JieXin

Three Elements of Candlesticks: A. Bullish and Bearish candlesticks stand for overall trend; B. Body stands for internal energy; C. Shadow stands for turn.

Singapore's industrial sector posted weaker sales in Q2 2014, with only 354 caveats lodged for strata factories and warehouses, down 28.2 percent from the previous quarter and 63.3 percent down year-on-year, according to a Savills report. The report also noted that 60-year leasehold units sold more than twice the number of both freehold and 30-year leasehold units.  "This implies that there is g reater buying confidence in 60-year leasehold units as they are perceived to be more fairly priced," it said. In Q2, prices of 30-year leasehold upper-storey factory and warehouse units tracked by Savills fell 1.5 percent, while 60-year leasehold and freehold prices climbed 0.9 percent and 3.4 percent respectively. According to Savills, the current oversupply of 30-year leasehold units, which had negatively affected prices, is "exacerbated by the government's plan to release an average of around 5.4 million sq ft of multi-user factory space over the next three years."