Published:
Chart of the Day: Sales down for strata factories and warehouses
Notwithstanding the slower sales, industrial prices continued to surge.
Savills Research reported:
Weak sentiment and soaring prices continued to rein-in sales this quarter following a 28% YoY dip in the preceding quarter.
According to the SISV-REALink, 729 caveats for strata factories and warehouses were lodged in Q3, significantly less than the 1,405 caveats registered in the same period last year. The full Q3 number is likely to be similar to that in Q3/2010.
Notwithstanding the slower sales, industrial prices continued to surge as some industrialists remained undeterred by the hefty price tags amid the current low interest-rate environment.
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