Singapore businesses call out "unsustainable rent hikes"

Singapore businesses call out "unsustainable rent hikes"

Businesses appeal for support and measures to tackle rent hikes Read more at straitstimes.com.

Rising rents put the squeeze on small businesses in Singapore: Should the Govt do more?

SINGAPORE — The clock is ticking for Nicher, a bakery serving French pastries and coffee at The Brooks, a mixed-use development near Sembawang Road. The bakery's owner, Melvin Koh, 39, has decided to sell the business when his lease expires at the end of June. The former pastry chef with Marina Bay Sands says his lease will go up 15...

The Rental Squeeze: What it Means for the Everyday Consumer

Singapore is known as a food paradise and shopping haven. But behind the shiny façades of cafés, boutiques, and bakeries lies a quieter crisis: many small businesses are closing — and rental increase is to blame. Since 2024, commercial rentals for both shophouses and mall spaces have jumped significantly. The changes may not seem obvious at first, but they’re already affecting what you see (and pay) in your neighbourhoods and local malls. And as…