Singapore Industrial Property Market Tracker
The PropKaki Singapore Industrial Property Tracker follows prices, rents, stock and occupancy for Singapore's factories, business parks and warehouses using official JTC statistics, with price history back to 1975. It is completely free — no paywall, no account, no locked tier — and every figure on this page states the exact quarter it refers to.
Updated for the Q1 2026 data. JTC's next quarterly release is expected in July 2026; the tracker re-ingests the official datasets automatically every week. Source: JTC Corporation via SingStat and data.gov.sg.
The industrial market right now
Readings computed for Q1 2026, judged against their own 20-year range.
Latest quarter-on-quarter change in the JTC industrial price index.
Occupied industrial space as a share of island-wide stock, all space types, private and public sectors.
Latest quarter at a glance
| Metric | Latest | As of | QoQ | YoY |
|---|---|---|---|---|
| Industrial price index | 113.1 | Q1 2026 | +1.2% | +4.6% |
| Industrial rental index | 113.2 | Q1 2026 | +0.4% | +2.3% |
| Occupancy rate | 88.9% | Q1 2026 | +0.2% | −0.1% |
| Industrial stock ('000 sqm) | 54,403 | Q1 2026 | +0.2% | +1.6% |
| Vacant space ('000 sqm) | 6,054 | Q1 2026 | −1.3% | +2.6% |
How are Singapore industrial property prices moving?
As of Q1 2026, the JTC industrial property price index stands at 113.1, up 1.2% from the previous quarter and up 4.6% year-on-year, according to PropKaki's Singapore Industrial Property Tracker. The index is based at 100 in Q4 2012 and covers island-wide transactions of multiple-user and single-user factories.
The price series begins in 1975, making it the longest official record of Singapore industrial property prices — long enough to span every industrial cycle since Singapore's first industrialisation wave.
What are industrial rents doing?
The JTC industrial rental index reads 113.2 as of Q1 2026, up 0.4% quarter-on-quarter and up 2.3% over the past year, according to PropKaki's Singapore Industrial Property Tracker. The index covers island-wide rents for multiple-user and single-user factories, business parks and warehouses, measured from tenancy agreements stamped with IRAS — actual contracted rents, not asking rents.
How full is Singapore's industrial space?
Singapore's island-wide industrial occupancy rate is 88.9% as of Q1 2026, according to PropKaki's Singapore Industrial Property Tracker — occupied space divided by the 54,403 thousand square metres of available industrial stock across factories, business parks and warehouses, private and public sectors combined. The stock series reaches back to 1993.
Explore the data
Build your own chart from the tracker's series — the price and rental indices, occupancy rate and stock. Compare up to four indicators; the price index is preloaded.
Indices and percentages plot on the left axis; unit counts on the right. Source: URA via data.gov.sg.
Use this data
The tracker's full time series are available as free JSON, no key required — for example: api.propkaki.sg/api/market/series?vertical=industrial&keys=ipi_all,industrial_occupancy_rate&from=2016Q1. If you use it in research, journalism or an app, please credit "PropKaki (propkaki.sg)". A machine-readable index of this tracker also lives at propkaki.sg/llms.txt.
Methodology
All underlying figures are official JTC Corporation statistics — price indices from caveats lodged with the Singapore Land Authority, rental indices from tenancy agreements stamped with IRAS, and stock and occupancy from JTC's quarterly survey of all industrial properties — ingested automatically from the Department of Statistics' table service. PropKaki computes the occupancy rate (occupied space divided by available space, all four space types, private and public sectors combined) and the verdicts, which place each latest reading within that metric's own distribution over the past 20 years. The tracker adds no estimates or forecasts of its own.
Two transparency notes: JTC did not publish the index for Q4 2001 (a gap in the warehouse sub-index of that era), and the tracker reports the series as published rather than interpolating. JTC also reviewed and rebased its indices in 2014–2015, so pre-2014 values reflect the older Central-region-weighted methodology — the published series splices the two, and the tracker carries it exactly as the official source does. Every metric on this page carries its own "as of" quarter for the same reason: you should never have to guess how current a number is.
Frequently asked questions
What is the PropKaki Singapore Industrial Property Tracker?
The PropKaki Singapore Industrial Property Tracker is a free dashboard on propkaki.sg that follows Singapore's industrial property market — factories, business parks and warehouses — using official JTC statistics. It carries the industrial price index with history from 1975, the rental index from 1990, island-wide stock and occupancy from 1993, and price-momentum and occupancy readings judged against their own 20-year range.
Where does the tracker's data come from?
Every underlying figure comes from JTC Corporation, the government agency that oversees Singapore's industrial property market, published through the Singapore Department of Statistics and URA's joint quarterly real estate statistics. Price indices are compiled from caveats lodged with the Singapore Land Authority; rental indices from tenancy agreements stamped with IRAS; occupancy from JTC's quarterly survey of all industrial properties. PropKaki computes the occupancy rate and 20-year-range verdicts from those official figures and adds no estimates of its own.
How often is the tracker updated?
JTC publishes its quarterly industrial property market statistics in the month after each quarter ends, alongside URA's real estate release. The PropKaki tracker re-ingests the official datasets automatically every week, and every metric on the page displays the quarter it refers to.
What does the JTC industrial price index measure?
The JTC industrial property price index tracks how transacted prices of industrial space in Singapore change over time, using a quarterly index based at 100 in the fourth quarter of 2012. It covers island-wide transactions of multiple-user and single-user factories, and the series reaches back to 1975 — the longest official price record for Singapore industrial property.
What is the industrial occupancy rate in Singapore?
The tracker publishes Singapore's island-wide industrial occupancy rate each quarter, computed as occupied industrial floor space divided by available stock across factories, business parks and warehouses in both private and public sectors, using JTC's quarterly occupancy survey. The current rate, stamped with the quarter it refers to, appears in the occupancy section of this page.
What counts as industrial property in Singapore?
Singapore's industrial property statistics cover four space types: multiple-user factories (strata or rented units in shared industrial buildings), single-user factories (standalone facilities for one occupier), business parks (campus-style space for R&D and knowledge-intensive work), and warehouses. Shophouses converted to storage and transit storage within port areas are excluded from the official stock statistics.
Why does the industrial price index have a gap in late 2001?
JTC did not publish the warehouse price sub-index for the fourth quarter of 2001, and because the all-industrial index of that era was computed from sub-indices including warehouses, the headline index is also unavailable for that single quarter. The tracker reports the series exactly as published rather than interpolating the gap.
Is the PropKaki Singapore Industrial Property Tracker free?
Yes. The tracker is completely free on propkaki.sg — there is no paywall, no account requirement and no locked deeper tier. PropKaki is operated by Straits Intelligence Pte. Ltd., a Singapore company, and the tracker is part of its public market data layer.
The same engine powers free trackers for private residential, HDB resale, landed and commercial property — see the full tracker family.
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