Real Estate·Aug 3, 2026
Metro Holdings Shifts Strategy from Retail to Residential Property
Singapore department store operator pivots to condominium development as decades-long retail business faces closure
By Lim Hui Ying · 2 min ·
Every BriefAsia story tagged Department Stores, newest first.

Singapore department store operator pivots to condominium development as decades-long retail business faces closure

Domestic demand at major department stores signals resilient appetite for high-end accessories despite broader economic uncertainty

The Indonesian-founded retailer will close its last two large-format outlets at Paragon and Causeway Point as it pivots to smaller concepts.