Second Hand Core Drilling Rig for Sale in Singapore: 2024 Price List, Quotes & Supplier Deals
Need an affordable second hand core drilling rig in Singapore? You're not alone. Over 60% of construction companies now prefer pre-owned equipment to cut costs while meeting Singapore's booming infrastructure demands. Here's why prices have dropped 12% since 2023 – and how to get the best ROI on your purchase.
Why Prices Are Falling in Singapore’s Used Equipment Market
Singapore's construction sector grew 4.7% last year, but new machinery costs remain high. Second hand core drilling rig prices now start at S$8,500 for basic models – that's 40% cheaper than new units. A recent study shows:
- Market leader Sandvik's used rigs sell for S$14,200-S$18,500
- Chinese brands like Sany offer rigs under S$10,000
- Local suppliers provide 3-6 month warranties on refurbished units
Real Case: How ABC Construction Saved S$26,000
In March 2024, a Jurong-based contractor bought a 2021-model core drilling rig for S$11,800 (original price: S$37,900). The refurbished machine completed 18 basement projects in 5 months. "We recovered costs within 60 days," said project lead Michael Tan.
2024 Price Guide & Hidden Costs to Watch
Always ask suppliers for a quotation covering:
- Machine age (aim for 2020-2022 models)
- Maintenance history (minimum 3 service records)
- Tool compatibility (diamond drill bits not always included)
Beware "bargain" rigs below S$7,000 – shipping costs from countries like Germany could add S$1,800. Top Singapore dealers like RigMart Asia offer free delivery islandwide for orders over S$15,000.
3 Proven Tips to Buy Smart
1. Check hydraulic system hours instead of mileage
2. Verify GST-inclusive pricing
3. Compare at least 3 suppliers: Chinese models save money, Japanese brands (e.g., Komatsu) offer longer lifespans
With Singapore's Green Building Masterplan pushing for 80% sustainable construction by 2030, demand for pre-owned drilling rigs will keep rising. Now's the time to secure quality equipment before prices rebound. Ready to explore options? Download our free buying guide with current price lists from 12 certified suppliers.
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