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Singapore: Industrial property prices up in 3rd quarter

Posted on 12 October 2012

Industrial property prices rose in the third quarter as investors looked to avoid earlier cooling measures in the residential market but the pace of increase has slowed, according to a report from consultancy DTZ.
Resale prices for upper-storey industrial space increased 3.5 per cent in the third quarter compared with the previous three months. That’s a slowdown: Prices had risen 4.9 per cent in the second quarter over the first. Values have surged 8.5 per cent in the first nine months of the year, however………………………………………..Full Article: Source

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