficiency across various building types, delivered as a BCA A1 registered contractor with unlimited value eligibility.
• ESG & Sustainable Construction Services Green building and sustainability services supporting BCA Green Mark certification, whole-life carbon assessment, and sustainable construction aligned with Singapore Green Building Masterplan 2030 targets.

Quantifiable outcome

• BCA Project of the Year 2025 – Industrial for Boustead Trustees @ 36 Tuas Road
• +3 more outcomes

Named customers15 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Two partnerships are on record, tiered core.

• LOGOScoreStrategic or Co-development Partner · 1 September 2023Joint development partnership with LOGOS for DSV Pearl (Logos Project) at Tukang Innovation Drive - a five-storey warehouse exceeding 50,000 sqft with advanced automation and sustainable features. Project received BCA Green Mark Platinum and LEED Gold certifications.
• ESR and PGIM Real EstatecoreStrategic or Co-development Partner · 1 January 2022Partnership with ESR and PGIM Real Estate for Pokka @ 4 Benoi Crescent - a five-storey logistics and innovation facility designed for sustainability with carbon-negative footprint through solar power generation and energy efficiency. Awarded BCA Green Mark Platinum.

Scale indicators3 records

Recent moves4 records

Expansion highlights4 records

Direct peers

• Lum Chang Holdings: SGX-listed BCA A1 contractor delivering residential, commercial, hospitality and civil engineering projects in Singapore. Overlapping public-sector client base and A1 grading make Lum Chang a direct benchmark for Precise's project mix and bidding dynamics.
• Tiong Seng Holdings: SGX-listed BCA A2/A1 contractor specialising in civil engineering, residential and commercial building, with strong capability in PPVC and DfMA — directly comparable to Precise's prefab and design-and-build positioning. Shared focus on HDB and institutional clients makes it a highly relevant peer.
• Woh Hup Holdings: Singapore-headquartered BCA A1 general building contractor with comparable service lines across residential, commercial, civil and design-and-build projects. Woh Hup is one of the closest direct comparables in scale, regulatory tier and customer base (including HDB, LTA and major private developers), making it the most relevant peer for Precise.
• Straits Construction Group: Singapore-based BCA-registered contractor delivering residential, commercial, industrial and institutional projects. Similar mix of HDB and private developer clients and an overlapping general building + design-and-build service offering.
• CSC Holdings (Singapore Branch of China State Construction): Singapore subsidiary of China State Construction Engineering Corporation, one of the largest A1 contractors active on HDB BTO and major infrastructure. Competes head-to-head with Precise on the largest public-sector tenders, especially residential and civil work.
• Boustead Projects: Singapore-based design-and-build contractor focused on industrial, logistics and commercial real estate, and notably a current client of Precise (Boustead Trustees @ 36 Tuas Road). Comparable in industrial/logistics build expertise and BCA Green Mark delivery, and an instructive mirror of how Precise's end customers operate.
• KTC Group: Singapore-headquartered civil engineering and building contractor with BCA A1/A2 grading, active in infrastructure and building projects for government and private clients. Comparable scale and Singapore-only footprint, with overlapping civil engineering and general building service lines.
• Chiu Teng Enterprises: Singapore BCA A1 general building contractor with 40+ years of operating history, focused on HDB BTO, institutional and commercial projects. Closely comparable in vintage, regulatory tier and Singapore-centric delivery model.
• Ley Choon Group Holdings: SGX-listed Singapore contractor specialising in civil engineering, infrastructure utilities (water, sewer, gas, road works) and underground construction. Comparable on the civil engineering service line that Precise lists as a core offering and competes for similar PUB/LTA-led tenders.

Broad incumbents

• Kajima Corporation: Large Japanese general contractor with a long-standing Singapore presence and a current Precise project partner (Commonwealth Kajima Development @ Jalan Besut). Operates at a much larger scale across multiple geographies and segments, providing a benchmark for how international incumbents enter the Singapore industrial and logistics market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/precisedevelopmentsingapore
• LinkedInlinkedin.com/company/precise-development-pte-ltd-
• Instagraminstagram.com/precisedevelopment.sg/?igsh=MW1wazU5NjlqMHhuZA%3D%3D#
• Xx.com/precise_d

Compliance11 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Precise Development