RTS Link could lead to S$290 million net increase in outbound spend from Singapore annually: study
This article reports on a study commissioned by Singaporean business associations regarding the economic impact of the new RTS Link. It highlights a projected S$290 million net outflow in consumer spending, noting that Singaporean businesses must adapt to increased competition from Johor Bahru.
Why it matters
It underscores the competitive challenges local businesses face due to improved regional transport infrastructure.
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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