Compared with our peers in Australia and the United States, the tenants’ sales (US$ psf per annum)
of CMT’s portfolio in 2014 were among the highest.
Comparison of Full Year Tenants’ Sales
(US$ psf per annum)
812
785
775
700
619
570
Scentre Group
(Australia)
Novion
Property
Group
(Australia)
CMT
(Singapore)
Westfield
Corporation
(United States
& Europe)
Simon Property
Group
(United States)
General Growth
Properties
(United States)
Sources: Data publicly disclosed as at 31 December 2014 (Novion Property Group, Scentre Group, CMT, Westfield Corporation,
Simon Property Group and General Growth Properties).
PERFORMANCE OF TENANTS’ SALES BY TRADE
Amid the cautious consumer spending, some trade categories continued to achieve positive growth
in 2014. Gifts & Souvenirs and Home Furnishing achieved the highest growth rates of 14.7% and
7.1% respectively in terms of tenants’ sales in psf in 2014 compared to 2013.
Year-on-Year Variance of Tenants’ Sales S$ psf per month
(%)
14.7
Gifts & Souvenirs
Home Furnishing
Sporting Goods
Music & Video
Services
1
Supermarket
Food & Beverage
Shoes & Bags
Fashion
Beauty & Health
Department Store
Jewellery & Watches
Electrical & Electronics
Leisure & Entertainment
Books & Stationery
Information Technology
Telecommunications
Toys & Hobbies
1.9
7.1
1.7
0.9 0.8
(0.7)
(0.8)
(1.3)
(1.9)
(3.2)
(3.6)
(4.1)
(6.0)
(7.5)
(10.1)
(11.6)
(15.5)
1 Services include convenience stores, bridal shops, optical shops, film processing shops, florists, magazine stores, pet shops,
travel agencies, cobblers/locksmiths, laundromats and clinics.
Leading with Confidence | 65
