Singaporean retailers are taking advantage of lower rents in Hong Kong where the economy is on the mend. Photo: Bloomberg
Singaporean retailers are taking advantage of lower rents in Hong Kong where the economy is on the mend. Photo: Bloomberg

Singaporean retailers seize opportunity from lower rents, spending revival to launch Hong Kong operations

  • Several Singaporean retailers are expected to travel to Hong Kong once the travel bubble starts on May 26, hoping to a get a closer look at the situation here
  • Most of the retailers are looking at the prime shopping districts of Central and Causeway Bay, where the rents have fallen by nearly 80 per cent from their peak

Singaporean retailers are taking advantage of lower rents in Hong Kong where the economy is on the mend. Photo: Bloomberg
Singaporean retailers are taking advantage of lower rents in Hong Kong where the economy is on the mend. Photo: Bloomberg
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