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Singapore retail is now “a tenant’s market”, realtors warn in the wake of official data showing further decline in boath rental rates and occupancy levels. According to URA data out today (April 22), retail rents fell by 1.9 per cent in the first quarter of…
Vacancies at retail malls in the central region hit a five-year high in the first quarter of the year, driven largely by more vacant space in the Orchard sub-market. The rate went up from 8 per cent to 8.7 per cent, analysis from Colliers showed, the highest…
PRICES of retail space in Singapore continued to fall by 1.9 per cent in the first quarter of 2016, after declining 0.1 per cent in the previous quarter. Rentals of retail space also fell by 1.9 per cent in Q1, after declining 1.3 per cent in the previous…
Singapore retail rents are falling according to the latest figures from real-estate company DTZ Southeast Asia. Average monthly first-storey rent across the island eased by 1.2 per cent quarter-on-quarter to about S$30.15 (US$22.22) a sqft in the first…
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