“Some of these properties are due for a refresh and repositioning for occupiers in the post-pandemic period. The recent opening of RD American School in Changi Business Park brings a new type of tenant to the area. The campus features a flexible layout where open, reconfigurable areas foster activity and social interaction, rather than traditional classrooms,” Knight Frank says in a report released Oct 22.
Knight Frank says industrial real estate indicators were stable in 3Q2025 and are expected to remain so for the remainder of the year and into early 2026.
However, certain sub-sectors are weak. Business parks in the east and west regions have lower occupancy levels compared to those in the central area, Knight Frank points out.
