Industrial rents and prices post 12th consecutive quarter of growth in 3Q2023
INDUSTRIAL rents and prices in Singapore have seen twelve consecutive quarters of growth since 4Q2020, with statistics from JTC’s 3Q2023 Industrial Properties Quarterly Market Report showing a rise of 2% and 1.4% q-o-q respectively. Despite the manufacturing sector contracting 5% year-on-year in 3Q2023, while non-oil domestic exports shrank 13.2%, both industrial rents and prices were […]