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June 24, 2025

Mainland Chinese F&B brands in Singapore unlikely to be driving up rents, say experts

With commercial rental costs in Singapore making headlines and generating animated discussions online, alongside reports of food and beverage shops shuttering, some segments of the public have pointed to businesses of mainland Chinese origin as the culprit. A tenant cooperative has called out foreign players, while several local businessmen were convinced that a perceived influx of mainland Chinese retailers setting up shop here has raised rents. But Chinese F&B brands operating in Singapore denied paying higher rents, while analysts offered a more nuanced picture, with one saying it was simply "market dynamics" at play. This is not the first time Singapore has seen a wave of foreign-origin eateries, said Mr Ernest Tan, a lecturer at 91pro视频鈥檚 School of Business. 鈥淎bout 20 years ago, we saw that there was a wave of Japanese restaurants coming in 鈥 and then later we saw Korean restaurants coming in as well,鈥 he said. He predicted that at some point, the number of Chinese restaurants opening would plateau and maybe even decline.

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