The large shopping centre format did not deliver optimum results in any of the analysed scenarios, indicating that the financial benefit from trading in this retail format type is not derived from the occupancy costs.
The Straits Times reports that the Government is looking into the social and economic value of HDB shops and the benefits they can bring to local communities. This is a topic of great interest to many of us. I downloaded the specifications of the study and we can start from there. Provision of Research Consultancy … Continue reading Deep Dive: The Role of HDB Shops in Singapore’s Retail Landscape