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Continued Momentum | Q2 2022 Industrial Market Report

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Colliers Research, Industrial, Industrial Rents, Industrial Investments

Read our latest report for insights into the industrial market, property trends and outlook, as well as expert recommendations for occupiers and investors in Singapore.

Report highlights:

  • The JTC all industrial property price and rental indices continued their seventh consecutive quarter of growth in Q2 2022. 

  • The rental index rose by 1.5% QoQ in Q2 2022 – the fastest quarterly pace of growth registered since Q3 2013. 

  • The price index rose by 1.5% QoQ during the quarter, easing from the previous quarter’s 3.1% QoQ growth. 

  • Islandwide vacancy declined to 10% from the previous quarter’s 10.2% due to higher demand for multiple-user factories and warehouses.

  • A higher average annual new supply of approximately 12.9 mil sq ft  coming onstream till 2025 (compared to 7.5 mil sq ft over the past three years) could potentially temper the growth for rents and price.


Download the report now for insights into quarterly trends and the industrial market outlook for the year ahead.  For more real estate research insights in Singapore, reach out to our expert, Catherine He.

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Colliers Research, Industrial, Industrial Rents, Industrial Investments

Continued Momentum | Q2 2022 Industrial Market Report

Download Report
Related Experts

Catherine He

Head of Research



Catherine started her career as an Investment Analyst at IFC, the investment arm of the World Bank group, where she participated in the screening, due diligence, financial modelling, and execution of debt and equity investments. She also managed a portfolio of investments through financial analysis and the preparation of quarterly and annual reports. After completing her MBA at INSEAD, she joined Standard Chartered Bank as a Management Associate before starting her own company in Real Estate valuation and forecasting using Machine Learning. Catherine then joined Colliers from CBRE Research. 

Catherine brings to Colliers more than 15 years of experience, primarily in real estate and investments. She has worked with market data and brokers to develop consolidated views of the real estate markets in Asia Pacific, with a focus on Singapore. She was responsible for producing key market and economic updates, forecasts, and thought-leadership papers,  contributing to business development initiatives, investment advisory proposals and client presentations.

In addition, she has drafted feasibility studies and investment recommendations for top clients which include major developers, REITs, financial institutions, family offices, and funds, as well as presented research findings in client meetings and events. As a real estate research specialist with extensive experience, she looks forward to maximising the potential of property through data driven insights. 


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Lynus Pook

Executive Director

Industrial Services


Based in Singapore, Lynus is tasked with identifying new business opportunities and developing relationships with data centre and industrial owners, occupiers, developers and investors as part of the regional industrial advisory strategy.

Lynus joins Colliers from Cushman & Wakefield, where he was Director of Data Centre & Real Estate Brokerage and spearheaded the company’s data centre operations in Singapore. With more than 12 years of real estate experience, he is a Certified Data Centre Specialist and has also managed transactions in the Technology & Telecommunication and Aviation sectors. Prior to joining Cushman & Wakefield, he also held roles at Credit Suisse Beijing and Savills Singapore.

Having joined the fastest growing real estate services company in the world, Lynus is incredibly excited to continue to build on the existing platforms of collaboration and strategy that have already been established and will look to further develop and provide market-leading solutions to accelerate the success of our clients in this dynamic sector.

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