Singapore industrial rents, prices rise in Q2 as occupancy edges down: JTC
Summary by Business Times
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2 Articles
Industrial rents notch 19th straight quarterly gain in 2Q2025 as demand shifts to newer assets
Overall industrial rents rose 0.7% q-o-q in 2Q2025, extending the 0.5% increase in 1Q2025, according to JTC statistics released on July 24. This marks the 19th consecutive quarter of growth, bringing the JTC All Industrial Rental Index 24.6% above its 3Q2020 trough. “New developments, which have maintained steady asking rents due to higher construction costs, continued to support rental growth,” says Wong Xian Yang, head of research for Singapor…
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