Industrial: prices, rentals, vacancy and supply
How have industrial prices, rents, vacancy and supply moved, and which types stand out?
Follows the JTC price and rent indices for industrial space, then vacancy and supply by type. Prices boomed from 2009 to 2012, fell 19.9% from 2014 Q2 to 2020 Q3 and passed the 2014 high in 2025 Q1. Business parks are the outlier, with vacancy far above the other types.
FreeKey figures
Industrial prices fell 19.9% from 2014 to 2020, then rose 31.7% to 2026 Q2
JTC via SingStat. Price index 4Q 2012 = 100, 1975 Q1 to 2026 Q2; vacancy from 2002 Q3; pipeline from 2013 Q4.
Source: JTC and URA via SingStat. Price falls and rises are the PropInsights calculation between turning points (price fall 2014 Q2 to 2020 Q3). Data to 2026 Q2.
Licence: green class (Singapore Open Data Licence).
View the data as a table
| Measure | Value | Note |
|---|---|---|
| Fall, 2014 Q2 to 2020 Q3 | -19.9% | price index |
| Rise, 2020 Q3 to 2026 Q2 | +31.7% | price index |
| Business park vacancy | 28.9% | peak 2010 Q4; avg 18.5% |
| Peak industrial pipeline | 6,948 | thousand sq m, 2014 Q2 |
FreeLine chart
Industrial prices and rents are at a record 113.8 after a 19.9% price fall in 2014 to 2020
JTC indices, all industrial space, 4Q 2012 = 100, plus multiple-user factory price. Method changed 2014 Q4; no price for 2001 Q4.
The price index peaked at 107.9 in 2014 Q2 and fell 19.9% to 86.4 in 2020 Q3. It passed its 2014 high in 2025 Q1.
Source: JTC via SingStat. Price index of industrial space (M212181) and rental index (M212171), all industrial; multiple-user factory price index. JTC changed its method on 4Q2014.. Data to 2026 Q2.
Licence: green class (Singapore Open Data Licence).
View the data as a table
| Period | Multi-user fact. | Price | Rent |
|---|---|---|---|
| 1990-Q1 | 31 | 31 | 62 |
| 1990-Q2 | 31 | 32 | 71 |
| 1990-Q3 | 35 | 36 | 76 |
| 1990-Q4 | 35 | 35 | 81 |
| 1991-Q1 | 36 | 35 | 80 |
| 1991-Q2 | 37 | 37 | 85 |
| 1991-Q3 | 37 | 37 | 86 |
| 1991-Q4 | 37 | 37 | 88 |
| 1992-Q1 | 37 | 37 | 87 |
| 1992-Q2 | 39 | 39 | 88 |
| 1992-Q3 | 41 | 42 | 91 |
| 1992-Q4 | 41 | 42 | 95 |
| 1993-Q1 | 41 | 41 | 91 |
| 1993-Q2 | 43 | 43 | 94 |
| 1993-Q3 | 43 | 43 | 94 |
| 1993-Q4 | 43 | 43 | 97 |
| 1994-Q1 | 46 | 45 | 93 |
| 1994-Q2 | 47 | 47 | 93 |
| 1994-Q3 | 51 | 51 | 95 |
| 1994-Q4 | 57 | 57 | 95 |
| 1995-Q1 | 61 | 61 | 103 |
| 1995-Q2 | 67 | 67 | 103 |
| 1995-Q3 | 71 | 71 | 106 |
| 1995-Q4 | 76 | 76 | 108 |
| 1996-Q1 | 81 | 82 | 109 |
| 1996-Q2 | 82 | 83 | 110 |
| 1996-Q3 | 84 | 85 | 106 |
| 1996-Q4 | 83 | 84 | 104 |
| 1997-Q1 | 88 | 88 | 101 |
| 1997-Q2 | 86 | 86 | 99 |
| 1997-Q3 | 81 | 81 | 99 |
| 1997-Q4 | 80 | 80 | 98 |
| 1998-Q1 | 76 | 75 | 95 |
| 1998-Q2 | 69 | 67 | 90 |
| 1998-Q3 | 59 | 58 | 81 |
| 1998-Q4 | 56 | 55 | 75 |
| 1999-Q1 | 54 | 53 | 70 |
| 1999-Q2 | 51 | 50 | 66 |
| 1999-Q3 | 48 | 48 | 63 |
| 1999-Q4 | 52 | 52 | 64 |
| 2000-Q1 | 53 | 53 | 64 |
| 2000-Q2 | 59 | 58 | 65 |
| 2000-Q3 | 59 | 59 | 65 |
| 2000-Q4 | 61 | 61 | 64 |
| 2001-Q1 | 61 | 61 | 63 |
| 2001-Q2 | 58 | 58 | 63 |
| 2001-Q3 | 55 | 55 | 62 |
| 2001-Q4 | 52 | 61 | |
| 2002-Q1 | 50 | 50 | 61 |
| 2002-Q2 | 48 | 49 | 60 |
| 2002-Q3 | 48 | 49 | 58 |
| 2002-Q4 | 47 | 47 | 57 |
| 2003-Q1 | 45 | 46 | 56 |
| 2003-Q2 | 44 | 45 | 55 |
| 2003-Q3 | 43 | 44 | 53 |
| 2003-Q4 | 43 | 43 | 52 |
| 2004-Q1 | 43 | 43 | 52 |
| 2004-Q2 | 43 | 43 | 52 |
| 2004-Q3 | 43 | 43 | 53 |
| 2004-Q4 | 43 | 43 | 53 |
| 2005-Q1 | 44 | 44 | 53 |
| 2005-Q2 | 44 | 44 | 54 |
| 2005-Q3 | 44 | 44 | 55 |
| 2005-Q4 | 44 | 44 | 56 |
| 2006-Q1 | 45 | 45 | 56 |
| 2006-Q2 | 45 | 45 | 56 |
| 2006-Q3 | 46 | 46 | 56 |
| 2006-Q4 | 47 | 47 | 58 |
| 2007-Q1 | 49 | 49 | 61 |
| 2007-Q2 | 53 | 53 | 66 |
| 2007-Q3 | 55 | 55 | 71 |
| 2007-Q4 | 58 | 58 | 77 |
| 2008-Q1 | 61 | 60 | 81 |
| 2008-Q2 | 63 | 63 | 83 |
| 2008-Q3 | 64 | 63 | 83 |
| 2008-Q4 | 60 | 59 | 80 |
| 2009-Q1 | 54 | 53 | 76 |
| 2009-Q2 | 51 | 51 | 71 |
| 2009-Q3 | 50 | 50 | 69 |
| 2009-Q4 | 51 | 51 | 69 |
| 2010-Q1 | 52 | 51 | 71 |
| 2010-Q2 | 55 | 54 | 71 |
| 2010-Q3 | 60 | 59 | 75 |
| 2010-Q4 | 63 | 63 | 79 |
| 2011-Q1 | 69 | 68 | 84 |
| 2011-Q2 | 73 | 71 | 88 |
| 2011-Q3 | 77 | 76 | 90 |
| 2011-Q4 | 80 | 80 | 91 |
| 2012-Q1 | 86 | 85 | 93 |
| 2012-Q2 | 93 | 93 | 95 |
| 2012-Q3 | 103 | 101 | 96 |
| 2012-Q4 | 100 | 100 | 100 |
| 2013-Q1 | 103 | 105 | 100 |
| 2013-Q2 | 104 | 104 | 100 |
| 2013-Q3 | 104 | 107 | 105 |
| 2013-Q4 | 103 | 103 | 105 |
| 2014-Q1 | 107 | 107 | 105 |
| 2014-Q2 | 110 | 108 | 105 |
| 2014-Q3 | 108 | 107 | 103 |
| 2014-Q4 | 108 | 107 | 103 |
| 2015-Q1 | 108 | 108 | 103 |
| 2015-Q2 | 107 | 107 | 103 |
| 2015-Q3 | 107 | 107 | 102 |
| 2015-Q4 | 106 | 105 | 101 |
| 2016-Q1 | 104 | 102 | 98 |
| 2016-Q2 | 102 | 100 | 96 |
| 2016-Q3 | 101 | 98 | 94 |
| 2016-Q4 | 99 | 95 | 94 |
| 2017-Q1 | 97 | 93 | 93 |
| 2017-Q2 | 95 | 92 | 92 |
| 2017-Q3 | 95 | 91 | 91 |
| 2017-Q4 | 94 | 90 | 91 |
| 2018-Q1 | 94 | 90 | 91 |
| 2018-Q2 | 94 | 90 | 91 |
| 2018-Q3 | 94 | 90 | 91 |
| 2018-Q4 | 94 | 90 | 91 |
| 2019-Q1 | 94 | 90 | 91 |
| 2019-Q2 | 93 | 90 | 91 |
| 2019-Q3 | 93 | 90 | 91 |
| 2019-Q4 | 93 | 90 | 91 |
| 2020-Q1 | 93 | 89 | 91 |
| 2020-Q2 | 91 | 88 | 90 |
| 2020-Q3 | 89 | 86 | 90 |
| 2020-Q4 | 90 | 87 | 90 |
| 2021-Q1 | 91 | 88 | 90 |
| 2021-Q2 | 93 | 90 | 91 |
| 2021-Q3 | 93 | 90 | 91 |
| 2021-Q4 | 94 | 91 | 91 |
| 2022-Q1 | 96 | 93 | 92 |
| 2022-Q2 | 98 | 94 | 94 |
| 2022-Q3 | 100 | 96 | 96 |
| 2022-Q4 | 102 | 98 | 98 |
| 2023-Q1 | 104 | 99 | 100 |
| 2023-Q2 | 106 | 101 | 103 |
| 2023-Q3 | 107 | 102 | 105 |
| 2023-Q4 | 109 | 103 | 106 |
| 2024-Q1 | 109 | 103 | 108 |
| 2024-Q2 | 111 | 104 | 109 |
| 2024-Q3 | 112 | 104 | 110 |
| 2024-Q4 | 114 | 107 | 110 |
| 2025-Q1 | 116 | 108 | 111 |
| 2025-Q2 | 118 | 110 | 112 |
| 2025-Q3 | 118 | 110 | 112 |
| 2025-Q4 | 120 | 112 | 113 |
| 2026-Q1 | 123 | 113 | 113 |
| 2026-Q2 | 123 | 114 | 114 |
FreeTimeline
Industrial prices rose 117.5% from 2009 to 2014, fell 19.9%, then rose 31.7%
Green bars rise, red bars fall. Change is between turning points (quarters). Pipeline data start 2013 Q4.
Source: JTC via SingStat. 1990 to 2026 Q2. JTC price and rent indices and pipeline. Turning points are the PropInsights calculation from quarterly data..
View the data as a table
| Event | Start | End | Note |
|---|---|---|---|
| Prices up | 1990-01-01 | 1997-01-01 | +186.0% |
| Prices down | 1997-01-01 | 2003-10-01 | -51.3% |
| Prices up | 2003-10-01 | 2008-07-01 | +47.7% |
| Prices down | 2008-07-01 | 2009-07-01 | -21.5% |
| Prices up | 2009-07-01 | 2014-04-01 | +117.5% |
| Prices down | 2014-04-01 | 2020-07-01 | -19.9% |
| Prices up | 2020-07-01 | 2026-04-01 | +31.7% |
| Rents down | 2014-01-01 | 2020-07-01 | -15.0% |
| Rents up | 2020-07-01 | 2026-04-01 | +27.2% |
| Pipeline down (thousand sq m) | 2014-04-01 | 2023-07-01 | 6,948 to 3,495 |
| Pipeline up (thousand sq m) | 2023-07-01 | 2026-04-01 | 3,495 to 4,658 |
| Prices pass the 1997 peak | 2012-04-01 | 92.5 against 87.8 | |
| Business park vacancy peak | 2010-10-01 | 28.9% | |
| JTC changes its method | 2014-10-01 | ||
| Prices pass the 2014 high | 2025-01-01 | 108.1 |
FreeFlowchart
JTC tracks four types of industrial space, but prices for only two
Which index JTC publishes for each type
Source: JTC. JTC review of its price and rental indices (22 Jan 2015) and JTC J-SPACE glossary..
View the data as a table
| Step | Detail | Leads to |
|---|---|---|
| Industrial space | JTC groups it in four types | Multi-user factory; Single-user factory; Warehouse; Business park |
| Multi-user factory | Building that can be. strata-split for several. occupants. Price index: yes. Rent index: yes | |
| Single-user factory | Usually built for one. firm for its own use. Price index: yes. Rent index: yes | |
| Warehouse | Price index: stopped. (too few sales). Rent index: yes | |
| Business park | Price index: none. Rent index: yes |
FreeLine chart
Business parks are 19.7% vacant, against 7.6% to 9.2% for other industrial space
Vacancy rate of private industrial space by type, per cent. Business parks from 2002 Q3. URA and JTC via SingStat.
Business park vacancy peaked at 28.9% in 2010 Q4. Since 2013 it has stayed between 12.6% and 22.5%.
Source: URA and JTC via SingStat. Private industrial space vacant divided by available, by type, 1988 Q1 to 2026 Q2 (business parks from 2002 Q3). Data to 2026 Q2.
Licence: green class (Singapore Open Data Licence).
View the data as a table
| Period | Business park | Multi-user fact. | Warehouse | Single-user fact. |
|---|---|---|---|---|
| 1988-Q1 | 9.4% | 7.1% | 6.2% | |
| 1988-Q2 | 10.0% | 5.8% | 5.1% | |
| 1988-Q3 | 9.2% | 4.9% | 5.2% | |
| 1988-Q4 | 12.0% | 4.8% | 5.9% | |
| 1989-Q1 | 11.2% | 4.2% | 5.3% | |
| 1989-Q2 | 11.0% | 4.0% | 5.0% | |
| 1989-Q3 | 11.1% | 3.7% | 5.2% | |
| 1989-Q4 | 9.6% | 4.0% | 5.3% | |
| 1990-Q1 | 9.5% | 3.9% | 5.0% | |
| 1990-Q2 | 8.9% | 7.1% | 4.6% | |
| 1990-Q3 | 9.1% | 5.4% | 4.0% | |
| 1990-Q4 | 7.8% | 5.2% | 3.3% | |
| 1991-Q1 | 7.6% | 5.1% | 3.3% | |
| 1991-Q2 | 7.2% | 5.7% | 3.2% | |
| 1991-Q3 | 7.4% | 5.9% | 3.3% | |
| 1991-Q4 | 5.2% | 5.9% | 2.6% | |
| 1992-Q1 | 5.8% | 5.8% | 2.4% | |
| 1992-Q2 | 6.4% | 6.1% | 2.7% | |
| 1992-Q3 | 6.4% | 5.9% | 2.8% | |
| 1992-Q4 | 6.2% | 6.0% | 2.6% | |
| 1993-Q1 | 6.1% | 5.8% | 2.5% | |
| 1993-Q2 | 5.8% | 6.0% | 2.2% | |
| 1993-Q3 | 5.5% | 6.0% | 2.4% | |
| 1993-Q4 | 5.0% | 5.8% | 2.3% | |
| 1994-Q1 | 4.9% | 6.6% | 2.3% | |
| 1994-Q2 | 6.0% | 6.1% | 2.2% | |
| 1994-Q3 | 5.4% | 5.7% | 2.1% | |
| 1994-Q4 | 5.4% | 5.7% | 2.4% | |
| 1995-Q1 | 6.1% | 7.0% | 1.8% | |
| 1995-Q2 | 6.4% | 6.2% | 2.6% | |
| 1995-Q3 | 6.1% | 5.2% | 1.9% | |
| 1995-Q4 | 5.6% | 4.8% | 1.7% | |
| 1996-Q1 | 5.5% | 5.4% | 1.9% | |
| 1996-Q2 | 5.3% | 6.0% | 2.0% | |
| 1996-Q3 | 6.6% | 5.5% | 2.3% | |
| 1996-Q4 | 7.0% | 7.1% | 2.3% | |
| 1997-Q1 | 8.1% | 7.8% | 3.0% | |
| 1997-Q2 | 7.9% | 7.5% | 3.7% | |
| 1997-Q3 | 7.9% | 7.9% | 5.0% | |
| 1997-Q4 | 9.1% | 8.8% | 6.1% | |
| 1998-Q1 | 11.2% | 9.3% | 7.0% | |
| 1998-Q2 | 12.2% | 11.6% | 7.3% | |
| 1998-Q3 | 13.4% | 13.5% | 8.5% | |
| 1998-Q4 | 14.6% | 13.0% | 8.4% | |
| 1999-Q1 | 13.5% | 13.7% | 8.0% | |
| 1999-Q2 | 13.1% | 14.8% | 8.0% | |
| 1999-Q3 | 12.2% | 14.5% | 7.8% | |
| 1999-Q4 | 14.5% | 12.8% | 7.5% | |
| 2000-Q1 | 13.6% | 13.0% | 7.4% | |
| 2000-Q2 | 13.2% | 12.9% | 6.6% | |
| 2000-Q3 | 12.0% | 12.4% | 6.7% | |
| 2000-Q4 | 10.6% | 11.9% | 6.4% | |
| 2001-Q1 | 10.7% | 12.1% | 6.5% | |
| 2001-Q2 | 12.5% | 11.1% | 6.9% | |
| 2001-Q3 | 13.3% | 10.1% | 7.0% | |
| 2001-Q4 | 13.2% | 12.0% | 6.9% | |
| 2002-Q1 | 15.2% | 12.5% | 7.8% | |
| 2002-Q2 | 16.1% | 13.1% | 8.8% | |
| 2002-Q3 | 19.1% | 17.3% | 13.1% | 9.0% |
| 2002-Q4 | 19.5% | 20.5% | 13.8% | 9.3% |
| 2003-Q1 | 22.2% | 20.0% | 14.4% | 9.6% |
| 2003-Q2 | 23.2% | 19.8% | 15.3% | 9.9% |
| 2003-Q3 | 24.8% | 19.8% | 15.1% | 9.4% |
| 2003-Q4 | 25.4% | 19.0% | 15.0% | 9.2% |
| 2004-Q1 | 25.6% | 19.1% | 15.1% | 8.8% |
| 2004-Q2 | 28.2% | 18.3% | 14.9% | 8.4% |
| 2004-Q3 | 26.5% | 19.6% | 14.1% | 8.7% |
| 2004-Q4 | 26.6% | 18.8% | 13.9% | 8.3% |
| 2005-Q1 | 25.8% | 18.1% | 13.7% | 8.0% |
| 2005-Q2 | 23.9% | 17.5% | 12.4% | 7.9% |
| 2005-Q3 | 20.7% | 16.6% | 12.0% | 8.0% |
| 2005-Q4 | 19.3% | 15.7% | 12.9% | 7.7% |
| 2006-Q1 | 18.0% | 16.0% | 14.1% | 7.8% |
| 2006-Q2 | 17.6% | 14.7% | 12.9% | 7.4% |
| 2006-Q3 | 18.5% | 13.4% | 12.1% | 7.3% |
| 2006-Q4 | 18.5% | 13.9% | 11.2% | 7.3% |
| 2007-Q1 | 17.4% | 15.5% | 11.2% | 6.9% |
| 2007-Q2 | 22.9% | 15.1% | 10.9% | 6.6% |
| 2007-Q3 | 16.9% | 14.7% | 9.8% | 6.4% |
| 2007-Q4 | 13.1% | 14.1% | 8.6% | 6.9% |
| 2008-Q1 | 9.5% | 11.2% | 8.5% | 7.1% |
| 2008-Q2 | 7.5% | 10.4% | 8.0% | 6.6% |
| 2008-Q3 | 6.8% | 10.0% | 7.2% | 6.5% |
| 2008-Q4 | 6.9% | 10.2% | 7.3% | 6.5% |
| 2009-Q1 | 11.4% | 11.8% | 7.0% | 6.6% |
| 2009-Q2 | 10.9% | 14.5% | 9.1% | 6.7% |
| 2009-Q3 | 18.9% | 14.8% | 8.2% | 6.6% |
| 2009-Q4 | 23.0% | 14.0% | 10.1% | 6.8% |
| 2010-Q1 | 22.7% | 14.1% | 9.9% | 6.1% |
| 2010-Q2 | 28.6% | 12.6% | 8.3% | 5.8% |
| 2010-Q3 | 27.9% | 13.2% | 8.8% | 5.5% |
| 2010-Q4 | 28.9% | 12.3% | 8.6% | 5.4% |
| 2011-Q1 | 25.9% | 12.0% | 7.2% | 5.1% |
| 2011-Q2 | 22.5% | 11.2% | 7.8% | 5.9% |
| 2011-Q3 | 21.3% | 10.9% | 6.5% | 5.7% |
| 2011-Q4 | 20.0% | 10.6% | 5.7% | 5.5% |
| 2012-Q1 | 18.8% | 9.7% | 5.3% | 5.8% |
| 2012-Q2 | 19.7% | 10.5% | 5.6% | 5.6% |
| 2012-Q3 | 19.2% | 10.0% | 5.7% | 5.7% |
| 2012-Q4 | 21.8% | 10.9% | 7.1% | 5.3% |
| 2013-Q1 | 19.5% | 10.9% | 7.2% | 5.5% |
| 2013-Q2 | 21.7% | 10.9% | 7.3% | 6.5% |
| 2013-Q3 | 21.7% | 11.3% | 6.8% | 6.1% |
| 2013-Q4 | 17.9% | 12.9% | 9.2% | 6.2% |
| 2014-Q1 | 18.2% | 13.1% | 9.0% | 6.7% |
| 2014-Q2 | 16.1% | 14.2% | 11.6% | 7.1% |
| 2014-Q3 | 14.6% | 14.6% | 9.6% | 7.3% |
| 2014-Q4 | 18.9% | 14.0% | 8.2% | 7.5% |
| 2015-Q1 | 14.8% | 13.4% | 10.1% | 7.5% |
| 2015-Q2 | 13.9% | 13.6% | 8.4% | 7.7% |
| 2015-Q3 | 15.7% | 13.8% | 7.5% | 8.3% |
| 2015-Q4 | 16.3% | 13.7% | 8.6% | 8.1% |
| 2016-Q1 | 19.8% | 13.6% | 9.6% | 8.6% |
| 2016-Q2 | 21.5% | 14.1% | 11.0% | 9.2% |
| 2016-Q3 | 21.0% | 13.8% | 10.5% | 10.1% |
| 2016-Q4 | 18.7% | 13.1% | 10.3% | 9.6% |
| 2017-Q1 | 17.5% | 13.1% | 10.1% | 9.9% |
| 2017-Q2 | 15.5% | 13.6% | 11.9% | 10.3% |
| 2017-Q3 | 15.1% | 12.9% | 12.5% | 10.4% |
| 2017-Q4 | 14.3% | 12.3% | 10.9% | 10.4% |
| 2018-Q1 | 15.3% | 12.5% | 11.2% | 9.4% |
| 2018-Q2 | 15.6% | 13.2% | 11.6% | 9.5% |
| 2018-Q3 | 14.2% | 13.9% | 10.7% | 8.7% |
| 2018-Q4 | 15.4% | 12.6% | 10.6% | 8.6% |
| 2019-Q1 | 14.6% | 12.2% | 11.0% | 8.2% |
| 2019-Q2 | 14.1% | 11.3% | 11.4% | 8.2% |
| 2019-Q3 | 13.9% | 11.2% | 11.9% | 7.9% |
| 2019-Q4 | 13.9% | 10.7% | 12.0% | 8.2% |
| 2020-Q1 | 14.2% | 10.3% | 12.5% | 8.4% |
| 2020-Q2 | 14.8% | 10.3% | 11.7% | 7.9% |
| 2020-Q3 | 14.6% | 9.9% | 10.8% | 7.9% |
| 2020-Q4 | 14.2% | 9.3% | 10.0% | 7.8% |
| 2021-Q1 | 15.0% | 9.1% | 10.0% | 7.8% |
| 2021-Q2 | 15.3% | 8.9% | 8.9% | 7.8% |
| 2021-Q3 | 14.8% | 8.5% | 8.8% | 7.9% |
| 2021-Q4 | 13.8% | 8.3% | 8.9% | 7.7% |
| 2022-Q1 | 12.6% | 8.2% | 9.1% | 7.6% |
| 2022-Q2 | 13.1% | 6.8% | 8.6% | 7.8% |
| 2022-Q3 | 13.1% | 6.9% | 8.6% | 8.2% |
| 2022-Q4 | 16.4% | 7.0% | 7.8% | 8.8% |
| 2023-Q1 | 17.8% | 8.1% | 9.2% | 9.1% |
| 2023-Q2 | 18.7% | 7.7% | 8.5% | 9.1% |
| 2023-Q3 | 18.8% | 8.5% | 8.1% | 9.5% |
| 2023-Q4 | 21.3% | 7.8% | 8.1% | 9.8% |
| 2024-Q1 | 21.8% | 8.0% | 8.7% | 9.8% |
| 2024-Q2 | 21.6% | 7.7% | 8.5% | 9.4% |
| 2024-Q3 | 20.5% | 7.6% | 8.7% | 9.6% |
| 2024-Q4 | 20.1% | 7.7% | 8.4% | 10.1% |
| 2025-Q1 | 22.5% | 7.4% | 9.1% | 9.9% |
| 2025-Q2 | 22.1% | 7.2% | 10.2% | 8.8% |
| 2025-Q3 | 21.3% | 7.1% | 9.3% | 8.5% |
| 2025-Q4 | 21.0% | 8.0% | 9.0% | 8.8% |
| 2026-Q1 | 21.1% | 8.0% | 9.5% | 8.6% |
| 2026-Q2 | 19.7% | 7.6% | 9.2% | 8.5% |
FreeStacked columns
The industrial pipeline is 4.7 million sq m, 33% below its 2014 peak
Industrial space under construction and planned, by type, thousand sq m gross. JTC via SingStat, 2013 Q4 to 2026 Q2.
Source: JTC and URA via SingStat. Total pipeline (under construction and planned) by type. Data to 2026 Q2.
Licence: green class (Singapore Open Data Licence).
View the data as a table
| Period | Multi-user factory | Single-user factory | Warehouse | Business park | Total |
|---|---|---|---|---|---|
| 2013-Q4 | 2,230 | 2,299 | 1,589 | 624 | 6,742 |
| 2014-Q1 | 2,268 | 2,352 | 1,632 | 576 | 6,828 |
| 2014-Q2 | 2,360 | 2,435 | 1,541 | 612 | 6,948 |
| 2014-Q3 | 2,103 | 2,335 | 1,622 | 597 | 6,657 |
| 2014-Q4 | 1,938 | 2,294 | 1,377 | 398 | 6,007 |
| 2015-Q1 | 2,258 | 2,311 | 1,601 | 374 | 6,544 |
| 2015-Q2 | 2,111 | 2,442 | 1,463 | 348 | 6,364 |
| 2015-Q3 | 1,990 | 2,237 | 1,654 | 288 | 6,169 |
| 2015-Q4 | 1,951 | 2,106 | 1,589 | 191 | 5,837 |
| 2016-Q1 | 1,802 | 2,282 | 1,432 | 156 | 5,672 |
| 2016-Q2 | 1,690 | 2,231 | 1,303 | 44 | 5,268 |
| 2016-Q3 | 1,605 | 1,876 | 1,318 | 44 | 4,843 |
| 2016-Q4 | 1,497 | 1,724 | 1,144 | 29 | 4,394 |
| 2017-Q1 | 1,375 | 1,715 | 1,176 | 75 | 4,341 |
| 2017-Q2 | 1,341 | 1,627 | 845 | 129 | 3,942 |
| 2017-Q3 | 1,497 | 1,689 | 917 | 214 | 4,317 |
| 2017-Q4 | 1,337 | 1,523 | 741 | 212 | 3,813 |
| 2018-Q1 | 1,460 | 1,846 | 852 | 376 | 4,534 |
| 2018-Q2 | 1,360 | 2,110 | 699 | 317 | 4,486 |
| 2018-Q3 | 1,513 | 2,307 | 677 | 317 | 4,814 |
| 2018-Q4 | 1,700 | 2,215 | 627 | 266 | 4,808 |
| 2019-Q1 | 1,711 | 2,119 | 645 | 374 | 4,849 |
| 2019-Q2 | 1,728 | 2,006 | 648 | 374 | 4,756 |
| 2019-Q3 | 1,718 | 1,848 | 739 | 373 | 4,678 |
| 2019-Q4 | 1,803 | 1,893 | 746 | 452 | 4,894 |
| 2020-Q1 | 1,754 | 1,974 | 802 | 496 | 5,026 |
| 2020-Q2 | 1,650 | 2,014 | 820 | 508 | 4,992 |
| 2020-Q3 | 1,634 | 1,998 | 878 | 487 | 4,997 |
| 2020-Q4 | 1,651 | 2,014 | 944 | 606 | 5,215 |
| 2021-Q1 | 1,613 | 2,084 | 919 | 597 | 5,213 |
| 2021-Q2 | 1,561 | 2,066 | 816 | 567 | 5,010 |
| 2021-Q3 | 1,449 | 2,001 | 746 | 495 | 4,691 |
| 2021-Q4 | 1,450 | 1,998 | 786 | 503 | 4,737 |
| 2022-Q1 | 1,141 | 2,057 | 769 | 503 | 4,470 |
| 2022-Q2 | 992 | 2,271 | 710 | 477 | 4,450 |
| 2022-Q3 | 899 | 2,268 | 697 | 477 | 4,341 |
| 2022-Q4 | 790 | 2,053 | 728 | 465 | 4,036 |
| 2023-Q1 | 579 | 1,887 | 618 | 447 | 3,531 |
| 2023-Q2 | 766 | 1,795 | 631 | 420 | 3,612 |
| 2023-Q3 | 672 | 1,527 | 885 | 411 | 3,495 |
| 2023-Q4 | 833 | 1,484 | 903 | 347 | 3,567 |
| 2024-Q1 | 854 | 1,731 | 1,016 | 371 | 3,972 |
| 2024-Q2 | 918 | 1,947 | 1,154 | 371 | 4,390 |
| 2024-Q3 | 861 | 2,034 | 1,179 | 337 | 4,411 |
| 2024-Q4 | 1,017 | 1,726 | 1,183 | 258 | 4,184 |
| 2025-Q1 | 1,079 | 1,735 | 1,052 | 98 | 3,964 |
| 2025-Q2 | 1,003 | 2,183 | 814 | 25 | 4,025 |
| 2025-Q3 | 1,022 | 2,251 | 966 | 25 | 4,264 |
| 2025-Q4 | 1,057 | 2,367 | 923 | 25 | 4,372 |
| 2026-Q1 | 1,040 | 2,323 | 883 | 25 | 4,271 |
| 2026-Q2 | 1,020 | 2,763 | 875 | 1 | 4,659 |