SEPTEMBER 2020 - Nic & Wes Builders Pte Ltd Newsletter (Issue 124)
Subject: SEPTEMBER 2020 - Nic & Wes Builders Pte Ltd Newsletter (Issue 124)
Send date: 2020-09-01
Issue #: 124
SEPTEMBER 2020 ISSUE 124
THE NEW NORMAL IN A TIME OF COVID By Nicole Kow
Since moving into Phase 2 of the Circuit Breaker (CB), our team has been working tirelessly to get all the paperwork in order to conform with the guidelines to begin work on site. Successfully, our men have begun work on our various worksites and we have returned to normal… the new normal that is. During the CB, our office adapted to working in our respective homes and since last week, we have returned to the office in rotation.
In this new chapter, it has been a time of reflection and re-evaluation. The new normal of Covid has sparked much disruption and uncertainty within industries across the board. In the building and construction industry alone, companies on a whole have faced many challenges throughout the start of the CB. Since the lockdown, companies have had to face a complete halt in construction work for the last couple of months. Many other companies are still facing this standstill as the majority of their workforce live in communal dormitories that have been affected by the widespread infections of Covid-19 daily. Fortunately for us, we have been able to keep our workers safe within our private dormitory. BCA officers have been visiting the dormitories and worksites for inspections to ensure that companies comply with the safe distancing measures. Failure to do so will result in work disruption and rightfully so. Within the worksites, tight precautionary measures are necessary to prevent the spread of the virus; registering workers and worksites addresses, limiting the number of people allowed on site, temperature taking, safe entry measures, ensuring the same for our sub-cons, and Covid-19 testing for workers every two weeks. This is what the new normal in the building and construction industry looks like.
As we face this new normal, changes to many aspects of the industry are bound to follow suit. At this point in time, uncertainty can be observed in the following – manpower, demand and supply, and of course pricing. Following the lockdown, manpower has been highly affected. Getting foreign workers in for at least the near future will be challenging. The downside for many foreign workers is losing their jobs as businesses close down unable to cope with the months of downtime. Workers that remain here will need to be tested every two weeks which after the first quarter of 2021, companies will have to absorb the costs. With disruption in logistics and supply chain, importing building materials will not be as easily accessible which will in turn see less supply in the market and the effects of demand will follow suit. Either way, prices for building materials will see a possible increase. This combination of change will possibly see a price increase in building costs overall in the coming months which is something as business owners and homeowners will have to prepare for.
These are uncertain times indeed, as a homeowner it is important to speak to your builder on how these changes may affect your project. As a service provider, we at Nic & Wes want to ensure our clients and potential clients that we see this time not as defeat but a period of evolution. For us this period challenges us to be better and stronger, to push the creative envelope of lifestyle living and to continue striving towards providing you assurance to designing and building lifestyle homes to be proud of.
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