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Is our Retail Space over priced? - Page 2This is a thread in the Retail Space Rental Rates Discussion forums.Need some advice/comments regarding renting retail shop in shopping mall. Is it normal for mall management to charge rental rates ... |
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04-04-2009, 03:02 PM
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#11 |
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Junior Member
 Join Date: Apr 2009
Location: Tampines
Posts: 2
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Re: Is our Retail Space over priced?
Need some advice/comments regarding renting retail shop in shopping mall.
Is it normal for mall management to charge rental rates by: a) Monthly rental (per sqf x area); or b) % of total sales in a month whichever is higher? |
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05-04-2009, 12:37 AM
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#12 |
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Senior Member
Join Date: May 2008
Location: Australia/Singapore
Posts: 193
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Re: Is our Retail Space over priced?
Yes GTO is normal for shopping mall. The range will be around 15-25%.
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05-04-2009, 10:48 AM
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#13 |
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Junior Member
Join Date: Apr 2009
Location: Tampines
Posts: 2
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Re: Is our Retail Space over priced?
I see... Thanks for your reply.
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15-04-2009, 04:49 PM
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#14 |
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Member
Join Date: Jun 2008
Location: jurong west
Posts: 19
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Re: Is our Retail Space over priced?
yes, bugis street rental is really very expensive & the customers all not willing to spend. They just looking for cheap stuff & bargain . sigh ....
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15-04-2009, 10:39 PM
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#15 | |
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Senior Member
Join Date: Feb 2009
Location: The little Red Dot
Posts: 54
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Re: Is our Retail Space over priced?
Quote:
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16-04-2009, 04:18 PM
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#16 |
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Member
Join Date: Jun 2008
Location: jurong west
Posts: 19
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Re: Is our Retail Space over priced?
easily $3k for less than 100sft shop. D the management therre really damn sucks !!!!!
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12-05-2009, 05:16 PM
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#17 | |
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Member
Join Date: Jul 2008
Location: hougang
Posts: 20
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Re: Is our Retail Space over priced?
Quote:
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26-05-2009, 05:37 PM
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#18 |
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Senior Member
Join Date: Oct 2008
Location: Tampines
Posts: 71
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Re: Is our Retail Space over priced?
Hi, just wanted to update you that KuchiKu! is taking the 1st Step to Reduce Rent for Retailpreneurs. Interested parties can check out our ad in Retail Resources
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30-05-2009, 11:52 PM
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#19 |
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Member
Join Date: May 2009
Location: Town
Posts: 16
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Re: Is our Retail Space over priced?
of course the retail space price is too over priced. just walk around the prominent malls (e.g. marina, suntec, eg) on the weekday nights and observe how many empty pushcarts there are.. it is a scary sight, really.
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14-11-2009, 10:49 PM
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#20 |
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Senior Member
Join Date: Nov 2009
Location: East
Posts: 91
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Re: Is our Retail Space over priced?
It all depends on how goods of business at that retails space.
If you can make profit > rent, then it will be cheap. Otherwise, it will be expensive. Will you guy consider those cubric box to sell? I think just paying S$ 100 plus can get a box space at prime shopping centre. |
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