[Bigiron]

Soaring rental costs have pushed an average of 450 shops to close every month in the first 3 months of this year.

A group representing more than 700 companies in Singapore is calling for rental reforms: https://cna.asia/4dKLlmZ

[Wy:Nox]

Another new area of Mismanagement from the Govt with so many Ministers. Obviously, half of them are not working.

[Alice Alicia]

Greedy Pap cronies are the ones pushing up rent.

[Niubee]

CapitalLand, Frasers, SMRT controlled alot of retail properties.

My fren in SMRT doing vending machines space lease alone is alr almost 100m in revenue.

Sure make money for SMRT but cost for businesses are high !!

[Ola]

My same question, over- price every thinig for what??

Lie to say it is Demand > Supply for what?

More business and jobs are moving to Malaysia.

They have China people turning their economy around.

[talky]

Greedy Pap cronies are the ones pushing up rent.

remember pap mp wei kiat said spore pm nust be paid v v high so he can talk tall with other world leaders
deng saio peng is so much shorter n draw <50% of then spore pm salry but he carries more wt n more famous

[A2Z]

Once all shopping malls, industrial pty become REITs you no longer get anything cheap. As landlords they answer to shareholders so just keep increasing rent every year, shop tenants hv to take it or leave it. This is setback for REITs. Family offices and foreigners can buy non residental property that's why shop houses are sky high now. Too much success causing this backlash backstab ownself.