industrial rents
Rental prices of prime logistics and warehouses to grow at slower pace
In 2022, rents grew by 10.2% YoY and 6.6%, respectively.
New industrial space in SG projected at 21.1msf for 2022
The expansion will support rent and price increases of between 3% to 5%.
JTC All Industrial Rental Index shows signs of recovery
The JTC All Industrial Rental Index continued its rebound in Q3 2021.
Industrial rent grows for the third consecutive quarter by 0.6%
The occupancy rate for the overall industrial property market was at 90.1% as of end-June.
Commentary
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