Prime retail rents to see further recovery in 2023, with Orchard Road leading the way
The Singapore retail market picked up in the latter half of 2022, presumably due to the relaxing of social distancing measures and the opening up of borders. According to statistics compiled by Knight Frank Research, prime retail rents island-wide were at an average of $26.10 psf per month in 4Q2022, growing by 2.6% for the […]