Business Standard

Singapore malls try huge gambit before online shopping catches on

With vacancies rising, landlords are going beyond passively selling products and services

People can spend a day taking a cooking class or participating in a complimentary yoga session at malls in the island state
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People can spend a day taking a cooking class or participating in a complimentary yoga session at malls in the island state

Pooja Thakur Mahrotri | Bloomberg
Online shopping in Singapore is lacklustre even after Amazon Inc debuted its Prime service in mid-2017. The island’s malls are trying hard to keep it that way.
 
With some of the nation’s biggest mall operators reporting falling rents and rising vacancies, landlords, just like those elsewhere in Asia and the US, are being forced to reposition. They’re making room for yoga studios, boxing gyms and climbing walls —plus expanding their food and beverage options — to make sure people come for the dining and fun, and hopefully, stay for some shopping.
 
Centres around the world have tried similar

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