Industrial property prices to moderate 10% by end-2014

Rentals also predicted to ease 7-10%.

According to Knight Frank, with the Seller’s Stamp Duty and Total Debt Servicing Ratio (TDSR) ruling, coupled with the high influx of upcoming supply, prices and rentals of industrial properties are currently experiencing downward pressures seen back in 2H 2013. Knight Frank foresees this trend to continue and forecast prices to moderate by 10 per cent and rentals to moderate by 7 to 10 per cent year-on-year by end-2014.

Here's more:

Knight Frank expects sales volume to remain relatively inert at least for the next two quarters this year. Logistics Segment Slated to See Higher Activity: Going forth, the future of logistics is likely to remain positive due to the upcoming Tuas Mega Port.

The new port is envisaged to handle future generations of container shipments, providing opportunities to introduce more complex technology and accommodate new industrial players to take up space in the Mega Port.