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The majority or 60.8 percent of HDB shopkeepers are satisfied with their current business, according to Minister for National Development Khaw Boon Wan, citing the result of the Housing Board’s 2013 survey for shop owners.
Although the figure is slightly lower than the 62.8 percent tallied in 2012, it is still higher than those seen in the previous years.
“Not surprisingly, established businesses and those located in high human traffic precincts were most satisfied. These included restaurants, fast food operators, medical and dental clinics, and childcare/education centres,” Mr Khaw said on his blog on Friday (5 December).
According to the post, 35 percent of the respondents are optimistic that their business will improve over the next six months – the highest level since the agency started the poll in 2002.
Furthermore, the number of shopkeepers who plan to continue their with present business in the next five years increased by 10 percentage points to 84 percent, or the highest figure since 2007.
“One great advantage of HDB living is the convenient access to shops within each precinct,” Mr Khaw noted. “That is why we continue to build HDB precincts with a good range of HDB shops, in order to complete an endearing HDB home experience.”
“We also conduct annual surveys on HDB shopkeepers as their perceptions and feedback can help us in our planning and management of HDB towns,” he added.
Nikki De Guzman, Editor at CommercialGuru, edited this story. To contact her about this or other stories email nikki@propertyguru.com.sg.
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