RTS Link could cause S$290 million net increase in outflow annually for Singapore: study
A joint industry study indicates that the RTS Link will result in a S$290 million net increase in outbound spending from Singapore to Johor Bahru annually. The report suggests that while Singapore's retail sector faces pressure, there are growth opportunities in premium services and entertainment.
Why it matters
This highlights the economic trade-offs of regional connectivity and the structural shifts in retail demand.
The city-state’s central region is seen to gain from JB visitors in high-end retail, entertainment and dining
[SINGAPORE] The Republic is expected to record a S$290 million net increase in outbound annual spend in Johor Bahru after the Johor Bahru-Singapore Rapid Transit System (RTS) Link opens next year.
The figure represents 0.4 per cent of Singapore’s total retail and F&B sales in 2025.
This is according to a study on the impact of the RTS Link on these sectors that was released on Thursday (Jul 16).
Singapore consumers are projected to spend S$1.05 billion more in JB each year, with improved connectivity after RTS’ scheduled opening in January 2027.
Visitors from JB, conversely, are expected to contribute an additional S$756 million annually to the Republic’s retail and F&B businesses.
The study was jointly commissioned by the Singapore Business Federation (SBF), Restaurant Association of Singapore (RAS) and Singapore Retailers Association (SRA).
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