The end of last year’s “circuit breaker” saw a release in pent-up demand for all the things Singaporeans missed most. Locals thronged cafes and restaurants in a bout of “revenge dining”, shopping malls, cruises saw “revenge spending” and, according to APAC Realty, home buyers also fuelled a wave of “revenge home ownership”.

Have a premium account? Sign in to continue reading.

Unlimited access to all stories from $99.9/year*

The latest reporting and analysis from business and investments to news and views on social issues.


  • Simultaneous logins across all devices
  • Instant access to past digital issues
  • Unlimited access to The Edge Malaysia
  • *For annual subscription plan only. T&Cs apply