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Decline in retail rents accelerates in Q3

Nisha Ramchandani

Nisha Ramchandani

Published Fri, Oct 23, 2020 · 09:50 PM

    Singapore

    AS ECONOMIC headwinds prevail, rentals of retail space in Singapore's central region fell 4.5 per cent quarter-on-quarter to a new low in Q3, taking the decline to 10 per cent for the first nine months of the year.

    In the second quarter, rents had pulled back by 3.5 per cent.

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    RetailURASingapore propertyRents

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