article thumbnail

For Singapore’s Capitaland, the mall comes roaring back

Inside Retail

E-commerce in Singapore had a couple of bumper years in 2020-21, but online sales growth plateaued in 2022 as a percentage of Singapore’s retail sales : for Capitaland’s malls, many of them part of integrated mixed-use projects, it was time to start taking full advantage of normalisation.

article thumbnail

Asia’s retail property market is back – get ready for rent increases

Inside Retail

Singapore is a good case in point. per cent of retail sales, official government figures from Singstat show, down from 13.0 Even the shopping-centre companies and retail chains that had the most to lose didn’t say a word in anger. In April, e-commerce was 12.0 per cent in March and down from 14.4

Marketing 130