Property Price Indices

The Housing and Development Board (HDB) compiles the Price Index of HDB Resale Flats, while the Urban Redevelopment Authority (URA) compiles the Private Residential Property Price Index and Commercial Property Price and Rental Indices. Since the fourth quarter of 2013, the Industrial Property Price Index, previously released by URA, has been compiled by the JTC Corporation. 

Business Park

Space for non-pollutive industries and businesses that engage in high-technology, research and development, high value-added and knowledge-intensive activities. Science parks where the primary activity is research and development are included in the Business Park category from 3rd Quarter 2002.

Warehouse

Covered space used or intended to be used predominantly as storage area for raw materials, semi-finished or finished goods. The statistics exclude space in shophouses used for storage.

Industrial Space 

Refers to space used or intended to be used for general industry, light industry, warehousing, storage or goods or foodstuff, freight and logistics operations, research and development activities or business park activities.  

Price Index 

A composite measure of the prices of items expressed relative to a defined base period.  

Price Index of Industrial Space 

The ratio of the current price per square metre compared to that in the 4th Quarter of 2012. It is used to monitor the price movement of industrial properties in Singapore. 

Multiple-User Factory 

A building that is capable of being strata subdivided and thus could be used by multiple users; and is used or intended to be used for industrial purposes, comprising buildings or part of the buildings used for the manufacturing, altering, repairing, ornamenting, finishing, cleaning, washing, packing, canning, breaking-up or demolition of any article or its parts and the processing and treatment of minerals.  

Single-User Factory 

A building that is intended for use by a single occupier; and is used or intended to be used for industrial purposes, comprising buildings or part of the buildings used for the manufacturing, altering, repairing, ornamenting, finishing, cleaning, washing, packing, canning, breaking-up or demolition of any article or its parts and the processing and treatment of minerals. No strata division is allowed for this form of industrial development.  

Rental Index

The ratio of the current rental per square metre per month compared with that in 4th Quarter 2012. It is used to monitor the general rental movement of private industrial properties in Singapore.