(August 16 06:00) Sbr.com.sg
Submitted By:
Nathanielle Punay
Case Study:
No
Almost half of it will be from multiple-user factories.
This chart from Colliers, citing data from JTC, shows that new industrial supply will hit 18.8 million sqft in 2020.
Most of the said figure will be consisted of multiple-user factories at 47%, before tapering off from 2021 onwards. Vacancy rates are also projected to slightly increase in 2020, as demand could lag supply. Vacancy would then decline after 2022 as supply subsides.
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