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Rental Index of All Industrial Properties, Multiple-User Factory and Warehouse (2Q 2014)
 
Rental Index of Industrial Properties
 
Rentals of industrial space have moderated in 2Q 2014, falling by 0.1% on a quarter-on-quarter basis. For multiple-user factory space, rentals were unchanged in 2Q 2014.
On a year-on-year basis, rentals of industrial space rose by 5.0% in 2Q 2014, significantly slower than the average increase of 10.2% per year over the past 4 years. For multiple-user factory space, rentals rose 4.3% on a year-on-year basis in 2Q 2014, also significantly slower than the average increase of 9.8% per year over the past 4 years.
Figure 1. Rental Index of Industrial Properties (3Q 2011 – 2Q 2014)
Industrial Property

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Average Rental of Multiple-User Factory Space by Planning Region and Zoning

In 2Q 2014, the average transacted rentals of Business 1 (B1) and Business 2 (B2) multiple-user factory space declined in most locations. For instance, the average transacted rentals for B1 multiple-user factory space in the North region fell by 1.7% on a quarter-on-quarter basis.

Table1. Average Rental of Multiple-User Factory Space by Planning Region and Zoning (2Q 2013 – 2Q 2014)


    Note:

   ^ There were either no transactions or too few transactions for meaningful compilation.
    1 The rise in rental was due to more transactions for properties with better accessibility in 2Q 2014.
    2 The drop in rental was due to more transactions for higher floor properties in 2Q 2014.
    3 The drop in rental was due to more transactions for higher floor and larger properties in 2Q 2014.
 
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Last updated: 24 July 2014