Tag Archives: Orchard Road

Can revamped Shaw Centre bring buzz back to Scotts Road?

Twenty months and S$80 million later, Shaw Centre is all decked out in time to welcome shoppers this festive season. The 42-year-old mall was given a facelift to improve its appeal and pull in a younger crowd, and property consultancy … Continue reading

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Orchard Road shopping malls face challenges in en bloc sale

Tanglin Shopping Centre is trying for an en bloc sale for the second time. It failed to find a buyer on its first attempt last year at a reserve price of S$1.25 billion. In fact, there has never been a … Continue reading

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Orchard Road: 25th most expensive retail street globally

Singapore’s famed shopping street, Orchard Road, has been ranked 25th most expensive in the world this year. With rents of retail space averaging at S$462.43 per sq ft a year, this is a notch up from last year against 129 … Continue reading

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Orchard Road prime rents on the rebound

Prime rents in Orchard Road have rebounded for the first time in nearly three years. That is according to a study by real estate consultancy CB Richard Ellis. Rents rose 5 per cent from the second quarter of 2011, to … Continue reading

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Orchard Road rents move up a spot in global ranking

Orchard Road has moved up one place in the global ranking of rents because of the strong Singapore dollar. It moved up a notch to 26th place in the Global Retail Survey 2011 carried out by Colliers International. However, Orchard … Continue reading

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Orchard retail space oversupply?

A number of shopping malls opened in Orchard Road in the last two years, increasing the prime shopping belt’s retail space by about 30 per cent, but not everyone at these new spaces has been doing well. Only last week, … Continue reading

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Orchard road malls going for frequent facelifts

Shopping malls along Orchard Road are going for facelifts even though they are relatively new, due to rising competition from brand-new shopping centres – which are forcing the existing ones to spruce up their act. Instead of refurbishing a shopping … Continue reading

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Orchard Road gears up for 2011

Analysts say malls across Singapore will be stepping up their game next year, now that retail spending looks set to increase due to robust growth and higher tourism arrivals. More landmark developments will be open from next year, on the … Continue reading

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New retail, hotel & office project on Orchard Road

Singapore’s Orchard Road will be adding another new face to its shopping belt. A retail, hotel and office development will soon come up at the sites of the former Specialists’ Centre and Hotel Phoenix, as well as Orchard Emerald mall. … Continue reading

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Orchard Road ranked 27th most expensive retail street in world: survey

Singapore prime Orchard Road shopping belt has been ranked the 27th most expensive retail street in the world by property consultant Colliers International. The city moved up one notch from the 28th spot last year in the Colliers annual global … Continue reading

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