Tenants are not only concerned with location but also the terms and clauses in the Tenancy Agreement. In Orchard Road itself, some places are charging as high as S$60/sqft. Assuming a 1000sqft shop unit, rental per mth will be S$60,000. This is exclusive of salaries to workers, electrical/water bills and maintenance charges.
Thus next time u press for a discount from yr favorite photography gear retailer, keep this in mind.
Thus next time u press for a discount from yr favorite photography gear retailer, keep this in mind.