Retail Asia11/11/2016
1min
It is the highest vacancy level since 1Q11. Island-wide, overall vacancy for retail spaces rose 8.4% in 3Q16, recent figures from Urban Redevelopment Authority showed. According to CIMB, this has been the highest level since 1Q11. The brokerage firm noted that well-positioned malls integrated with major transport nodes will continue to withstand this waning demand […]