Impacted by government policy, construction of public housing stagnated in 2015 in Singapore.
Singapore’s air condit ioner market scale is estimated at about 165,000 units in 2015, with about 137,000 RAC units and about 28,000 PAC units.
Cooling only multi-split air conditioners dominate the market. In public housing provided by the Housing and Development Board (HDB) of the government, the operating current for air conditioners is limited to 11 amperes or less, and only one location is available for the installation of an outdoor unit.
This has increased the popularity of multi-split RACs that operate multiple indoor units from one outdoor unit. Window and unitary types have a small market share. Inverter penetration has reached 90%. For indoor units, demand for ceiling-concealed units is increasing, reflecting user preferences for sleek interiors.