Retail space prices dropped by 1.3% in Q2

Rentals also suffered from weakness and fell by 1.1%.

Retail properties continued to face challenges in Q2 as prices dipped by 1.3% compared to the 0.1% increase in Q1, the Urban Redevelopment Authority (URA) revealed. Rentals also suffered from weakness and fell by 1.1% compared to the increase of 0.1% in Q1.

As at the end of Q2, there was a total supply of 498,000 sqm gross floor area (GFA) of retail space from projects in the pipeline, 6.04% lower than 530,000 sqm GFA in the previous quarter.

The amount of occupied retail space increased by 21,000 sqm (nett), after remaining unchanged in the previous quarter. The stock of retail space grew 10,000 sqm (nett) from 11,000 sqm (nett) in Q1.

As a result, the island-wide vacancy rate of retail space dropped to 7.3% from 7.5% at the end of the previous quarter.

If you've been wondering whether SBR could work for your company — yes, probably.

A lot of the companies we partner with started as readers. They'd been following our coverage for a while, saw their own customers and competitors in it, and eventually asked the obvious question: could we do something with you? The answer is usually yes. The shape of it depends on what you're trying to do.

The options are broader than most people assume — thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. Some partners use one channel; most use a mix. We figure out the right combination by starting with your brief, not with our rate card.

So if the question has been on your mind, here's the easy way to ask it.

We'll tell you honestly whether we can help, and how. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia