Agent.sg / Property news / Chart of the Day: Monthly average industrial rents fell in Q2

Chart of the Day: Monthly average industrial rents fell in Q2

Fresh property news selection on August 27. 2020, Thursday.

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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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