,Singapore

Industrial sector bounces back with single-user factory transactions up by 214% HoH

The overall industrial price index jumped by 2.7% HoH in H1 2021.

Singapore’s industrial sector maintains its recovery process with a 214% half-on-half (HoH) increase in single-user factory transactions. 

This can be attributed to the strong demand for industrial assets such as factories and warehouses, as well as the continued growth of e-commerce. The industrial price index increased 2.7% in the first half of 2021 as a result of this.

Occupancy also crept 0.2 percentage points to 90.1% due to a surge in supply.

JTC Rental and price indices also recorded an increase at 1.1% and 2.7% HoH, respectively.

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

One in 900 job vacancies requires new hires to be vaccinated.
DairyFarm showed the most growth.
ARA LOGOS is currently on the 13th spot.
Meanwhile, the demand for petrochemical exports benefitted from this same crisis.
This is expected to speed up the electronic exchange of trade documents.
This is in support of achieving Absolute Zero Carbon by 2040.
Adults will only shop if goods are discounted by at least 48%, survey says.   About 54% of 1,001 Singaporean adults have plans to shop during the Black Friday sales but only if prices of goods are discounted by at least 48%, a survey from Finder.com showed.
This move is in line with its goal to accelerate recommerce growth in SEA.
The notes were released under its $3m Multicurrency Medium Term Note Programme.
Singtel showed the most growth.
Re-exports also saw an increase of 16.4% in the same month.
The marine company apologised to its workers at the dorm.
SG electricity demand peaked at 7,667MW in October 2021.
The two aim to accelerate the progression of AI.
It will focus on sustainable opportunities for companies in Singapore.