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Old 30-10-2012, 09:36 AM
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Originally Posted by Unregistered View Post
did the govt clam down on industrial?
i thought all the cooling measures only for residential?
Yes, the clam down is even worse than residential. Now all leasehold industrial land max is 30 years and small units <1500 sqf permits very strict. Many small timers not interested because 30 yrs is just too short for collecting rent for retirement. Some small timers end up need to join other owners to sell off the space together to make it marketable, otherwise the units are too small to get good rent. All the good industrial projects are taken up by institutions and those left for the public are usually garbage.

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