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2020 property investment up even as retail consumption slides

Post-lockdown, well-heeled locals free to view new flats; retail sector still hurting without tourism dollar

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Nisha Ramchandani

Nisha Ramchandani

Published Sun, Jan 24, 2021 · 09:50 PM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    Revenge spending?

    Singapore

    NEW private homes were high on the shopping list for some in Singapore last year.

    But the same cannot be said for retail spending, which has not fully recovered given fewer tourists here to wine and dine, while snapping up cosmetics and other discretionary items.

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    Property developersProperty investmentSingapore propertyCovid-19

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