Agent.sg / Property news / Leasing volume of multiple-user factories plunged 43.5% in Q2

Leasing volume of multiple-user factories plunged 43.5% in Q2

Fresh property news selection on July 29. 2020, Wednesday.

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This represented a total rental volume of $2.5m.

07.29.

This chart from Knight Frank shows that the leasing volume of multiple-user factory spaces island-wide crashed 43.5% YoY in Q2, with the number of tenancies from April to May 2020 falling to 1,253.

This represented a total rental volume of $2.5m. Further, the median rent of these spaces island-wide maintained at $1.78 psf pm in Q2, unchanged from Q1 and from Q2 2019.

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