, Singapore
154 views

Frasers Property floats tenant support package across 14 malls

Measures include shorter working hours and free lunch-time parking.

Frasers Property Retail unveiled its tenant support package across its 14 malls in Singapore, which includes the Budget 2020’s 15% property tax rebate and allowing tenants to convert security deposits paid in cash to banker’s guarantees, an announcement revealed.

The firm also mentioned that their tenants may opt for shorter operating hours from 11am to 9pm. Frasers Property will roll out other initiatives such as daily complimentary lunch time parking between 12pm and 2pm, and 6pm and 10pm, and marketing initiatives targeted at both tenants and shoppers. These measures aim to increase shopper traffic and to help tenants increase sales.

In addition, tenants who wish to make use of available atrium spaces to increase sales can book them at reduced atrium rental rates. Marketing assistance will also be provided to select tenants to support their sales.

Malls that under Frasers Property’s tenant support package includes retail properties held under Frasers Centrepoint Trust, as well as retail properties managed by AsiaMalls Management. 

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Exclusives

ION Orchard marks 15 years as a premier retail destination
The mall is proactive in conducting surveys to identify trends and optimise its tenant mix.
Retail
ION Orchard leads charge in sustainable takeaway practices
 Shoppers will enjoy discounts when they opt for a reusable mug or food container from Muuse.