(August 30 06:00) Sbr.com.sg
Submitted By:
Staff Reporter
Case Study:
No
This follows a three-year continuous decline.
This chart from Savills show that prices of 30-year leasehold industrial units continued its three year decline, falling by a further 1.1% QoQ to $333 per square feet (psf) in Q2.
Compared to other tenures, Savills reported that the decline in 30-year leaseholds was more significant because of depleting leases.
Prices of 60-year leasehold industrial units also dipped by 0.6% QoQ to $441 psf over the same period, reversing the short-lived uptick observed in the previous quarter.
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