Retail space prices fall by 2.8% in the second quarter, continuing a trend seen since the third quarter of last year.
The retail space price index fell to 102.4 in the second quarter, a 2.8% decrease from the 105.4 the quarter previous, marking a third-quarter straight of declines. As of end-June, there is a total supply of 419,000 sq. m. GFA of retail space projects in the pipeline, compared to the 428,000 sq. m. GFA in the previous quarter.
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