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Retail rents 'nearing bottom of downcycle'

Market watchers point to slower decline in annual rentals; URA figures show 4.7% drop for whole of 2017 against 8.3% in 2016

Singapore

PROPERTY consultants generally continued to be sanguine that rentals for retail space on the island will start stabilising this year.

The Urban Redevelopment Authority's rental index of retail space in the Central Region shed 0.5 per cent in the fourth quarter of last...

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