As of the third quarter of 2023, there was a planned supply of 665 thousand square meters of retail space in the pipeline. The retail industry is expected to expand and open stores as it adapts to the new retail environment following COVID-19.
Planned supply of retail real estate in Singapore from 3rd quarter 2017 to 3rd quarter 2023
(in 1,000 square meters)
Characteristic
Planned supply in thousand square meters
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According to the source, with effect from 1st quarter 2014, the coverage of shop space statistics has been expanded to include non-shop retail uses (i.e. food & beverage (F&B), entertainment and health & fitness) and referenced as "retail space".
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Singapore Department of Statistics. (October 27, 2023). Planned supply of retail real estate in Singapore from 3rd quarter 2017 to 3rd quarter 2023 (in 1,000 square meters) [Graph]. In Statista. Retrieved July 23, 2024, from https://www.statista.com/statistics/1275380/singapore-planned-supply-of-retail-real-estate/
Singapore Department of Statistics. "Planned supply of retail real estate in Singapore from 3rd quarter 2017 to 3rd quarter 2023 (in 1,000 square meters)." Chart. October 27, 2023. Statista. Accessed July 23, 2024. https://www.statista.com/statistics/1275380/singapore-planned-supply-of-retail-real-estate/
Singapore Department of Statistics. (2023). Planned supply of retail real estate in Singapore from 3rd quarter 2017 to 3rd quarter 2023 (in 1,000 square meters). Statista. Statista Inc.. Accessed: July 23, 2024. https://www.statista.com/statistics/1275380/singapore-planned-supply-of-retail-real-estate/
Singapore Department of Statistics. "Planned Supply of Retail Real Estate in Singapore from 3rd Quarter 2017 to 3rd Quarter 2023 (in 1,000 Square Meters)." Statista, Statista Inc., 27 Oct 2023, https://www.statista.com/statistics/1275380/singapore-planned-supply-of-retail-real-estate/
Singapore Department of Statistics, Planned supply of retail real estate in Singapore from 3rd quarter 2017 to 3rd quarter 2023 (in 1,000 square meters) Statista, https://www.statista.com/statistics/1275380/singapore-planned-supply-of-retail-real-estate/ (last visited July 23, 2024)
Planned supply of retail real estate in Singapore from 3rd quarter 2017 to 3rd quarter 2023 (in 1,000 square meters) [Graph], Singapore Department of Statistics, October 27, 2023. [Online]. Available: https://www.statista.com/statistics/1275380/singapore-planned-supply-of-retail-real-estate/