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Deep Dive - Have rising commercial rents reached a tipping point?

Deep Dive - Have rising commercial rents reached a tipping point?

CNA29-05-2025

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Amid rising rents and growing competition, some Singapore businesses are closing down or relocating to cheaper premises. A local bakery in Siglap recently announced on social media it was moving out after its rent was increased by 57 per cent. Are commercial rent hikes spiralling out of control, or is this simply market forces at work?
Steven Chia and Otelli Edwards speak to Ethan Hsu, head of retail at Knight Frank Singapore, and Terence Yow, managing director of Enviably Me Group of Companies and chairperson of the SG Tenants United for Fairness.
Deep Dive - Have rising commercial rents reached a tipping point?
Amid rising rents and growing competition, some Singapore businesses are closing down or relocating to cheaper premises. A local bakery in Siglap recently announced on social media it was moving out after its rent was increased by 57 per cent. Are commercial rent hikes spiralling out of control, or is this simply market forces at work?
Steven Chia and Otelli Edwards speak to Ethan Hsu, head of retail at Knight Frank Singapore, and Terence Yow, managing director of Enviably Me Group of Companies and chairperson of the SG Tenants United for Fairness.
25 mins
Deep Dive - Cabinet reshuffle: No big surprises but key moves to align the ministries under PM Wong's 4G team
Prime Minister Lawrence Wong unveiled his Cabinet and one surprise was the lack of a second deputy prime minister. Instead, the new Cabinet includes three coordinating ministers. What does that signal? And will there be more changes to come? Steven Chia speaks to independent political observer Dr Felix Tan and Dr Elvin Ong of the National University of Singapore.
20 mins
Deep Dive - GE2025: Are independent candidates a new force to be reckoned with?
For the first time in 53 years, an independent candidate received more than 35 per cent of vote share, performing better than some smaller opposition parties. Jeremy Tan, who ran in Mountbatten SMC, and Darryl Lo who contested in Radin Mas SMC, join Steven Chia and Otelli Edwards to talk about lessons learnt from their campaigning and their future after GE2025.
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Deep Dive - GE2025 results: A closer look at the strong PAP mandate and the opposition strategy
Voters gave the People's Action Party and Prime Minister Lawrence Wong a clear mandate in GE2025. What accounted for the result and why couldn't the opposition parties make good on gains from the last election? Steven Chia and Otelli Edwards speak to Associate Professor Eugene Tan from the Singapore Management University and Dr Reuben Ng from the Lee Kuan Yew School of Public Policy.
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S'poreans defend ministers' business class selfies after LinkedIn post sparks fuss

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‘Make space for Singaporeans to dream': Business struggles spark debate featuring Calvin Cheng over rent, manpower, and the future of local business
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‘Make space for Singaporeans to dream': Business struggles spark debate featuring Calvin Cheng over rent, manpower, and the future of local business

SINGAPORE: A recent Facebook post by businessman and former Nominated Member of Parliament Calvin Cheng has stirred heated conversation online, after he suggested that rising rents are not the primary cause of Singapore's F&B crisis—and that the government should resist interfering in the free market, especially by imposing rental controls or mandating support for local entrepreneurs. Cheng didn't shy away from admitting that the closures have been heartbreaking—familiar neighbourhood hangouts, late-night bars where friends gathered, even family-run cafes that felt like home, have all folded one after another. Yet he urged us to pause before pointing fingers at landlords. 'Most mall spaces are still taken,' he reminded readers, suggesting that behind every lease negotiation is a landlord weighing risks—sometimes betting on higher rents only to discover too late that demand has shifted. 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Japan trade negotiator says progress made in US tariff talks
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CNA

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Japan trade negotiator says progress made in US tariff talks

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