Facebook Ads Insights Tool

Facebook Ads Cost Per Lead Benchmarks for Construction in Singapore

See how your CPL compares. Explore lead generation cost benchmarks by industry, region, and campaign type

Cost Per Lead for Construction in Singapore

October 2024 - October 2025

Insights

Detailed observation of presented data

Key takeaways

  • Across Sep 2024–Sep 2025, median cost per lead in Construction for Singapore ran 34.5% above the global baseline on average (47.32 vs. 35.17), but ended the period well below market.
  • The series is highly volatile: average month-over-month movement was about 86% versus 12.9% for the baseline.
  • Clear seasonality: a steep Q4 surge peaked in December, followed by a January reset, a March rebound, and a steady slide into late summer. Costs typically rise in Q4 around holiday periods.
  • From first to last observation, costs fell 96.6% (18.996 in Sep 2024 to 0.655 in Sep 2025).

Overview and context

This analysis looks at cost per lead trends for industry Construction and target country Singapore compared to the global trend. The analysis is based on $3B worth of advertising data from our dataset, which provides strong directional benchmarks. We summarize monthly medians from Sep 2024 through Sep 2025 (11 observations for the selected series, aligned months used for baseline comparisons).

Trends in the selected series (Construction, Singapore)

  • Average: 47.32
  • High: 147.52 in December 2024
  • Low: 0.655 in September 2025
  • Change from first to last month: -96.6%
  • Volatility: average absolute month-over-month change ≈ 86%
  • Notable movements:
  • Q4 surge: Sep → Oct +247%, Nov -3.8%, and a major spike in Dec (+133% vs. Nov).
  • January reset: -73% from December.
  • March rebound: +127% vs. January.
  • Prolonged descent: April → August generally trended down, culminating in a -95.5% drop from August to September.

Comparison with the global baseline

  • Baseline average (aligned months): 35.17; high 41.58 (Nov 2024); low 20.63 (Sep 2025); first-to-last change -37.3%.
  • Relative level: Singapore Construction averaged 34.5% above market for the period.
  • Peak comparison: December 2024 in Singapore (147.52) was 3.7x the global median for that month (39.63).
  • Volatility contrast: baseline month-over-month movements averaged 12.9%, indicating steadier global conditions than the selected series.
  • Month-by-month positioning:
  • Above market in 6 of 11 months (Oct 2024–Apr 2025).
  • Below market from June onward, especially Q3 2025, where the gap widened sharply.

Seasonality and pattern highlights

  • Q4 effect: pronounced increase through October–December with the annual peak in December, consistent with typical holiday-driven cost pressure.
  • Early-year normalization: January drop with a brief March rebound.
  • Mid-to-late-year moderation: costs eased through mid-year and fell to the series low by September.

Understanding cost per lead benchmarks on Facebook Ads in industry Construction and Singapore helps advertisers make more efficient budget and creative choices.

Understanding the Data

Insights & analysis of Facebook advertising costs

Facebook advertising costs vary based on many factors including industry, target audience, ad placement, and campaign objectives. In the Construction industry, Facebook ad costs can be influenced by seasonal trends and market competition. For campaigns targeting Singapore, advertisers should consider local market factors and user behavior. Different campaign objectives lead to varying costs based on how Facebook optimizes for your specific goals. The data shown represents median values across multiple campaigns, and individual results may vary based on ad quality, audience targeting, and campaign optimization.

Why we use median instead of average

We use the median CTR because the underlying distribution of click-through rates is highly skewed, with a small share of campaigns achieving extremely high CTRs. These outliers can inflate a simple average, making it less representative of what most advertisers actually experience. By using the median—which sits at the midpoint of all campaigns—we provide a more rigorous and realistic benchmark that reflects the true underlying data model and helps you set attainable performance expectations.

Key Factors Affecting Facebook Ad Costs

  • Competition within your selected industry and audience demographics
  • Ad quality and relevance score – higher quality ads can lower costs
  • Campaign objective and bid strategy
  • Timing and seasonality – costs often increase during holiday periods
  • Ad placement (News Feed, Instagram, Audience Network, etc.)

Note: This data represents industry median values and benchmarks. Your actual costs may vary based on specific targeting, ad creative quality, and campaign optimization.

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The data behind the benchmarks

All data is sourced from over $3B in Facebook ad spend, collected across thousands of ad accounts that use Superads daily to analyze and improve their campaigns. Every data point is fully anonymized and aggregated—no individual advertiser is ever exposed.

This dataset updates frequently as new ad data flows in. It will only get bigger and better.

Singapore Advertising Landscape

National Holidays

Jan 1New Year's Day
Jan 29Chinese New Year Day 1
Jan 30Chinese New Year Day 2
Mar 31Hari Raya Puasa
Apr 18Good Friday
May 1Labour Day
May 12Vesak Day
Jun 7Hari Raya Haji
Aug 9National Day
Oct 20Deepavali
Dec 25Christmas Day

Key Shopping Season

Late January (Chinese New Year), October–December (Deepavali, National Day promotions, Christmas), Mid-year retail events

Potential Advertising Impact

CPM and CPC might rise during Chinese New Year and Deepavali for gifting, food, and apparel categories. Good Friday, Hari Raya, and Vesak Day long weekends could shift consumer behavior and spike media consumption. National Day promotions might elevate ad costs in entertainment and tourism. Singapore's small, affluent market means events can have noticeable retail impact.

What is considered a good cost per lead on Facebook in 2025?

A good CPL usually ranges from $10 to $50, depending on your industry and target audience. B2C offers tend to be cheaper, while B2B or high-ticket services may see CPLs over $100.

Why is my CPL higher than industry averages?

Your CPL could be high due to weak creative, irrelevant targeting, or an offer that doesn't resonate. Low engagement or poor conversion rates on your landing page can also drive up costs.

Does campaign objective impact CPL?

Yes. Campaigns optimized for conversions or leads tend to generate cheaper and more qualified leads compared to traffic or engagement objectives. Facebook needs clear signals to find the right users.

How can I generate leads at a lower cost without hurting lead quality?

Focus on improving your offer, targeting the right audience, and using high-converting creative. Test native lead forms, but make sure you're still qualifying users properly.

Should I optimize for leads or conversions if my goal is pipeline growth?

If your goal is sales or revenue, optimizing for deeper funnel conversions is better. Optimizing for leads alone can inflate volume but hurt quality.