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Jewel, revamped Funan boost net absorption of retail space

Vacancy rates of retail space in Orchard still 'healthy'; market watchers say consumer spending remains cautious

Singapore

STRONG net absorption of retail space in the second quarter led to a one percentage point drop in the island-wide vacancy rate for retail space, but the outlook for this property segment remains weak.

Official data shows that the net absorption of retail space - as...

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