Industrial property market predicted to have a 'muted' Q4

No thanks to property curbs, geo-political risks.

According to Colliers International, sentiments in the industrial property market are expected to be muted in the final three months of 2013, due to the presence of global economic and geo-political risks, uncertainties over the performance of the local manufacturing sector, as well as the effects of recent Government measures like the Sellers’ Stamp Duty and TDSR.

Here's more from Colliers:

As the TDSR impact filters through the market, transaction activity in the strata-titled industrial sales market is anticipated to stay subdued over the October to December quarter.

With more buyers expected to adopt a wait-and-see approach in the wake of a possible price correction (even if they are unaffected by the latest TDSR measure), sellers with weaker holding power are likely to lower their prices to move sales.

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