Industry space to cross 1 million sqm as factory stock expands
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The industrial space is projected to exceed 1 million sqm by 2026, with single-user factories constituting 53% of new supply. An additional 2.5 million sqm is expected by 2028, averaging 1.1 million sqm annually. Despite a slight decline in occupancy rates to 88.7% in Q4 2025, rental growth has slowed, with a 0.5% increase in Q4 2025 and 2.4% for the year, the slowest since 2021. The price index rose by 1.4% in Q4 2025 and 5% for the year, indicating a stable market barring economic downturns.
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Source: Singapore Business Review The copyright of this article belongs to the original author/organization.
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