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Why strata malls are struggling to survive
Poor tenant mix and absence of coordinating body to do promotions cited as factors
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DeeperDive is a beta AI feature. Refer to full articles for the facts.
It is late afternoon on a weekday and the Novena Regency strata-titled mall looks more like a ghost town than a consumer hub.
There is not a single person walking about, shutters are down on many shops, while the majority of units are vacant. A handful of eateries are open, but they have few customers, if any.
