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High-tech industrial sites led the decline.
This chart from EDMUND TIE showed that the monthly average rental rates for most market segments declined QoQ in Q2 due to weak manufacturing performance.
High-tech industrial sites led the decline as it fell 0.4% QoQ, followed by upper-storey multiple-user factory and suburban business park by 0.2%. Warehouse logistics spaces saw its rents slip by 0.1% QoQ in Q2.
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Agent.sg's Daily Property News Selection brings you the most important property market news in and around Singapore. We list the best articles on real estate development, property investment and on the property listing market on a daily basis - whoever stays out, misses out.
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