Singapore gelato shop Tom’s Palette to close after 21 years
What’s next: Its Bugis and Kovan outlets are set to shut by late October as the company seeks a buyer to carry on the brand.
The Straits Times, Channel News Asia +1
What’s next: Its Bugis and Kovan outlets are set to shut by late October as the company seeks a buyer to carry on the brand.
Why it matters: Singapore prices have fallen too, but sellers say transport, rent and tax will keep them well above Malaysia's lows.