ELEVATED prices and rents in Singapore's industrial sector are here to stay, property and research consultancy Savills Singapore has said in a new report.
Prices for industrial properties are continuing to rise.
For instance, freehold prices for upper-storey factory and warehouse units posted the largest rise of 3.1 per cent to $669 per sq ft (psf) in the first quarter, from the fourth quarter of last year.
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Prices and Rents in Industria Sector