Skip to main content

Shopping in Comfort (by mndminister)

2013 mar 26
Shopping in Comfort by mndminister

Lately, a couple of developers who have pushed for shoebox apartments and factories have turned their attention to push for shoebox shops. The URA has received applications from them proposing to build malls featuring mainly shoebox shops, with sizes as small as 9sqm. At 9sqm, the shop will be even smaller than a car park lot. In many cases, the number of proposed shops in their proposed redevelopments will end up more than 10 times the number of shops in the original malls! Small shops have a place in our retail landscape as they support our entrepreneurs and cater to certain trades, such as stationery shops, florists and moneychangers. But when they are the predominant shop type in a shopping mall, we have to be concerned about the viability of these shops and the shopping experience of the customers. If these shops are not suitable for most retailers, then the developers’ motive is probably to target individual property investors rather than genuine retailers. Who will the individual property investors sell or tenant to after the developers have sold these units to them? Moreover, too many small shops in a mall can generate disproportionate traffic and parking issues. Industry stakeholders, including Real Estate Developers’ Association of Singapore (REDAS) and the Singapore Institute of Architects (SIA), shared the URA’s concerns as well.

The URA has therefore formulated a set of guidelines to address them, in consultation with the industry players. The guidelines will henceforth require a minimum average retail unit size and minimum corridor widths for all new developments with retail floor area. These guidelines take a fair, balanced approach. They give developers and architects the flexibility to propose a suitable mix of larger and smaller shops for their developments. At the same time they benefit shoppers and retailers, ensuring that all new developments have a good mix of shops and incorporate the latest Universal Design principles to accommodate all shoppers, including families with strollers and wheelchair users.

I hope that these guidelines will ensure that Singaporeans continue to have a safe and enjoyable shopping experience. After all, shopping is a great Singaporean pastime.

Please visit the MND Facebook to leave a comment. mndminister | March 26, 2013 at 12:47 pm

Comments

Popular posts from this blog

Living Large in Tiny Shoeboxes

Now that I have moved into yet another spanking new shoebox apartment, decorating and fixing stuff up from scratch, let me share some tips on living up the space to the fullest. 1. Go multi-purpose, multi-function Where space comes at a premium, every inch counts. You want to buy stuff that can perform dual, triple or more roles. Ikea has a lot of ready to use examples. Daybed - sofa, bed, storage rolled into one. Side table with storage.  Removable cover is also a serving tray. Pot holder, doubles up as table cloth. Chopping board, doubles up as placemats. Multi-cooker, steam, boil, cook rice at one go. Available in qoo10. Multi-function scissor - knife, scissors, can opener 2. Make use of vertical space Hangs over doors Fix a drop leaf table to the wall. Mount two heavy duty hooks onto the wall on either side of the table to hang up both folding chairs when not in use. 3. Foldable, stackable, nestable pieces save

Studio apartment investor goes all-in

2013 feb 18 Studio apartment investor goes all-in No diversification needed when one is young, property investor tells CAI HAOXIANG Most investors live by the virtues of diversification - that is, not putting all your eggs in one basket. Not Ryan Khoo Chung Ming. The 30-year-old bought his first apartment in his native Malaysia in 2007 when looking for a place to stay. Then, the market was not as buoyant. He spotted an opportunity for studio apartments and bought more and more, maxing out his borrowing limits. He even moved to Singapore in 2009 to get a higher-paying job so he could borrow even more. Today, he owns 13 apartments in Kuala Lumpur, a studio apartment in the United States, a studio apartment in Singapore, and has also invested in an office unit in Johor Baru and a hotel floor in KL. The total value of his portfolio has gone up and is now worth RM10 million (S$4 million). Half of the portfolio is yield-generating, with the remainder under construction. Like many who