Bugis Street second floor hit by wave of closures, tenants report 60% drop in revenue
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Remaining tenants reported a 60 per cent drop in revenue. PHOTO: SHIN MIN DAILY NEWS
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Ethel Tseng
PublishedApr 11, 2026 at 07:41pm
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The exodus of nearly 80 per cent of business owners from the second floor of Bugis Street has left it resembling a “ghost town”, with tenants reporting revenue drops of about 60 per cent.
A reader told
Shin Min Daily News that many tenants on the second floor of the mall had gradually vacated, leaving the entire level eerily quiet, like a “ghost town”.
When reporters from Shin Min visited the mall, the first and third floors still housed a number of clothing shops and nail salons with steady foot traffic.
However, nearly 80 per cent of units on the second floor were shuttered, with metal gates pulled down and few visitors in sight. Shop assistants from remaining stores sat at their entrances, waiting for customers.
Out of almost 100 shops on the level, only about 20 remain in operation, most of which are located some distance away from escalators and staircases. Signs indicating that the stores were closed, along with contact numbers, were pasted outside some units.