Real estate investment trusts (REITs) have outperformed the market despite the volatility in the first half of the year. They are also known for their relative resilience amid economic downturns. And industrial REITs appear to hold up better than the rest with total returns of 18 per cent in the first quarter. REITs have outperformed other assets like equities since the start of the year. The benchmark...
Industrial
The industrial property segment probably benefited more than the office and retail segments after investors were diverted to non-residential sales following the Government's measures to cool the housing market last year. A record 1,822 industrial units were transacted last year and the buying momentum continued into the first quarter of this year. The quarter saw 478 strata factory transactions, up about...
Continued rise in property demand and prices have raised concerns that another round of cooling measures may be on the cards. Some analysts said the focus to cool down the sector may turn to industrial properties this time. But some said such measures are unnecessary as there are ways to keep a lid on industrial property prices. Ease in obtaining mortgage loans at attractive interest rates is among the...
Prospects of higher investment yields are driving demand and prices of industrial properties. The robust economic growth since the rebound from the US debt crisis in 2008 has generated a lot more economic activity. This has boosted demand for industrial space in Singapore in the last two years. Latest URA data shows industrial property prices have bucked the general downtrend and grew by 7.2 per cent in...
The robust economic growth since the global financial crisis in 2008 has boosted demand for industrial space in Singapore in the last two years. Some analysts say the industrial property segment has been a star performer with capital values going up by an average of 23 per cent since 2010. And prospects of higher investment yields are driving demand and prices of industrial properties. Data released by...
Prices of industrial properties were up 7.3 per cent in the first quarter of 2012, compared with 3.8% in the previous quarter. Within this segment, property prices of multiple-user warehouse jumped 8.8 per cent, while property prices of multiple-user factory increased by 7.2 per cent. Rentals of multiple-user factory space rose by 1.3 per cent in the first quarter, higher than the 0.6 per cent in the...
JTC Corporation has put up an industrial site at Tai Seng Link for sale by public tender on Tuesday. The 0.43-hectare site has a lease of 30 years and a maximum permissible gross plot ratio of 2.5. It has been zoned for B2 clean and light development, JTC said. The Tai Seng Link site could potentially attract between eight and 17 bidders, said Nicholas Mak, executive director for Research &...
The Urban Redevelopment Authority (URA) launched on Thursday the industrial site at Kaki Bukit Road 5 for sale by public tender. This is the third site out of the 16 industrial sites to be released for sale under the Confirmed List of the First Half 2012 Industrial Government Land Sales Programme. The remaining 13 sites will be progressively released for sale in the first half of this year. The land...
Developers and property agents must not mislead buyers into mis-using industrial land for unauthorised commercial or office activities. In fact, they are required to inform prospective buyers upfront that industrial units can only be used for industrial activities. In a blog post on Friday, National Development Minister Khaw Boon Wan said some appear to be abusing the lower rentals at industrial premises...
The recently imposed Additional Buyer's Stamp Duty (ABSD) on certain categories of residential properties had some analysts predicting a spillover of demand to non-residential properties like industrial, retail or office strata units, but the situation might not be as straightforward as it seems. Industrial strata units have always been an alternative investment to residential properties given its...