Prime logistics rent in Singapore rises 3.7% QoQ in Q1 | Real Estate Asia
, Singapore
Photo by Reproductive Health Supplies Coalition on Unsplash

Prime logistics rent in Singapore rises 3.7% QoQ in Q1

The segment recorded the strongest rental growth for the quarter.

With companies looking for storage space in modern ramp-up developments, prime logistics rent in Singapore saw strong rental growth in Q1.

CBRE data showed that rents from prime logistics rose 3.7% QoQ and 12.8% YoY.

CBRE expects rental performance for prime logistics to be “resilient and see further upside for the year,” given high occupancy and tight supply.

Apart from prime logistics, other industrial segments like warehouses and factories also saw increases in Q1, with rents rising 2.8% QoQ and 1.8% QoQ, respectively.

Overall, CBRE said the industrial market “continues to see broad-based growth across all segments.”

Follow the link for more news on

Join Real Estate Asia community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Top News

Sydney’s 2025 retail completions to be 33% higher than 2024 totals
A total of 22,500sqm of new retail space entered the market in Q3.In a recent report, JLL said new retail space totalling 22,500 sqm was added to Sydney’s stock in Q3, up from no completions the previous quarter.
Commercial Retail

Exclusives

Retailers expand amidst slow consumer spending
Shop owners are getting the best units in the most prime locations amidst thin supply. 
Rich Hong Kong families sell mansions at a loss to repay debt
A stuttering economy has driven some to offload their assets for as low as half the price.
Hong Kong builders pivot overseas amidst housing slump
Some are closing deals in Saudi Arabia, while others are turning to nearby Macau.