Cushman & Wakefield Singapore has unveiled its latest report, “Rethinking Facility Management,” coinciding with World FM Day on 13 May 2026. The report explores the evolving landscape of facility management (FM) in Singapore, emphasising a shift towards integrated, technology-enabled, and outcome-based models to meet rising operational demands and tenant expectations.
The report identifies a significant opportunity for property owners and service providers to adopt these advanced FM strategies. Natalie Craig, Chief Executive of Cushman & Wakefield Singapore, stated, “World FM Day is a timely opportunity to recognise the role facility management plays as a strategic driver of value across the built environment.” She highlighted the increasing collaboration and focus on measurable results within the industry.
Outcome-based integrated facility management (IFM) is seen as the next evolution in FM, aligning remuneration with tangible outcomes like energy efficiency. According to the report, this approach can reduce total costs by 5–15% compared to traditional models. Frost & Sullivan’s data supports this trend, projecting the IFM sector in Singapore to grow from 32.5% of the outsourced market in 2024 to 33.3% by 2030.
Technology is pivotal in this transformation, enabling real-time oversight and predictive maintenance. The report notes that technology upgrades have led to an 11.1% reduction in energy consumption. As Singapore advances towards a sustainable built environment, FM will play a crucial role in shaping efficient and people-centric spaces.
The report underscores the importance of integrating people, places, and processes to create environments that support businesses and communities effectively.
