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Rental Index of All Industrial Properties, Multiple-User Factory and Warehouse (1Q 2014)
 
Rental Index of Industrial Properties
 
Rentals of industrial space continued to stabilize in 1Q 2014, rising marginally by 0.4% on a quarter-on-quarter basis, following a 0.2% increase in the previous quarter. For multiple-user factory space, rentals was up by 1.3% in 1Q 2014, following a 1.4% decline in the previous quarter. 
On a year-on-year basis, rentals of industrial space rose by 4.9% in 1Q 2014, significantly slower than the average increase of 10.6% per year over the past 4 years. For multiple-user factory space, rentals rose 4.5% on a year-on-year basis in 1Q 2014, also significantly slower than the average increase of 10.3% per year over the past 4 years.
 

Figure 1. Rental Index of Industrial Properties (2Q 2011 – 1Q 2014)

Industrial Property

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Average Rental of Multiple-User Factory Space by Planning Region and Zoning
 
In 1Q 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 4.4% on a quarter-on-quarter basis.
 
 

 Table1. Average Rental of Multiple-User Factory Space by Planning Region and Zoning (1Q 2013 – 1Q 2014)

   ^ Note: There were either no transactions or too few transactions for meaningful compilation.
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Last updated: 21 July 2014