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Have you ever wondered why your everyday transport fares or food prices are getting increasingly expensive these couple of years?
Well, you’re not alone.
Alongside all other commodities, furniture prices have also been steep in 2025, leaving many consumers wondering what’s driving this trend.
It’s not just a matter of supply and demand; several factors are at play, and they all boil down to one thing: higher costs for furniture companies in Singapore.
But what if I tell you that there is a way for consumers to shop for affordable furniture in this inflationary economy?
Fear not, because we have the cracked the code for you!
One of the primary reasons furniture companies are feeling the heat is rising rental costs.
For businesses that operate large retail spaces, like Star Furniture, rent is a major expense.
They need to pay premium rates for their showrooms, which can span up to 30,000 square feet.
This is especially true for stores located in shopping malls, where rents can increase by as much as 10% every time the lease is up for renewal.
It’s a significant burden and one that can be difficult to pass on to consumers. “We would prefer larger showrooms, but the costs of these spaces make it challenging,” says Sean O’Hara, general manager of Serrano Holdings.
Source: Pexels
Another critical issue facing furniture companies is the shortage of manpower.
With a diminishing workforce, businesses are struggling to find and retain skilled laborers. This shortage has a ripple effect, leading to increased labor costs and reduced productivity.
It’s a vicious cycle that’s hard to break and one that’s affecting the entire industry. As Xu Xue Ting, group retail manager of Star Furniture, puts it, “The two main killers are rental and manpower.” ⏰
Source: Pexels
So, what does this mean for consumers? Simply put, it means higher prices for furniture.
Companies are forced to pass on their increased costs to customers to remain profitable.
This can be a hard pill to swallow, especially for budget-conscious consumers. With prices already on the rise, it’s essential for consumers to do their research and find affordable options.
Technology can play a significant role in helping furniture companies reduce their costs. By investing in automation and streamlining their operations, businesses can increase efficiency and reduce labor costs.
Additionally, technology can help companies better manage their supply chains, reducing waste and improving delivery times.
It’s an area that’s ripe for exploration and one that could yield significant benefits for the industry.
While the situation may seem bleak, there is a glimmer of hope on the horizon.
Many furniture companies are constantly adapting and innovating, finding ways to reduce their costs and improve their bottom line.
This will, in turn, lead to more competitive pricing for consumers. It’s a slow process, but it’s essential for the survival of the furniture industry.
So here are the top furniture shops you should check out to get a good deal!
Despite stiff competition in the furniture industry, isimply has withstood the test of time and continued offering office furnitures at a competitive pricing.
Their best seller, Beyond Ergonomic Mesh Chair delivers exceptional comfort with its breathable mesh upholstery and waterfall seat design for optimal thigh support and blood flow during long hours of sitting.
It Features include a 02-way adjustable mesh headrest, height-adjustable backrest, dual panel dynamic lumbar support, sliding seat depth adjustment, and 03-way adjustable armrests.
Enjoy flexible positioning with the 4-angle tilt lock mechanism, supported by a patented non-slip track base and smooth-rolling castors.
Source: Google Maps
Journey East is a top furniture destination known for its one-of-a-kind catalogue, offering well-crafted furniture and decor that are anything but cookie-cutter because every piece comes with its unique story and design.
Think colourful rugs, decor accents like trays and vases, designer bulbs, reclaimed wood pieces, as well as mid-century modern and Art Deco vintage furniture dating back to the 1900s and 1960s.
WTP The Furniture Company is a popular furniture rental company in Singapore, offering a diverse range of styles from classic to contemporary.
Their collection includes everything from sofas and beds to decorative accessories like art, vases, and sculptures. You can choose to lease individual pieces or entire rooms, with lease periods ranging from 12 to 36 months.
If you need a quick fix, their short-term, one-month rentals are a great option. Plus, their in-house interior design team can help you create a customized package based on your budget, lifestyle, and design style. 🏠
The future of furniture shopping is uncertain, but one thing is clear: It will be shaped by the ability of companies to adapt to changing circumstances.
As consumers, we can expect to see new business models emerge, new technologies be adopted, and new innovations in sustainable materials and production processes. It’s an exciting time and one that’s full of possibilities.
In the end, the rising costs of furniture in 2025 are a symptom of a larger issue. It’s a wake-up call for the industry to adapt, innovate, and collaborate. As consumers, we have a role to play in driving this change.
By demanding more sustainable, affordable options, we can create a more resilient and competitive industry. It’s time to sit up and take notice as the future of furniture shopping depends on it.
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