Chart of the Day: Factory and warehouse leasing volumes rose 6.7% to 2,883 deals in Q2

Submitted By:  Staff Reporter Case Study:  No There was a spike in leasing activity in Geylang and Bedok Planning Areas. This chart from Savills shows that the leasing volume for factory and warehouse space rose by 6.7% YoY to a record high 2,883 deals in Q2. This was mainly attributed to the increased leasing demand for single and multiple-user factories. Notably, there was a spike in leasing activity observed in Geylang and Bedok Planning Areas in the second quarter as compared to the previous quarter, according to Savills. read more