In the third quarter of 2023, the occupancy rate for industrial property in Singapore was at 88.9 percent, indicating a decrease compared to the previous year. Despite the ongoing COVID-19 pandemic, the fourth quarter of 2021 saw the highest rate since the third quarter of 2018.
Occupancy rate of industrial real estate in Singapore from 3rd quarter 2018 to 3rd quarter 2023
The source did not provide a date of publication. The date used is the date of last access.
Base Q4 2012 = 100.
According to the source, the statistics on occupied/vacant space and occupancy/vacancy rate of industrial space are based on physical occupation.
From Q2 2020, industrial premises were considered occupied even if on-site operations were halted due to official restrictions.
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Jurong Town Council. (November 20, 2023). Occupancy rate of industrial real estate in Singapore from 3rd quarter 2018 to 3rd quarter 2023 [Graph]. In Statista. Retrieved December 30, 2024, from https://www.statista.com/statistics/1275266/singapore-industrial-property-occupancy-rate/
Jurong Town Council. "Occupancy rate of industrial real estate in Singapore from 3rd quarter 2018 to 3rd quarter 2023." Chart. November 20, 2023. Statista. Accessed December 30, 2024. https://www.statista.com/statistics/1275266/singapore-industrial-property-occupancy-rate/
Jurong Town Council. (2023). Occupancy rate of industrial real estate in Singapore from 3rd quarter 2018 to 3rd quarter 2023. Statista. Statista Inc.. Accessed: December 30, 2024. https://www.statista.com/statistics/1275266/singapore-industrial-property-occupancy-rate/
Jurong Town Council. "Occupancy Rate of Industrial Real Estate in Singapore from 3rd Quarter 2018 to 3rd Quarter 2023." Statista, Statista Inc., 20 Nov 2023, https://www.statista.com/statistics/1275266/singapore-industrial-property-occupancy-rate/
Jurong Town Council, Occupancy rate of industrial real estate in Singapore from 3rd quarter 2018 to 3rd quarter 2023 Statista, https://www.statista.com/statistics/1275266/singapore-industrial-property-occupancy-rate/ (last visited December 30, 2024)
Occupancy rate of industrial real estate in Singapore from 3rd quarter 2018 to 3rd quarter 2023 [Graph], Jurong Town Council, November 20, 2023. [Online]. Available: https://www.statista.com/statistics/1275266/singapore-industrial-property-occupancy-rate/
