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Retail rents to remain flat this year; premium for prime Orchard space shrinks

Prime retail rents throughout Singapore have generally stabilised, as demand is offset by resistance to rent hikes

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The standstill in retail rents will likely continue into 2015, as positive interest from retail occupiers to set up shop or expand is matched by their equal resistance to rent increases in the challenging operating environment.

Singapore

THE standstill in retail rents will likely continue into 2015, as positive interest from retail occupiers to set up shop or expand is matched by their equal resistance to rent increases in the challenging operating environment.

Colliers is forecasting rental growth for

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