Chart of the Day: Tenant sales of local malls slowed in Q1

Uploaded By:  Janine Ballesteros Submitted By:  Janine Ballesteros Case Study:  No Suburban malls seem to be holding up better. This chart from Maybank shows that tenant sales in Singapore’s retail sector slowed following enhanced safe distancing measures, with Wisma Atria and SuntecCity posting the largest decline at 15.4% and 20.2% in Q1, respectively. Meanwhile, VivoCity and FCT faced single-digit drops at 3.4% and 4% respectively. CMT also dropped by 7.6%. read more