Local retail property market shows signs of emerging from a slump, but strong rebound not expected

URA's retail price and rental indices have entered positive territory for the first time in three years across all regions tracked

Sat, Apr 28, 2018 - 5:50 AM

Kalpana Rashiwalakalpana@sph.com.sg@KalpanaBT

Artist's impression of the new Funan mall.

PHOTO: CAPITALAND

Singapore

SINGAPORE'S retail property market could finally be emerging from the doldrums, following a three-year battle against disruption brought about by technology amid rising operational costs and weak consumer sentiment.

JLL noted the broad-based stabilisation in this market...

Urban Redevelopment Authority
retail rent

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Local retail property market shows signs of emerging from a slump, but strong rebound not expected

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