News

Commercial Property

Gerv Tacadena

, Singapore

Published:

9 years ago

Chart of the Day: Check out the price slump in upper-storey factory units

Freehold and 30-year leasehold saw price declines in the last quarter of 2016.

In line with the lower demand, upper-storey factory and warehouse units saw marginal price decline in the fourth quarter of last year.

According to the latest report by Savills, other than 60-year leasehold industrial units, which had a 2.1% quarter-on-quarter recovery from the largest price decline of 4.7% qoq in 3Q16, freehold and 30-year leasehold industrial units continued to trend downward in 4Q16.

The price for 60-year leasehold industrial units averaged $453.96 per sq ft, still below the prices recorded since 2013. 30-year leasehold industrial units recorded a new record low price at $358.19 per sq ft after a further dip of 0.6% qoq.

"In spite of the limited supply of freehold industrial developments in Singapore, prices had the largest fall of 2.2% qoq in 4Q16 to $644.58 per sq ft, the lowest price recorded in 2016.

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.

If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia

Top News

Energy transition finance fund hits $446m with Temasek, MAS backing

ETAF targets grid upgrades and energy transition projects across Asia.

16 minutes ago

Domestic supply prices fall 1.9% in May

Lower petroleum prices offset continued increases in non-oil goods.

Economy

2 hours ago

Manufactured product prices fall 0.2% in May

Lower petroleum prices offset continued gains in non-oil manufactured products.

Manufacturing

2 hours ago

Maybank lifts Singapore GDP forecast on manufacturing growth

AI-related demand continued to support electronics and precision engineering.

2 hours ago

Exclusives

Domino’s Singapore targets impulse orders with brand refresh

The pizza chain has launched the Thick Crunch range to boost orders beyond parties.

Food & Beverage

3 hours ago

Singapore, Hong Kong take rival paths to capture global gold trade

One builds MAS-backed vaulting for central banks, the other opens a pipeline to Shanghai.

4 hours ago

Monday.com picks Singapore for Southeast Asia expansion

Its in-house designers created Singapore-inspired artwork in the company's colors.

3 days ago

Tsuklio targets dual-income families in Singapore expansion

The Japanese meal subscription platform logged 3,000 pre-registrations before launch.

Food & Beverage

5 days ago

Event News

Co-Written / Partner Finweek KL 2026: Where European capital meets ASEAN scale

The premier EU–ASEAN institutional fintech summit brings 1,000+ delegates to PARKROYAL Collection Kuala Lumpur on 11 to 13 November 2026 for three days of cross-border deal-making.