Singapore
LUXURY, WELLNESS BRANDS DRIVE DEMAND FOR SINGAPORE’S SHOPHOUSES
Heritage shophouses in Singapore are attracting renewed interest from luxury, wellness, and lifestyle brands, as developers restore conserved buildings to create distinctive retail and dining experiences that modern structures cannot replicate.Real estate investment firm 8M Real Estate, whose portfolio is 90% shophouses, said these properties allow tenants to tell their brand stories in ways conventional buildings can't.“They are seeking very unique locations, especially those with heritage or with a rich culture or history behind them,” Xin Rui, executive director of asset management at 8M, told Singapore Business Review. “For them, it is important because they want to connect with the local markets.”https://sbr.com.sg/commercial-property/exclusive/luxury-wellness-brands-drive-demand-singapores-shophouses (ICE SINGAPORE)
Fonte notizia: Singapore Business Review, 18 August 2025
