Brind.
  1. Cushman & Wakefield provided a market outlook on retail trends in Singapore.
  2. Cushman & Wakefield reported on Singapore's property market, while JLL released research on the broader Southeast Asia market.

Singapore Industrial Property Prices Rise 4.2% YoY, Outpacing Rents

1 report, 1 independent Updated Fri 00:00
AI-generated briefing. Brind wrote this from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.

What happened

Some supportReported by 1 outlet

Industrial property prices in Singapore rose 4.2% year-on-year in the third quarter, outpacing rental growth of 2.1% year-on-year, according to JTC. Overall occupancy eased to 88.9% quarter-on-quarter, though the Warehouse segment was the only area to see rising occupancy at 89.7%. Prices increased across all segments, with multiple-user factory rising 5.3% year-on-year.

From sbr.com.sg

Why it matters

Some supportBrind's analysis of the reports

The price index rose at a faster pace than rental growth, which JTC attributed to resilient demand and low interest rates. The decrease in overall occupancy was linked to tenants vacating older factories and slower demand for suburban business parks.

Cushman & Wakefield previously reported on Singapore's property market, and JLL released research covering the broader Southeast Asia market.

From sbr.com.sg

Who's involved

  • SingaporeThe market subject of the industrial property report

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Cushman & Wakefield reported on Singapore's property market, while JLL released research on the broader Southeast Asia market. All 2 developments

Within Cushman & Wakefield provided a market outlook on retail trends in Singapore.

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