Today in Singapore, I noticed that quite a few shops are having moving out sales. There was a report recently that a lot of malls are getting empty and seeing low occupancy rates. I hadn’t noticed it cause the ones that I frequent near my house seem overcrowded. We live in a area that has just one mall near the train station. This on the other hand is one of 5 within walking distance of the train station which seems rather a lot! Perhaps several more or less identical malls opening up in such close proximity might be leading to the trend of shops not having much business.