PRICE COMPETITION A KEY WORRY
Businesses participating in the study said the RTS Link would sharpen competition from Johor Bahru, particularly in price-sensitive segments such as groceries, pharmaceuticals and beauty services, where lower cross-border prices are already shaping consumer spending patterns.
Non-central areas of Singapore are expected to see the largest net outflow in spending, the study found. The west region is projected to see a S$104 million net outflow, followed by the north-east with S$103 million, the north with S$82 million and the east with S$25 million.
This outflow is likely to stem from outbound spend on essentials such as groceries and drug stores, as well as dining at restaurants and cafes, the study said.
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