Capitaland Mall Trust have the largest ‘fleet’ of suburban malls. While we can talk about the trust as an investment, it can also give us a sensing of the consumer purchasing power of the average Singaporeans. For all the negativity surrounding Singaporeans being cautious with their money in a low growth 2015, the shopping traffic actually went up well. Could this point to global warming and a hotter Singapore? Perhaps Bedok Mall and Funan DigitaLife Mall balance each other out. Net net, the sales went up, which may indicate people are not just walking around but are purchasing stuff at a slightly higher rate. The rental revisions for CMT shows the ability to raise rent and the willingness for tenants to stay in operation and afford the rent. Since the tenor for rent are usually 3 years, and inflation in Singapore is 2%, a mediocre and average revision is a ......