3 Answers

Hi Ion Orchard and MBS, are managed shopping malls. You will need to come up with a convincing concept proposal including diagramatic representation of proposed shop front, shop layout etc.

If there are available and suitable shops and Ion Orchard or MBS thinks that such an outlet will be well received by its shoppers, only then will you be allowed to rent a shopspace there.

Hence price is not always the considering factor for tenants at such shopping malls. But you can expect prices of about $30-$40psf/month for shopspace in Orchard Road, many landlords such as Ion Orchard take a percentage of your turnover as rental, and generally this amount must be higher than your fixed rental or it is ontop of your fixed rental.

Yian Tay
ERA Realty Network Pte Ltd
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Email: yiantay.era@gmail.com
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Hi

To proceed with renting a space at ION Orchard or Marina Bay Sand (MBS), you can approach the marketing executive of the managed malls.

There are various factors to consider and a detailed business proposal, CV of directors, financial background, proposed shop front, layout, technical plans, etc will be required to be submitted for landlord's consideration.

Whether you will obtain a unit of your choice depends on your merits and landlord's willingness to accept your proposal.

To get a unit for lease at Managed Malls is not easy. If it is your first time doing a retail business, will suggest that you look for a city fringe space to operate first to help you increase your merits before approaching the managed malls.

To operate a massage parlour/spa, you will also be required to seek clearence from the singapore police force.

And for managed malls, there is a GRO factor involved which means part/percentage of your operating profits will go to the landlord.

You might want to consider keeping your options open with other alternatives and factors such as how does that location strategy helps you in your business and cost benefits analysis.

Hopes this answer and clarify your question.

Thanks

Ethan Ang
C&H Properties Pte Ltd
 9769 0125  Read More
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Hi,

Regard to your question. Why not you just drop me an email at ot1984pierre@gmail.com or Contact me @ +65 8 2 7 9 8 3 2 7

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