Prices and rentals of industrial space continue to moderate in Q2

Singapore

PRICES and rentals of industrial space continued to moderate in tandem with occupancy rates, according to JTC's latest quarterly market report of industrial properties released on Thursday.

In Q2 2017, the price and rental indices for the overall industrial property market fell by 1.6 per cent and 0.8 per cent respectively compared to the previous quarter. The price and rental indices fell by 8.2 per cent and 4.1 per cent from a year ago.