The Urban Redevelopment Authority (URA) has come out with a set of guidelines for shoebox shops in all new developments with retail floor area. A minimum average retail unit size and minimum corridor widths are required. In a blog post, National Development Minister Khaw Boon Wan said the guidelines were done in consultation with industry players and said that the guidelines take a fair, balanced...
Retail Property
Singapore's prime shopping belt Orchard Road is set to welcome a new mall, Orchard Gateway, around November this year. Its marketing agent Savills said 80 per cent of the retail space has already been pre-committed. And there will be a few new-to-market brands that will appeal to fashion-forward shoppers. The mixed-development straddles both sides of Orchard Road and has 172,000 square feet of net...