singapore industrial property market
Industrial occupancy dips to 88.7% in 1Q24
Occupancy fell 0.3 ppt from 4Q23.
Freehold industrial units at Citilink Warehouse Complex are on sale
Prices of units start from below $1m to $20m for early birds.
New economy assets to drive rental growth in the industrial property market
This property type is poised to grow by 2% to 3% in 2023.
Rents in industrial property market climb 2.1% in Q3
Prices also increased by 2%, the JTC reported.
Industrial property market leasing declines 34.1% QoQ in Q2
The total number of leases for the quarter was 2,077.
Chart of the day: Industrial property sales declines 30.2% in Q2
Multiple user factories remain the most popular for being affordable.
Chart of the day: Factory and warehouse leasing volume slows to 3.5% in Q1
This is way below the double-digit increase from a year before.
Will industrial real estate market weather global headwinds
The leasing volume in the industrial sector has moderated to 3.5% YoY in Q1 2022.
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