The FTIC’s Influence on Singapore’s Retail Property Market

The Fair Tenancy Industry Committee (FTIC) plays a significant role in shaping Singapore’s retail property market by promoting fair and balanced lease negotiations between landlords and tenants. Established in 2021, the FTIC oversees the Code of Conduct for Leasing of Retail Premises, which aims to ensure transparency, fairness, and sustainability in retail leasing practices. Here’s how […]

Are You Paying Fair Rent? How to Benchmark Your Retail Lease in Singapore

Benchmarking your retail lease in Singapore involves comparing your rent and lease terms with industry standards to ensure fairness. Here’s a comprehensive guide tailored for Singaporean retailers. 1. Understand Your Lease Type In Singapore, retail leases often include gross leases, net leases, and percentage leases. Percentage leases, where rent is based on a percentage of sales, are increasingly popular […]

Understanding Working Capital: The Key to Business Liquidity and Growth

Working capital is a crucial financial metric that reflects a company’s operational liquidity and short-term financial health. It is defined as the difference between current assets and current liabilities, providing insight into a business’s ability to meet its short-term obligations and manage day-to-day operations effectively. Here’s a comprehensive overview of working capital, including its calculation, […]