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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

Artist's impression of the new Funan mall.


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...

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