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NEWS UPDATES Asean Affairs    29  July  2016  

Quarterly industrial property prices, rentals fall; more supply coming onstream

SINGAPORE: Prices and rentals of industrial space continued to fall in the second quarter in tandem with occupancy, according to data released on Thursday (Jul 28) by JTC.

Prices fell by 2.3 per cent in the three months ended Mar 31 compared with the preceding quarter. On a year-on-year basis, prices fell by 6.5 per cent.

Rentals declined 1.7 per cent compared with the preceding quarter, and by 6.1 per cent compared with the previous year.

JTC said that in the second half of 2016, about 1.6 million sqm of industrial space is estimated to come on stream. This is higher than the average annual supply and demand over the past three years.

"This is likely to exert further downward pressure on occupancy rates, prices and rentals, translating to reduced business costs for industrialists," JTC said in its report.

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This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More






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