Chart of the Day: Prices for 60-year leasehold upper-storey factory and warehouse units up 3%

The priciest 60-year leasehold units in Q3 were found at Cendex Centre, The Commerze@Irving, and Oxley Bizhub 2.

Savills Research reported:

Prices for 60-year leasehold upper-storey factory and warehouse units tracked by Savills climbed at a more modest pace of 3% in Q3 to S$437 per sq ft, surpassing Q3/2008’s peak by 41%.

The priciest 60-year leasehold units in Q3 were found at Cendex Centre, The Commerze@Irving and Oxley Bizhub 2 where upper-storey units changed hands at an average price of S$780, S$618 and S$610 per sq ft respectively. In September, 60-year leasehold strata-titled factory Ark@Gambas was launched for sale at prices starting from S$350 per sq ft.

However, moving into 2013, the number of 60-year leasehold projects being marketed will start to decline dramatically given that all government industrial sites for sale are on 30-year leases or shorter. Technically, 30-year leasehold units would be of a lower value and will distort the price index.

If you've been wondering whether SBR could work for your company — yes, probably.

A lot of the companies we partner with started as readers. They'd been following our coverage for a while, saw their own customers and competitors in it, and eventually asked the obvious question: could we do something with you? The answer is usually yes. The shape of it depends on what you're trying to do.

The options are broader than most people assume — thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. Some partners use one channel; most use a mix. We figure out the right combination by starting with your brief, not with our rate card.

So if the question has been on your mind, here's the easy way to ask it.

We'll tell you honestly whether we can help, and how. 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