Shophouse rents hit new highs; elevated rates to hold up: Analysts
02:56 Min
Shophouse rents in the central region have hit new highs so far this year, outpacing rental growth in shopping malls. Industry players expect these high rents to hold up, especially as units that become vacant are quickly snapped up by new tenants, like smaller retailers and food and beverage firms. Nadirah Zaidi reports.
08 Sep 2024 11:10pm
Shophouse rents in the central region have hit new highs so far this year, outpacing rental growth in shopping malls. Industry players expect these high rents to hold up, especially as units that become vacant are quickly snapped up by new tenants, like smaller retailers and food and beverage firms. Nadirah Zaidi reports.
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