Ah Shan tell you.......

finally, an admission from Shan that rental costs are disproportionately high. we have 1st world rental costs with 3rd world wage policies.

while i have not been able to find a ranking of commercial rental costs, i found the cost of rentals for apartments. and there is a strong correlation between residential rental costs and commercial rental costs.

https://www.businessinsider.com/mos...to-rent-an-apartment-2019-5#5-paris-france-21

we are ranked 11th most expensive in the world. this should give you an idea of commercial rental costs vis-a-vis residential rents.

this is a real reason why entrepreneurship is so weak in Singapore. exacerbated by landlords demanding 3-6 months of rental deposits.
 
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