EPISODE · May 7, 2024 · 8 MIN
Industry Insight: Singapore's industrial rents continue to rise in 1Q24, what is driving the growth?
from The Afternoon Update with Lynlee Foo · host MONEY FM 89.3
We take a deep dive into JTC's Announcement on Q1 2024 Statistics and the outlook for the industrial rental space in Singapore. Singapore's industrial rents continue to rise in the first quarter of 2024 even as occupancy rates dipped and prices fell for the first time in three years. What's driving this strong trend?What are the sentiments of occupiers? Plus, what is the outlook for the prime logistics sector? Tricia Song, CBRE Head of Research, Singapore and Southeast Asia shares more. See omnystudio.com/listener for privacy information.
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Industry Insight: Singapore's industrial rents continue to rise in 1Q24, what is driving the growth?
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