Katong is one of Singapore’s coolest streets—so why are so many shop units sitting empty?

Katong, one of Singapore's most appealing streets, is currently facing a significant vacancy problem. Despite its heritage charm, many shop units along East Coast Road remain empty with persistent For Rent signs. Simultaneously, the millennial-focused apparel market is shifting, evidenced by the acquisition of eco-conscious brand Everlane by fast-fashion giant Shein. This reported deal, valued at $100 million, follows several tumultuous years for the sustainable basics brand, sparking widespread reactions across the internet.