{"id":27977,"date":"2022-04-26T23:00:00","date_gmt":"2022-04-26T16:00:00","guid":{"rendered":"https:\/\/www.asiapropertyawards.com\/?p=27977"},"modified":"2022-04-27T00:54:17","modified_gmt":"2022-04-26T17:54:17","slug":"inside-singapores-industrial-property-market","status":"publish","type":"post","link":"https:\/\/www.asiapropertyawards.com\/en\/inside-singapores-industrial-property-market\/","title":{"rendered":"Inside Singapore\u2019s industrial property market"},"content":{"rendered":"

Leasing activity in Singapore\u2019s industrial market increased by 4.9 percent year-on-year (YoY)<\/span><\/p>\n

\"\"
Factory rents have gradually climbed as a result of low vacancy rates, as the bulk of supply is projected to operate in the second half of the year. Travelpixs\/Shutterstock<\/figcaption><\/figure>\n

As supply chain concerns remain a top priority, Asia Pacific’s industrial real estate sector appears destined to be the winner in commercial real estate in 2022, and for the third consecutive year, according to CBRE\u2019s 2022 Investor Intentions Survey. The industry has grown steadily since 2021, thanks to rapid e-commerce adoption during the pandemic, which has translated into increased demand for logistics space.<\/span><\/p>\n

Additionally, Investors seeking higher returns are increasingly looking for core-plus and value-added opportunities in logistics facilities that can be upgraded. They are also actively pursuing automation and other technology advancements in their logistics facilities as a result of the current e-commerce boom and its emphasis on speed and efficiency of supply chain operations, shared <\/span>RETalk Asia<\/span><\/a>.<\/span><\/p>\n

According to <\/span>Knight Frank<\/span><\/a>, leasing activity in Singapore\u2019s industrial market increased by 4.9 percent year-on-year (YoY) \u2014 2,140 leases, 1.4 percent quarter-on-quarter (QoQ) \u2014 in January and February 2022. Also, during this time, 1,557 tenancies were recorded in the multi-user factory segment, a slight decrease of 0.4 percent YoY.<\/span><\/p>\n

Knight Frank Singapore\u2019s head of capital markets Daniel Ding shared that strata industrial space maintained its popularity amongst businesses because of its price quantum.<\/span><\/p>\n

More: Singapore\u2019s economy goes up 3.4% in Q1 2022<\/strong><\/a><\/p>\n

Moreover, Cushman & Wakefield mentioned that prime logistics properties went up three percent QoQ because of steady rental increases in Q1 2022.<\/span><\/p>\n

Factory rents have gradually climbed as a result of low vacancy rates, as the bulk of supply is projected to operate in the second half of the year, reported the <\/span>Singapore Business Review<\/span><\/a>. Despite the tight vacancy situation, city business parks continued to grow steadily.<\/span><\/p>\n

Rents for business parks are predicted to rise in 2022 as a result of limited supply.<\/span><\/p>\n

Because of the steady expansion of the biomedical, technology, manufacturing, and logistics sectors, Wong Xian Yang, research head at Cushman & Wakefield Singapore, believes that there will be continued solid demand for high-tech, prime logistics, and warehouse facilities. The exponential growth of e-commerce and business digitalisation exacerbated this.<\/span><\/p>\n

Singapore’s GDP grew by 7.6 percent in 2021, which can be attributed to the manufacturing industry’s 13.2 percent YoY increase for the entire year.<\/span><\/p>\n

The Property Report editors wrote this article. For more information, email: propertyreport@propertyguru.com<\/a>.<\/span><\/i><\/p>\n","protected":false},"excerpt":{"rendered":"

Leasing activity in Singapore\u2019s industrial market increased by 4.9 percent year-on-year (YoY)<\/p>\n","protected":false},"author":12,"featured_media":27978,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[92,1],"tags":[197],"class_list":["post-27977","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-property-report","tag-industrial-real-estate","news_country-singapore","news_author-property-report"],"acf":[],"yoast_head":"\nInside Singapore\u2019s industrial property market | Asia Property Awards<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.asiapropertyawards.com\/en\/inside-singapores-industrial-property-market\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Inside Singapore\u2019s industrial property market | Asia Property Awards\" \/>\n<meta property=\"og:description\" content=\"Leasing activity in Singapore\u2019s industrial market increased by 4.9 percent year-on-year (YoY)\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.asiapropertyawards.com\/en\/inside-singapores-industrial-property-market\/\" \/>\n<meta property=\"og:site_name\" content=\"Asia Property Awards\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/asiapropertyawards\" \/>\n<meta property=\"article:published_time\" content=\"2022-04-26T16:00:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-04-26T17:54:17+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2022\/04\/shutterstock_511282372.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"667\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Content Writer\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@AsiaPropAwards\" \/>\n<meta name=\"twitter:site\" content=\"@AsiaPropAwards\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Content Writer\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/inside-singapores-industrial-property-market\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/inside-singapores-industrial-property-market\\\/\"},\"author\":{\"name\":\"Content Writer\",\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/#\\\/schema\\\/person\\\/60e0732a149bc2fbe99629e45c8be3c2\"},\"headline\":\"Inside Singapore\u2019s industrial property market\",\"datePublished\":\"2022-04-26T16:00:00+00:00\",\"dateModified\":\"2022-04-26T17:54:17+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/inside-singapores-industrial-property-market\\\/\"},\"wordCount\":414,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/inside-singapores-industrial-property-market\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/wp-content\\\/uploads\\\/2022\\\/04\\\/shutterstock_511282372.jpg\",\"keywords\":[\"industrial real estate\"],\"articleSection\":[\"News\",\"Property Report\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/inside-singapores-industrial-property-market\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/inside-singapores-industrial-property-market\\\/\",\"url\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/inside-singapores-industrial-property-market\\\/\",\"name\":\"Inside Singapore\u2019s industrial property market | Asia Property Awards\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/inside-singapores-industrial-property-market\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/inside-singapores-industrial-property-market\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/wp-content\\\/uploads\\\/2022\\\/04\\\/shutterstock_511282372.jpg\",\"datePublished\":\"2022-04-26T16:00:00+00:00\",\"dateModified\":\"2022-04-26T17:54:17+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/inside-singapores-industrial-property-market\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/inside-singapores-industrial-property-market\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/inside-singapores-industrial-property-market\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/wp-content\\\/uploads\\\/2022\\\/04\\\/shutterstock_511282372.jpg\",\"contentUrl\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/wp-content\\\/uploads\\\/2022\\\/04\\\/shutterstock_511282372.jpg\",\"width\":1000,\"height\":667,\"caption\":\"Factory rents have gradually climbed as a result of low vacancy rates, as the bulk of supply is projected to operate in the second half of the year. Travelpixs\\\/Shutterstock\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/inside-singapores-industrial-property-market\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Inside Singapore\u2019s industrial property market\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/#website\",\"url\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/\",\"name\":\"Asia Property Awards\",\"description\":\"PropertyGuru Asia Property Awards\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/#organization\",\"name\":\"Asia Property Awards\",\"url\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/wp-content\\\/uploads\\\/2023\\\/12\\\/Trophy_2.png\",\"contentUrl\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/wp-content\\\/uploads\\\/2023\\\/12\\\/Trophy_2.png\",\"width\":1920,\"height\":1080,\"caption\":\"Asia Property Awards\"},\"image\":{\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/asiapropertyawards\",\"https:\\\/\\\/x.com\\\/AsiaPropAwards\",\"https:\\\/\\\/www.instagram.com\\\/asiapropertyawards\\\/\",\"https:\\\/\\\/www.linkedin.com\\\/showcase\\\/asia-property-awards\",\"https:\\\/\\\/www.youtube.com\\\/channel\\\/UCCMEFMU-KW5dEKfb5dPTL9Q\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/#\\\/schema\\\/person\\\/60e0732a149bc2fbe99629e45c8be3c2\",\"name\":\"Content Writer\",\"url\":\"https:\\\/\\\/www.asiapropertyawards.com\\\/en\\\/author\\\/intern\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Inside Singapore\u2019s industrial property market | Asia Property Awards","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.asiapropertyawards.com\/en\/inside-singapores-industrial-property-market\/","og_locale":"en_US","og_type":"article","og_title":"Inside Singapore\u2019s industrial property market | Asia Property Awards","og_description":"Leasing activity in Singapore\u2019s industrial market increased by 4.9 percent year-on-year (YoY)","og_url":"https:\/\/www.asiapropertyawards.com\/en\/inside-singapores-industrial-property-market\/","og_site_name":"Asia Property Awards","article_publisher":"https:\/\/www.facebook.com\/asiapropertyawards","article_published_time":"2022-04-26T16:00:00+00:00","article_modified_time":"2022-04-26T17:54:17+00:00","og_image":[{"width":1000,"height":667,"url":"https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2022\/04\/shutterstock_511282372.jpg","type":"image\/jpeg"}],"author":"Content Writer","twitter_card":"summary_large_image","twitter_creator":"@AsiaPropAwards","twitter_site":"@AsiaPropAwards","twitter_misc":{"Written by":"Content Writer","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.asiapropertyawards.com\/en\/inside-singapores-industrial-property-market\/#article","isPartOf":{"@id":"https:\/\/www.asiapropertyawards.com\/en\/inside-singapores-industrial-property-market\/"},"author":{"name":"Content Writer","@id":"https:\/\/www.asiapropertyawards.com\/en\/#\/schema\/person\/60e0732a149bc2fbe99629e45c8be3c2"},"headline":"Inside Singapore\u2019s industrial property market","datePublished":"2022-04-26T16:00:00+00:00","dateModified":"2022-04-26T17:54:17+00:00","mainEntityOfPage":{"@id":"https:\/\/www.asiapropertyawards.com\/en\/inside-singapores-industrial-property-market\/"},"wordCount":414,"commentCount":0,"publisher":{"@id":"https:\/\/www.asiapropertyawards.com\/en\/#organization"},"image":{"@id":"https:\/\/www.asiapropertyawards.com\/en\/inside-singapores-industrial-property-market\/#primaryimage"},"thumbnailUrl":"https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2022\/04\/shutterstock_511282372.jpg","keywords":["industrial real estate"],"articleSection":["News","Property Report"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.asiapropertyawards.com\/en\/inside-singapores-industrial-property-market\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.asiapropertyawards.com\/en\/inside-singapores-industrial-property-market\/","url":"https:\/\/www.asiapropertyawards.com\/en\/inside-singapores-industrial-property-market\/","name":"Inside Singapore\u2019s industrial property market | Asia Property Awards","isPartOf":{"@id":"https:\/\/www.asiapropertyawards.com\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.asiapropertyawards.com\/en\/inside-singapores-industrial-property-market\/#primaryimage"},"image":{"@id":"https:\/\/www.asiapropertyawards.com\/en\/inside-singapores-industrial-property-market\/#primaryimage"},"thumbnailUrl":"https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2022\/04\/shutterstock_511282372.jpg","datePublished":"2022-04-26T16:00:00+00:00","dateModified":"2022-04-26T17:54:17+00:00","breadcrumb":{"@id":"https:\/\/www.asiapropertyawards.com\/en\/inside-singapores-industrial-property-market\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.asiapropertyawards.com\/en\/inside-singapores-industrial-property-market\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.asiapropertyawards.com\/en\/inside-singapores-industrial-property-market\/#primaryimage","url":"https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2022\/04\/shutterstock_511282372.jpg","contentUrl":"https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2022\/04\/shutterstock_511282372.jpg","width":1000,"height":667,"caption":"Factory rents have gradually climbed as a result of low vacancy rates, as the bulk of supply is projected to operate in the second half of the year. Travelpixs\/Shutterstock"},{"@type":"BreadcrumbList","@id":"https:\/\/www.asiapropertyawards.com\/en\/inside-singapores-industrial-property-market\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.asiapropertyawards.com\/en\/"},{"@type":"ListItem","position":2,"name":"Inside Singapore\u2019s industrial property market"}]},{"@type":"WebSite","@id":"https:\/\/www.asiapropertyawards.com\/en\/#website","url":"https:\/\/www.asiapropertyawards.com\/en\/","name":"Asia Property Awards","description":"PropertyGuru Asia Property Awards","publisher":{"@id":"https:\/\/www.asiapropertyawards.com\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.asiapropertyawards.com\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.asiapropertyawards.com\/en\/#organization","name":"Asia Property Awards","url":"https:\/\/www.asiapropertyawards.com\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.asiapropertyawards.com\/en\/#\/schema\/logo\/image\/","url":"https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2023\/12\/Trophy_2.png","contentUrl":"https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2023\/12\/Trophy_2.png","width":1920,"height":1080,"caption":"Asia Property Awards"},"image":{"@id":"https:\/\/www.asiapropertyawards.com\/en\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/asiapropertyawards","https:\/\/x.com\/AsiaPropAwards","https:\/\/www.instagram.com\/asiapropertyawards\/","https:\/\/www.linkedin.com\/showcase\/asia-property-awards","https:\/\/www.youtube.com\/channel\/UCCMEFMU-KW5dEKfb5dPTL9Q"]},{"@type":"Person","@id":"https:\/\/www.asiapropertyawards.com\/en\/#\/schema\/person\/60e0732a149bc2fbe99629e45c8be3c2","name":"Content Writer","url":"https:\/\/www.asiapropertyawards.com\/en\/author\/intern\/"}]}},"_links":{"self":[{"href":"https:\/\/www.asiapropertyawards.com\/en\/wp-json\/wp\/v2\/posts\/27977","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.asiapropertyawards.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.asiapropertyawards.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.asiapropertyawards.com\/en\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/www.asiapropertyawards.com\/en\/wp-json\/wp\/v2\/comments?post=27977"}],"version-history":[{"count":0,"href":"https:\/\/www.asiapropertyawards.com\/en\/wp-json\/wp\/v2\/posts\/27977\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.asiapropertyawards.com\/en\/wp-json\/wp\/v2\/media\/27978"}],"wp:attachment":[{"href":"https:\/\/www.asiapropertyawards.com\/en\/wp-json\/wp\/v2\/media?parent=27977"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.asiapropertyawards.com\/en\/wp-json\/wp\/v2\/categories?post=27977"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.asiapropertyawards.com\/en\/wp-json\/wp\/v2\/tags?post=27977"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}