SUBSCRIBERS
Industrial market posts stable Q3 despite external headwinds, but outlook cloudy
Price index up 0.1%, rental index remains flat; occupancy rate for industrial property market unchanged at 89.3%
Add BT as a preferred source
Published Thu, Oct 24, 2019 · 09:50 PM
Singapore
RENTS and prices of industrial space in Singapore remained relatively stable in the third quarter of this year compared with the previous three months, even as the industrial market faces headwinds from the US-China trade spat.
However, between the slowing economy and the ongoing trade war, overall rents and occupancy could face pressure in the quarters to come.
Copyright SPH Media. All rights reserved.
