Exciting developments are underway at Hougang Mall, with the recent opening of new shops like Luckin Coffee and Kyoto Onimaru, adding to the mall’s vibrant retail scene. This expansion is likely to attract even more visitors, particularly those looking for a unique dining experience, as the mall is estimated to have around 40-50% of its space dedicated to Food and Beverage (F&B) outlets.
In terms of traffic, weekends at Hougang Mall are incredibly crowded, which could be a boon for retail investors looking to capitalize on the foot traffic. Analyzing the chart, it appears that Frasers Centrepoint Trust (FCT) is in bearish mode, suggesting a potential downturn. If the support at $2.20 is broken, it’s possible that the price could drop further, testing the $2.10, $2.05, and $2.00 levels. As always, it’s crucial to do your own due diligence (DYODD) before making any investment decisions, considering factors like market trends, financial health, and overall economic conditions to ensure informed choices.
