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Singapore : Industrial property prices soar in Q3

Posted on 30 October 2012

Prices of industrial property shot up in the third quarter and are now nearly 30 per cent ahead of their level at the start of the year, said.
Rents were also up slightly in the three months to Sept 30 - which saw the twelfth month of gains - adding further to the cost pressures on small and medium- sized enterprises. The gains in capital values were the most dramatic. Prices were up 8.8 per cent in the three months to Sept 30 compared with the previous quarter, said the Urban Redevelopment Authority (URA)………………………………………..Full Article: Source


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