# Retail Construction Cost Planning: Kaki Bukit Estate, Singapore

> Kaki Bukit Estate retail cost planning using the World Bank ICP 2021 national construction price-level index of 97.6, plus a GeoNames-based local comparable-search shortlist.

- Canonical: https://harth.build/resources/construction-costs/retail-construction-cost-kaki-bukit-estate-sg/
- Last updated: 2026-09-15
- Data source: National screening observation from the [World Bank ICP 2021 API](https://api.worldbank.org/v2/sources/90/country/SGP/classification/PX.WL/series/1501200/time/YR2021/data?format=json) and [ICP data documentation](https://www.worldbank.org/en/programs/icp/data); locality and population from the [GeoNames SG dump](https://download.geonames.org/export/dump/SG.zip) (CC BY 4.0 snapshot 2026-08-26, GeoNames ID 1881957). The PLI is not a city cost/m² rate, current escalation series or tender estimate.

## Key facts

| Fact | Value |
| --- | --- |
| National construction PLI | 97.6 (World Bank ICP 2021; World = 100) |
| Screening ratio to world | 0.976 (dimensionless PLI ÷ 100; not a city location factor) |
| Locality reference | 1.3375, 103.9092 (GeoNames ID 1881957) |
| Snapshot population | 37,150 (38 of 50 listed Singapore places) |
| Nearest listed peer | Kembangan · 2 km (great-circle distance between GeoNames reference points) |
| Estimate currency | SGD (obtain a current local rate and named base date) |

## Direct answer

For early retail construction cost planning in Kaki Bukit Estate, the World Bank ICP reports a 2021 Singapore construction price-level index of 97.6, with the world equal to 100. This is a national comparison—not a Kaki Bukit Estate SGD/m² rate or tender estimate—so replace it with current local evidence before budgeting or procurement. The observation covers construction across Singapore in 2021; it does not measure a Kaki Bukit Estate market basket or current retail tenders. GeoNames 1881957 records the locality at 1.3375, 103.9092, with snapshot population 37,150. That ranks Kaki Bukit Estate 38 of 50 listed places, while Kembangan is the nearest listed peer at about 2 km. Use these facts only to plan the comparable search. Obtain current local rates on a consistent area basis, then reconcile scope, taxes, fees, contingency and escalation. Retain the source, base date and reviewer when local evidence replaces the screening ratio.

*Content and cited inputs reviewed by [Scott Barrington](https://nz.linkedin.com/in/barrington), Harth founder and architectural technology specialist · Published 2026-08-26 · Updated 2026-09-15.*

## What does the 97.6 construction index mean?

The World Bank ICP 2021 construction PLI for **Singapore is 97.6**, compared with a world benchmark of 100. It is a national spatial price comparison assembled for the 2021 reference year. It does not say that retail work in Kaki Bukit Estate costs 0.976 times a current world rate.

## Which Kaki Bukit Estate inputs are known?

The reproducible locality point is **1.3375, 103.9092** (GeoNames 1881957). Its snapshot population is **37,150**, ranked 38 of 50 listed places; GeoNames classifies it as a section of a populated place in administrative area 00. These facts shape the local comparable search, not the price.

## What must a project estimate add?

For a Kaki Bukit Estate retail project, reconcile shell condition, tenant fit-out, servicing, trading constraints and landlord works. Use a consistent gross-floor-area basis and record the following before reliance.

| Estimate field | Screening record | Project requirement |
| --- | --- | --- |
| National context | ICP 2021 PLI 97.6 | Retain only as dated cross-country context |
| Local SGD/m² rate | Not supplied | Current comparable with named source and base date |
| Area and scope | Gross floor area; scope unresolved | Measurement standard, specification and procurement route |
| Additions | Not supplied | Taxes, fees, site work, contingency and escalation |
| Review | Automated source and arithmetic QA | Qualified local cost review |

## Kaki Bukit Estate comparable-location search screen

This shortlist is computed from the checked GeoNames snapshot. Distance and population help prioritize where to request comparables; neither is used as a cost multiplier.

| Listed place | Great-circle km from Kaki Bukit Estate | Snapshot population | Admin area |
| --- | ---: | ---: | --- |
| Kembangan | 2 | 130,252 | 00 |
| Eunos | 2 | 32,820 | not stated |
| Ulu Bedok | 3 | 276,990 | 00 |
| Hougang New Town | 3 | 227,560 | 00 |
| MacPherson | 3 | 26,850 | 01 |
| Serangoon Garden | 6 | 36,080 | 00 |
| Yew Tee | 19 | 39,100 | 03 |
| Keat Hong Village | 19 | 39,370 | 00 |

## Price-level normalization worksheet

For a validated reference rate **R** from a country with construction PLI **P**, the transparent screening calculation is **R × (97.6 ÷ P)**. At P = 100 the dimensionless ratio is 0.976; no world cost rate is asserted. Keep the reference rate's currency, base date, area basis and scope attached.

| Input | Recorded value | Release condition |
| --- | --- | --- |
| Target national PLI | 97.6 (World = 100, 2021) | Screening context only |
| Reference construction PLI P | User-supplied from the same ICP classification/year | Must match reference rate country |
| Validated reference rate R | User-supplied | Named source, currency, date, area and scope |
| Local Kaki Bukit Estate adjustment | Not asserted | Replace with current local comparable evidence |
| Result status | Screening normalization | Not a budget, quote or tender estimate |

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- [House Construction Cost Planning: Bishan New Town, Singapore](https://harth.build/resources/construction-costs/house-construction-cost-bishan-new-town-sg.md)
- [School Construction Cost Planning: Bishan New Town, Singapore](https://harth.build/resources/construction-costs/school-construction-cost-bishan-new-town-sg.md)
- [Retail Construction Cost Planning: Bishan New Town, Singapore](https://harth.build/resources/construction-costs/retail-construction-cost-bishan-new-town-sg.md)
- [Office Construction Cost Planning: Bukit Timah, Singapore](https://harth.build/resources/construction-costs/office-construction-cost-bukit-timah-sg.md)
- [House Construction Cost Planning: Bukit Timah, Singapore](https://harth.build/resources/construction-costs/house-construction-cost-bukit-timah-sg.md)
- [School Construction Cost Planning: Bukit Timah, Singapore](https://harth.build/resources/construction-costs/school-construction-cost-bukit-timah-sg.md)
- [Retail Construction Cost Planning: Bukit Timah, Singapore](https://harth.build/resources/construction-costs/retail-construction-cost-bukit-timah-sg.md)
- [Office Construction Cost Planning: Jurong East, Singapore](https://harth.build/resources/construction-costs/office-construction-cost-jurong-east-sg.md)
- [House Construction Cost Planning: Jurong East, Singapore](https://harth.build/resources/construction-costs/house-construction-cost-jurong-east-sg.md)
- [School Construction Cost Planning: Jurong East, Singapore](https://harth.build/resources/construction-costs/school-construction-cost-jurong-east-sg.md)
- [Retail Construction Cost Planning: Jurong East, Singapore](https://harth.build/resources/construction-costs/retail-construction-cost-jurong-east-sg.md)
- [Office Construction Cost Planning: Pasir Ris New Town, Singapore](https://harth.build/resources/construction-costs/office-construction-cost-pasir-ris-new-town-sg.md)
- [House Construction Cost Planning: Pasir Ris New Town, Singapore](https://harth.build/resources/construction-costs/house-construction-cost-pasir-ris-new-town-sg.md)
- [School Construction Cost Planning: Pasir Ris New Town, Singapore](https://harth.build/resources/construction-costs/school-construction-cost-pasir-ris-new-town-sg.md)
- [Retail Construction Cost Planning: Pasir Ris New Town, Singapore](https://harth.build/resources/construction-costs/retail-construction-cost-pasir-ris-new-town-sg.md)
- [Office Construction Cost Planning: Novena, Singapore](https://harth.build/resources/construction-costs/office-construction-cost-novena-sg.md)
- [House Construction Cost Planning: Novena, Singapore](https://harth.build/resources/construction-costs/house-construction-cost-novena-sg.md)
- [School Construction Cost Planning: Novena, Singapore](https://harth.build/resources/construction-costs/school-construction-cost-novena-sg.md)
- [Retail Construction Cost Planning: Novena, Singapore](https://harth.build/resources/construction-costs/retail-construction-cost-novena-sg.md)
- [Office Construction Cost Planning: Matilda Estate, Singapore](https://harth.build/resources/construction-costs/office-construction-cost-matilda-estate-sg.md)
- [House Construction Cost Planning: Matilda Estate, Singapore](https://harth.build/resources/construction-costs/house-construction-cost-matilda-estate-sg.md)
- [School Construction Cost Planning: Matilda Estate, Singapore](https://harth.build/resources/construction-costs/school-construction-cost-matilda-estate-sg.md)
- [Retail Construction Cost Planning: Matilda Estate, Singapore](https://harth.build/resources/construction-costs/retail-construction-cost-matilda-estate-sg.md)
- [Office Construction Cost Planning: Marine Parade, Singapore](https://harth.build/resources/construction-costs/office-construction-cost-marine-parade-sg.md)
- [House Construction Cost Planning: Marine Parade, Singapore](https://harth.build/resources/construction-costs/house-construction-cost-marine-parade-sg.md)
- [School Construction Cost Planning: Marine Parade, Singapore](https://harth.build/resources/construction-costs/school-construction-cost-marine-parade-sg.md)
- [Retail Construction Cost Planning: Marine Parade, Singapore](https://harth.build/resources/construction-costs/retail-construction-cost-marine-parade-sg.md)
- [Office Construction Cost Planning: Simei New Town, Singapore](https://harth.build/resources/construction-costs/office-construction-cost-simei-new-town-sg.md)
- [House Construction Cost Planning: Simei New Town, Singapore](https://harth.build/resources/construction-costs/house-construction-cost-simei-new-town-sg.md)
- [School Construction Cost Planning: Simei New Town, Singapore](https://harth.build/resources/construction-costs/school-construction-cost-simei-new-town-sg.md)
- [Retail Construction Cost Planning: Simei New Town, Singapore](https://harth.build/resources/construction-costs/retail-construction-cost-simei-new-town-sg.md)
- [Office Construction Cost Planning: Keat Hong Village, Singapore](https://harth.build/resources/construction-costs/office-construction-cost-keat-hong-village-sg.md)
- [House Construction Cost Planning: Keat Hong Village, Singapore](https://harth.build/resources/construction-costs/house-construction-cost-keat-hong-village-sg.md)
- [School Construction Cost Planning: Keat Hong Village, Singapore](https://harth.build/resources/construction-costs/school-construction-cost-keat-hong-village-sg.md)
- [Retail Construction Cost Planning: Keat Hong Village, Singapore](https://harth.build/resources/construction-costs/retail-construction-cost-keat-hong-village-sg.md)
- [Office Construction Cost Planning: Yew Tee, Singapore](https://harth.build/resources/construction-costs/office-construction-cost-yew-tee-sg.md)
- [House Construction Cost Planning: Yew Tee, Singapore](https://harth.build/resources/construction-costs/house-construction-cost-yew-tee-sg.md)
- [School Construction Cost Planning: Yew Tee, Singapore](https://harth.build/resources/construction-costs/school-construction-cost-yew-tee-sg.md)
- [Retail Construction Cost Planning: Yew Tee, Singapore](https://harth.build/resources/construction-costs/retail-construction-cost-yew-tee-sg.md)
- [All construction costs guidance for Singapore](https://harth.build/resources/construction-costs/singapore.md)
- [Sun Path: Kaki Bukit Estate, Singapore](https://harth.build/resources/solar-data/sun-path-kaki-bukit-estate-sg.md)

## Sources and method

National screening observation from the [World Bank ICP 2021 API](https://api.worldbank.org/v2/sources/90/country/SGP/classification/PX.WL/series/1501200/time/YR2021/data?format=json) and [ICP data documentation](https://www.worldbank.org/en/programs/icp/data); locality and population from the [GeoNames SG dump](https://download.geonames.org/export/dump/SG.zip) (CC BY 4.0 snapshot 2026-08-26, GeoNames ID 1881957). The PLI is not a city cost/m² rate, current escalation series or tender estimate.

### Source links

- [api.worldbank.org](https://api.worldbank.org/v2/sources/90/country/SGP/classification/PX.WL/series/1501200/time/YR2021/data?format=json)

- [worldbank.org](https://www.worldbank.org/en/programs/icp/data)

- [download.geonames.org](https://download.geonames.org/export/dump/SG.zip)

## Frequently asked questions

### Does the 97.6 index give a retail cost per m² for Kaki Bukit Estate?

No. 97.6 is the World Bank ICP 2021 national construction price-level index for Singapore, with the world equal to 100. It is a cross-country screening statistic, not a Kaki Bukit Estate SGD/m² rate, escalation index, quote or tender estimate.

### How should a Kaki Bukit Estate retail estimate replace this screening benchmark?

Collect current Kaki Bukit Estate comparables on a consistent gross-floor-area basis, reconcile shell condition, tenant fit-out, servicing, trading constraints and landlord works, and state base date, currency, taxes, fees, site work, contingency and escalation. A qualified local cost professional should review the resulting project estimate.

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