MBS' luxury mall rings out 2018 with record revenue of US$179m
The Shoppes at integrated resort also maintained pole position in tourism shopping; top spenders from China, Indonesia, Malaysia, Vietnam
Singapore
THE cash registers rang loud and clear throughout 2018 at The Shoppes at Marina Bay Sands (MBS), with the luxury mall racking up its highest sales revenue in a calendar year since the integrated resort (IR) opened its doors nearly nine years ago.
The mall, which has an occupancy rate of 95.4 per cent, raked in a record revenue of US$179 million last year, up 7 per cent from 2017. Retail tenant sales went up by 19 per cent in 2018 to reach US$1,898 per square foot.
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