Important Client Notice

Price Adjustment Effective 1 October 2026

An important update regarding revised pricing for SUNNIK sectional panel tanks and new quotations issued from 1 October 2026.

EFFECTIVE DATE

1 October 2026

Applies to new quotations issued from this date

Published

15 September 2026

Notice type

Product Pricing Adjustment

Issued by

Magtech General Construction & Trading Pte Ltd

Notice to Our Clients

From 1 October 2026, all new quotations for the SUNNIK tank range will reflect revised pricing. We have made every effort to absorb these additional costs and maintain our current pricing. However, the continuing increases have made this adjustment necessary.

Price Adjustments:

  • FRP/GRP Sectional Panel Tanks (SUNNIK): 8% increase
  • Steel Sectional Panel Tanks – HDG pressed steel, SS304 and SS316: 6% increase

Why the price adjustment is necessary

Due to the ongoing conflict in the Middle East, material, manufacturing and logistics costs have continued to rise, directly affecting the cost of supplying and delivering our water tank systems and associated project services.

What This Means for Current and Upcoming Projects
01

Existing Quotations

Quotations issued before 1 October 2026 will be honoured at the quoted price only within their stated validity period. Quotations that have expired will be reissued at the revised prices.

02

Orders Confirmed by 30 September

Orders confirmed with a Purchase Order and deposit within the quotation validity period, on or before 30 September 2026, will be processed at the current prices.

All quotations issued on or after 1 October 2026 will reflect the revised prices.

Clients currently planning a project are encouraged to contact our team to confirm their quotation validity period and the pricing applicable to their project.

Our Commitment

Magtech remains committed to supplying suitable materials, delivering work to the required project standards and providing dependable support throughout each project.We appreciate your understanding and continued support.

Magtech General Construction & Trading Pte Ltd

Water storage solutions for Singapore and Asia

Notice Details

Questions About Your Quotation?

Contact our team to confirm the terms that apply to your existing quotation or upcoming project.