As this year's rainy season draws to a close, concerns over new floods have subsided. One common question in the industrial property sector now is whether the sale prices of factories, warehouses and land in industrial estates which were affected by the 2011 floods dropped significantly, and if they have recovered.
The answer may surprise many.
While the asking prices of these properties dropped significantly during and shortly after the 2011 floods, the actual sale prices have stayed unchanged to date.
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