Industrial property continue to slide in Q1: JTC

Singapore’s industrial space prices, rents, occupancies continued to fall in tandem with occupancy rates in the first quarter of 2017. The price and rental indices for the overall industrial property market fell by
Singapore Q1 GDP up 2.5 percent
Singapore Q1 GDP up 2.5 percent on-year, contracts on quarter as manufacturing slows Singapore’s trade-reliant economy shrank 1.9 percent in the first quarter from the previous three months on an annualized basis, weighed by contractions in manufacturing and services, preliminary data showed on Thursday.
Potential Upswing of Singapore Property Market
Is Singapore’s property market headed for a quick upswing? After a long, plodding downtrend, Singapore’s housing market may be gathering forces for a rebound. Sigrid Zialcita, managing director for Asia Pacific research at Cushman & Wakefield, told CNBC’s “The Rundown” last week that she expected a turning point in prices “very soon.”
HDB rental slide in March faster than Condo
RENTS of HDB flats eased at a bigger pace year on year (y-o-y) in March 2017 compared with rents of non-landed private homes, according to latest flash estimates from SRX Property. On a month-on-month (m-o-m) basis, rents for both categories fell. SRX’s rental index for private apartments and condos fell one per cent m-o-m in […]