Industrial property sector outlook stable in Q4 and beyond

Singapore

THE outlook for the industrial property sector is expected to remain stable going into the fourth quarter and beyond, although the impact from the US-China trade war remains a potential risk.

In the third quarter, industrial prices edged up 0.1 per cent from the previous quarter, while industrial rents slipped 0.1 per cent - marking a decline for the 14th consecutive quarter - owing to softer rents in multiple-user factories, single-user factories and business parks, JTC's quarterly report showed.