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Singapore’s plant trade thrives but rising costs, market saturation threaten businesses

New crop of younger buyers boosts ‘boutique’ businesses while garden centres face more competition, tough retail climate

Ry-Anne Lim
Published Fri, Feb 7, 2025 · 03:00 PM
    • Singapore's plant industry seems to be thriving, but some businesses struggle amid inflationary pressures and rising costs.
    • There are 30 accredited nurseries in Singapore and hundreds more plant shops across the island.
    • Plants symbolising prosperity or good fortune, such as kumquat plants, are especially popular during Chinese New Year.
    • Far East Flora's assistant deputy group managing director Peter Cheok anticipates steady growth for the company despite current challenges, due to sustained consumer interest.
    • Darren Neo, founder and chief executive officer of Noah Garden Centre, says the company rakes in more than double its pre-pandemic levels today.
    • Vertical Green notes growing demand for plants from businesses and developers.
    • Singapore's plant industry seems to be thriving, but some businesses struggle amid inflationary pressures and rising costs. PHOTO: YEN MENG JIIN, BT
    • There are 30 accredited nurseries in Singapore and hundreds more plant shops across the island. PHOTO: YEN MENG JIIN, BT
    • Plants symbolising prosperity or good fortune, such as kumquat plants, are especially popular during Chinese New Year. PHOTO: BT FILE
    • Far East Flora's assistant deputy group managing director Peter Cheok anticipates steady growth for the company despite current challenges, due to sustained consumer interest. PHOTO: BT FILE
    • Darren Neo, founder and chief executive officer of Noah Garden Centre, says the company rakes in more than double its pre-pandemic levels today. PHOTO: ZINKIE AW, BT
    • Vertical Green notes growing demand for plants from businesses and developers. PHOTO: VERTICAL GREEN

    NESTLED in the heart of Jurong East is World Farm Nursery. Rows of plants stretch across 8,000 square metres of land, from potted succulents to houseplants with glossy green leaves. Various flowering plants in vivid reds, pinks and yellows are bursts of colour in the space.

    Though it is a weekday afternoon, the occasional shopper can be seen browsing the nursery, adding some activity to the otherwise peaceful setting.

    World Farm is one of 30 nurseries in Singapore that is accredited under the National Parks Board’s (NParks) Nursery Accreditation Scheme as at January this year. Launched in 2012, the scheme provides a benchmark for the operating standards of individual nurseries, with the long-term goal of developing and maintaining productive nurseries.

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