External factors cast long shadow over industrial property rentals
Industrial property rental index makes first uptick in four years, but trade tension puts businesses in cautious mode
Add BT as a preferred source
Singapore
THE Singapore industrial property market continued to be stable in Q2, based on the latest data from industrial land and infrastructure agency JTC Corp, but analysts are cautious about the outlook, citing external headwinds.
The negative sentiment overshadowed the first quarter-on-quarter uptick in four years in JTC's rental index for overall industrial property in Singapore: The index inched up a marginal 0.1 per cent in the second quarter of 2019 over the previous quarter.
TRENDING NOW
‘The answers are all uncertain’: True Singapore ex-employees left hanging over salaries, CPF contributions for September
DBS chief Tan Su Shan rules out entering politics, calls for diverse talent to boost policy debate
‘A bank should ask questions’: Five DBS accounts linked to Jho Low associate in 1MDB case
True Fitness, True Yoga close all outlets; liquidators start winding-up process
