Industrial rents and prices continue decline in Q1
This was despite robust trade and manufacturing showings, but analysts put this down to the usual time lag and an oversupply of space
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Singapore
THE recovery in Singapore's trade and manufacturing output has yet to translate into higher demand for industrial space in the first quarter of this year, JTC Corporation's latest figures on industrial property prices and rentals show.
Prices of Singapore's industrial spaces are down 2.2 per cent from the previous quarter; rentals are 0.9 per cent down.
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