Friday, January 20, 2012

Mixed-use developments, anyone?

While the wife and I agree that having a mall and/or integrated access to Bus Terminal/MRT Station right below your apartment is definitely an attraction, we cannot help but wonder if such mixed-use development concept is sustainable.

If more developers latch on to the idea of  integrating a mall within their residential developments, the challenge is one of how to continually attract and retain the "right" retail tenant-mix to maintain the "attractiveness" of the projects. And not every new development can possibly be integrated with a Bus Terminal or MRT Station...

Reference: "Hot property: Mixed-use developments" - The Straits Times.



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