FJ Benjamin’s CEO Douglas Benjamin says that Avenue on 3 at Paragon Mall on Orchard Road draws visitors from nearby Paragon Medical Suites and Mount Elizabeth Hospital Orchard. These patrons dine and shop while waiting for medical treatments or imaging results.
During the pandemic, private healthcare providers like IHH Healthcare and Raffles Medical Group (RMG) suffered due to the absence of medical tourists. As borders reopen, they are experiencing a boost to their businesses and supporting growth in other sectors.
RMG executive chairman Dr Loo Choon Yong says that most medical tourists in Singapore are not price-sensitive, which can boost the consumer and services sectors.
