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Home World Asia Pacific

Commentary: The tussle over retail rents in Singapore cannot go on like this

27 July 2025
in Asia Pacific
0
Commentary: The tussle over retail rents in Singapore cannot go on like this
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SINGAPORE: Rising rental costs are causing beloved small businesses like Flor Patisserie to close, igniting public sadness and anger. While retail rents appear stable according to the URA’s index, many landlords opt for prolonged vacancies over leasing to independents, raising concerns about the impact on community vibrancy and the unique character that small businesses provide.

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Tags: Commentarycommercial rentsRentalrentsRetailSingaporetussle
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