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Rental Declined as a Share of Total Business Costs From 2019 to 2024: PM Wong

Summary by The Straits Times
Rent fell from 26% to 17% for the F&B sector and from 30% to 26% for the retail sector during this period. Read more at straitstimes.com.

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The Straits TimesThe Straits Times
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Rental declined as a share of total business costs from 2019 to 2024: PM Wong

Rent fell from 26% to 17% for the F&B sector and from 30% to 26% for the retail sector during this period. Read more at straitstimes.com.

·Singapore
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Business TimesBusiness Times

Budget 2026: Retail, F&B rents make up lower share of business costs in last few years

Rent increases have also trended below nominal GDP growth and inflation in recent years, says PM Wong

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Business Times broke the news in on Thursday, February 26, 2026.
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