Please provide information on the market sentiment in December 2022 for large retail units along Orchard in Singapore

As of December 2022, the market sentiment for large retail units along Orchard Road in Singapore was generally positive. Here are some key points:

- Retail rents in the Orchard Road area saw significant increases, with prime first-storey rents expected to lead the market recovery and clock around 10% rental growth in 2022.
- There was a relatively strong showing in the retail real estate market, driven by confidence among retailers. This confidence was partly due to the return of tourists and the easing of COVID-19 restrictions, which boosted foot traffic and sales.
- Despite the overall positive trend, there was a mix of new and traditional retail concepts, with upmarket streetwear brands competing for prime frontage alongside traditional luxury retailers.

Overall, the sentiment was optimistic, reflecting a recovery and growth in the retail sector in the Central and Orchard area.