The industrial market has made a fundamental stance this year after a sluggish period. Sales volume may just be fair in number, but it was quite impressive over the last five years. Total sales from industrial transactions in 2019 reached 353.64 hectares or almost 90% higher than that in 2018.
Logistics still continue to support the overall industrial market. There have been quite a few transactions from logistics and the warehouse sector, but smaller in the total volume since we had a huge chunk of industries (textile and petrochemical) that helped lift the overall performance. Interestingly, automotive-related industries became quite active in the year, whilst the food industry seemed positive and consistent for the last few years and most likely the years ahead.