Singapore prime retail rents are showing signs of holding up, although retailers are still cautious and uncertain about the pace of recovery. Most offices are still on a hybrid work setup so footfall in the Central Business District has yet to return to preCOVID levels.
According to Savills, the slow return of human traffic could also have contributed to some retail space being vacated, for example, The Assembly at Raffles City.
Here’s more from Savills:
Diese Geschichte stammt aus der Issue 100-Ausgabe von Singapore Business Review.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent ? Anmelden
Diese Geschichte stammt aus der Issue 100-Ausgabe von Singapore Business Review.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent? Anmelden
All you need is one 'hero' TikTok product
Brands can boost their gross merchandise value with just one best-selling SKU.
Retailers urged to adopt 2D barcodes
The machine-readable symbol gives consumers detailed product info at the point of sale
SingPost brings service closer to commuters
It plans to expand its service touch points.
Xiaohongshu, Taobao could help Singapore brands reach more Chinese clients
Retailers less familiar with the China market could start with Tmall and JD Worldwide.
Decathlon plans to be within 15 minutes of homes
The world's largest sporting goods retailer lets clients pick up online orders on the go.
Chinese fine dining finds its next course in Singapore
The city-state's high spending power and big Chinese commune make it an ideal entry point in the Southeast Asian market.
Hawker centres struggle to dish up meals even with foreign workers
A Singapore plan to allow certain foreigners to work as food assistants in the hawker trade may not translate into a large increase in applicants, given the back-breaking requirements of the job, according to policy experts.
10 best ways to invest in 2025
Analysts are not too worried about the impact of US tariffs.
OCBC triples quantum tech workforce to enhance cybersecurity measures
The Singapore bank expects significant tech advancements in the next five to 10 years.
K-pop craze may spur demand for Income Insurance's hourly travel cover
The Singaporean insurer is targeting spontaneous travellers who love concerts.
