FIRST Mutual Properties (FMP) says it is prioritising a ‘retail-first rollout’ for its 24-hectare Golden Stairs project in Mount Pleasant, aiming to unlock quick cash flows from key commercial units. This comes as the country’s property sector is experiencing firm demand for retail space amid relative macroeconomic stability, although net incomes remain under pressure from…
FMP bets on retail to kickstart Golden Stairs project
FMP reported that a blue-chip tenant occupied its new office block at Arundel Office Park during the quarter, reflecting continued demand for modern commercial space.