Some retailers cut losses or shut stores, as rental rates rebound to even higher -
Bigiron - 08-05-2022
Some retailers cut losses or shut stores, as rental rates rebound to even higher than pre-Covid
A managing director for clothing brand Decks, which runs stores such as Hang Ten and M)phosis, said that the company had to close an outlet in Clarke Quay Central last October because the rental fees were too high.
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https://tdy.sg/3vT9bbF
RE: Some retailers cut losses or shut stores, as rental rates rebound to even higher -
Hfourhappy - 08-05-2022
No pity on them.
If cant survive, shut it down.
RE: Some retailers cut losses or shut stores, as rental rates rebound to even higher -
winbig - 08-05-2022
All businesses should shut for a period of time and let the landlord feel the pain. Otherwise, landlords all thought money drop from the sky. Anyhow raise rental.
RE: Some retailers cut losses or shut stores, as rental rates rebound to even higher -
Ola - 08-05-2022
Under Far East Malls
Which also owns Orchard Central, Greenvich V, Junction 10
and 10 others all under Far East organisation
relatives of that old PAP Minister
RE: Some retailers cut losses or shut stores, as rental rates rebound to even higher -
Blasterlord2 - 08-05-2022
Landlords too greedy.
RE: Some retailers cut losses or shut stores, as rental rates rebound to even higher -
cheekopekman - 08-05-2022
(08-05-2022, 03:47 PM)Bigiron Wrote: Some retailers cut losses or shut stores, as rental rates rebound to even higher than pre-Covid
A managing director for clothing brand Decks, which runs stores such as Hang Ten and M)phosis, said that the company had to close an outlet in Clarke Quay Central last October because the rental fees were too high.
➡️ https://tdy.sg/3vT9bbF
Told you before you don't believe lah! Rentals kill all businesses lah!
RE: Some retailers cut losses or shut stores, as rental rates rebound to even higher -
Hfourhappy - 08-05-2022
(08-05-2022, 04:13 PM)Blasterlord2 Wrote: Landlords too greedy.
True....
Customer like upu and me suffer.
RE: Some retailers cut losses or shut stores, as rental rates rebound to even higher -
Ola - 08-05-2022
(08-05-2022, 04:20 PM)cheekopekman Wrote: Told you before you don't believe lah! Rentals kill all businesses lah!
Giordano shorts is $59.90 per piece
All retail stuff are expensive
to feed the landlords fat fat
RE: Some retailers cut losses or shut stores, as rental rates rebound to even higher -
Notdumb - 08-05-2022
(08-05-2022, 04:24 PM)Hfourhappy Wrote: True....
Customer like upu and me suffer.
Others said wat and u will go lick their arse. Didnt u said the retailers deserved it?
Farking hypocrite!
RE: Some retailers cut losses or shut stores, as rental rates rebound to even higher -
[[ForeverAlone]] - 08-05-2022
Those landlords in SG now have this SAME mindset, they don't bother you want to rent or not because to them SURELY got people want to rent even the price is high
RE: Some retailers cut losses or shut stores, as rental rates rebound to even higher -
cheekopekman - 08-05-2022
(08-05-2022, 04:25 PM)Ola Wrote: Giordano shorts is $59.90 per piece
All retail stuff are expensive
to feed the landlords fat fat
Just like renting a room in your flat lah! You will also rent high high mah!
RE: Some retailers cut losses or shut stores, as rental rates rebound to even higher -
Hfourhappy - 08-05-2022
See how landlord survive if one by one close shop.
RE: Some retailers cut losses or shut stores, as rental rates rebound to even higher -
jus4lucky - 08-05-2022
pap must set example, why our minister pay so high, it does't justify. and also the old one, still in office and drew salary for what. let them go. waste our resources.we already developed country and small city state, why made us pay high price for it.
RE: Some retailers cut losses or shut stores, as rental rates rebound to even higher -
Bigbluedot - 08-05-2022
for shops in mall, the landlord is public listed reits....
RE: Some retailers cut losses or shut stores, as rental rates rebound to even higher -
[[ForeverAlone]] - 08-05-2022
happen went to TPY central recently surprising that Bo si ni still around
RE: Some retailers cut losses or shut stores, as rental rates rebound to even higher -
Hfourhappy - 08-05-2022
(08-05-2022, 06:38 PM)[[ForeverAlone]] Wrote: happen went to TPY central recently surprising that Bo si ni still around
Their polo shirt nice.
RE: Some retailers cut losses or shut stores, as rental rates rebound to even higher -
Ola - 08-05-2022
(08-05-2022, 04:58 PM)cheekopekman Wrote: Just like renting a room in your flat lah! You will also rent high high mah!
Why rent room high?
Coz tenants may download many Netfliz drama or turn- on air-con 8 or 12 hrs / day
Not like Commercial tenants pay water, electricity . . .to PAP
RE: Some retailers cut losses or shut stores, as rental rates rebound to even higher -
Napoleon Porlumpar - 08-05-2022
(08-05-2022, 04:12 PM)Ola Wrote: Under Far East Malls
Which also owns Orchard Central, Greenvich V, Junction 10
and 10 others all under Far East organisation
relatives of that old PAP Minister
the PAP titan that kicked the bucket in 2015 ?