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Downward pressure on industrial prices, rentals in coming quarters owing to virus outbreak: JTC

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Prices and rents of industrial space in Singapore fell slightly in the first quarter of this year, while occupancy remained flat, but the data does not capture the full impact of the Covid-19 outbreak, said industrial land and infrastructure agency JTC Corp.

PRICES and rents of industrial space in Singapore fell slightly in the first quarter of this year, while occupancy remained flat, but the data does not capture the full impact of the Covid-19 outbreak, said industrial land and infrastructure agency JTC Corp.

As the pandemic continues to...

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