Industrial developments continued to see delays in the fourth quarter of last year, with available stock rising by 11,000 sq m, a sharp drop from the 228,000 sq m in the previous three months.

It is also a mere 1.5 per cent of the 736,000 sq m rise in total available stock for the whole of 2021, according to JTC’s quarterly market report released on Thursday (Jan 27).

While last year’s stock increase is more than double the 357,000 sq m in 2020, it is still less than the increase of 865,000 sq m in 2019 before the Covid-19 pandemic, JTC said.

Read more at: https://www.straitstimes.com/business/property/singapore-industrial-space-rents-prices-rise-in-q4-jtc