Discover

Past industrial rental transactions for the past 10 years, but I only need the average values.

17 views
To obtain the average industrial rental values for the past 10 years in Singapore, you can refer to the historical data available on EdgeProp Singapore.
Here are some key points to consider:
- The JTC All Industrial Rental Index has been a reliable benchmark for industrial rental trends. Over the past 10 years, this index has shown significant fluctuations. Since the trough in Q3 2020, the index has increased by 23.7% as of Q1 2025.
- For a more detailed breakdown, industrial rents have generally been on an upward trend, albeit with some periods of slower growth. For example, in 3Q2024, industrial rents rose by 0.3%, which was the slowest growth since 4Q2021.
- Here is a rough outline of average rental values over the past decade:
- Pre-2020: Average industrial rents were around $2 to $3 per square foot per month.
- 2020-2022: Rents began to recover from the pandemic, averaging around $2.50 to $3.50 per square foot per month.
- 2023-2024: Rents continued to rise, averaging around $3 to $4 per square foot per month.
- 2025: As of Q1 2025, the average rent has been steadily increasing, with the JTC All Industrial Rental Index showing a 0.5% quarter-on-quarter increase.
For precise average values, you can use the Research tool on EdgeProp Singapore, which provides detailed data on past transactions and price trends for industrial properties. This tool will help you calculate the exact average rental values over the desired period.
Thank you for your query with EdgeProp Buddy. As a reminder, I'm in Beta mode and it's always wise to seek counsel from a real estate professional for these types of matters.