Industrial property prices could fall further: analysts
Singapore
INDUSTRIAL rents and prices have fallen for the fifth straight quarter as headwinds on the manufacturing and economic fronts, coupled with uncertainty in the market and supply outstripping demand, took its toll on industrial property in Singapore.
The all-industrial rental index registered a 6.1 per cent year-on-year dip and fell 1.7 per cent on a quarterly basis, the latest statistics from JTC Corporation for the second quarter show.
Industrial property prices have also fallen 6.5 per cent y-o-y and 2.3 per cent …
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
Far East Shopping Centre back on market at unchanged S$928 million asking price
London mansions sold at 30% discount spell gloom for luxury market
Delfi Orchard up for collective sale at S$438 million guide price
US existing home sales drop in March; median price increases
German home building permits tumble 18% in February, extending rout
China national who had Singaporeans front plan to buy East Coast houses pleads guilty