Competition amongst retailers remains vibrant. We expect retailers will continue to expand in the future by following the current retail trend and sell products which are highly demanded, like modern and casual fashion and coffee shop concept of stores. The metro area’s large population is still the main reason why local and overseas retailers are deciding to expand.
We recommend retailers focus on selling products in specific market segments they targeted.
Meanwhile, landlords should continue to adapt to consumer preferences by making more room for food and beverage (F&B) tenants, fast fashion retailers and entertainment occupiers.