CNA938 Rewind - Flexibility the new currency as Singapore retailers opt for short-term leases

One in five retailers in Singapore is looking at short-term leases of less than a year and flexible store formats. That is about 10 per cent more than in 2024, according to the Singapore Retailers Association. Andrea Heng and Hairianto Diman find out why more retailers are turning to this short-term lease model and whether it will help revitalise Singapore’s physical retail space. For that, they speak with Kent Teo, Founder & CEO, Invade.