JLL has released their 'Welcome to Retail in Asia Pacific' report, and looking at the Singapore market, found local Singaporeans and overseas tourists are drawn to the highly sophisticated retail market. They also detailed new brands launching and listed the key malls in Singapore.

A sunny shopping paradise, Singapore offers a highly sophisticated retail scene teeming with the latest fashion trends from around the globe. Singapore is the hub for Southeast Asia and attracts nearby tourists while local Singaporeans benefit from some of the strongest purchasing power in the world and love to shop. With an enviable collection of sleek malls and international stores, Orchard Road and the iconic Marina Bay Sands are forever frequented by locals and are absolute must-open store locations for retailers. 

Singapore at a glance:

• Total Population: 5.6 million people
• GDP per capita: $52,168 USD
• Household Disposable Income: $24,683 USD
• No. of Foreign Tourists: 16.4 million people / year
• Metro Ridership: 2.87 million daily riders

New brands to market: 

JLL reports that Rebecca Minkoff, Urban Revivo, Hotwind, H:Connect, Brandy Melville, NYX, Carlo Moretti, and Agent Provocateur have recently entered or are entering the Singapore retail market. 

The report also features the main high street location of Orchard Road which is the biggest shopping attraction in Singapore, where visitors will find everything from fast fashion to luxury and exquisite dining options.

Six other key malls are featured in the JLL report:

1. ION Orchard
2. Paragon Shopping Centre
3. Ngee Ann City
4. Wisma Atria
5. The Shoppes at Marina Bay
6. Vivocity

Click here to download the full JLL Welcome to Retail in Asia Pacific report

For more information or to discuss the report or other JLL research contact James Assersohn Director of Retail for JLL via the contact details below.

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