Monitoring Commercial Rental Trends and Tenant Composition in Heritage Conservation Zones, Suburban Towns and Neighbourhood Centres

86 Ms Nadia Ahmad Samdin asked the Minister for National Development (a) whether the Government monitors commercial rental trends and tenant composition in heritage conservation zones such as Kampong Glam; and (b) what impact rising rents have on the retention of longstanding or culturally significant retailers and on the overall cultural character of these districts.

87 Mr Saktiandi Supaat asked the Minister for National Development in view of increasing rents in the heartlands (a) whether the Urban Redevelopment Authority (URA) tracks changes in retail rents in suburban towns and neighbourhood centres, given that its Retail Rental Index reflects only Central Region leases; (b) if not, why not and (c) what measures are in place to mitigate the displacement of long-standing heartland businesses with heritage value due to rising rents.

Mr Chee Hong Tat: This question was addressed in the Ministry of National Development's reply to the questions asked by Ms Denise Phua Lay Peng and Mr Fadli Fawzi on 3 February 2026. [Please refer to ​"Moderating Shop Rental Increases in Heritage Precincts Such as Chinatown and Kampong Glam", Official Report, 3 February 2026, Vol 96, Issue 15, Oral Answers to Questions section.]