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CNA·3 min read·medium

Singapore residents set to spend S$1 billion more a year in JB after RTS Link opens: Study

J
Justin Ong Guang-Xi
Singapore residents set to spend S$1 billion more a year in JB after RTS Link opens: Study
AI Summary

A study commissioned by major Singaporean trade associations predicts that the RTS Link will cause a S$290 million net increase in annual outbound spending by Singaporeans in Johor Bahru. The report details the expected shift in consumer habits, particularly in groceries and dining, starting in 2027.

Why it matters

The findings provide a forecast for how cross-border infrastructure impacts national retail and food service sectors.

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Groceries, drug stores and dining are expected to draw the biggest share of Singapore consumers' spending across the border.

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businesseconomytravel
Political Bias
Center
LeftLean LCenterLean RRight
Confidence: 90%

The article presents findings from a study neutrally, focusing on the economic projections.

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