JTC data

August 22, 2008 | By Raymond Tan In Property |

According to the latest JTC data, the occupancy level for ready-built facilities (RBF) rose to a record 94.9% in Q2 2008. Out of this increase, a hefty 51% was contributed by the business park segment.

The biggest contribution has come from newly built spaces such as Fusionpolis. While stack-up factory space contributed 31% to RBF net allocation.

However demand for flatted factory space fell by 1% quarter-on-quarter (qoq) to 1.22 million sq m in Q2 2008 due to termination by the electronics sector.

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