(22-01-2017, 01:18 PM)CY09 Wrote: http://singaporeanstocksinvestor.blogspo...space.html
Interesting share by a reader of AK71.
Personally beside fragmented ownership, another problem is location. Lucky Plaza at orchard is also a fragmented ownership mall; the difference is the identity it was able to create and its location of being near Orchard MRT.
It is worth noting in the article, many of these malls (e.g East Village) are far flung from transportation landmarks such as MRT. It is not as if you can build a retail mall anywhere and expect business to prosper.
Agreed. Location is important for Malls and being near transportation hub can make a huge difference.