As Clementi Mall changes hands, residents worry over dwindling #diversity
🧐"Elegant Gp, linked to Guangzhou's Grantral Gp, has been acquiring #retail malls here. #Clementi #Mall is its 6th #acquisition.. #Singapore needs to develop a guiding framework to shape outcomes when local malls r acquired, so they continue to cater to diverse needs of πŸ‡ΈπŸ‡¬β€™s #multiracial #society.. Te Clementi Mall bakery owner said it's become increasingly difficult for #homegrown brands to survive"
https://www.straitstimes.com/singapore/as-clementi-mall-changes-hands-some-ask-whether-malls-are-losing-their-heartland-flavour
As Clementi Mall changes hands, some ask whether malls are losing their heartland flavour

Explore the impact of foreign investors on Singapore's heartland malls, rising rents, and the concern for local businesses. Read more at straitstimes.com. Read more at straitstimes.com.

The Straits Times