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Faced with a doubling of their rental fees under a new management, more than half the stalls at a coffeeshop in Toa Payoh decided not to renew their contracts. According to Shin Min Daily News on Saturday (May 14), six out of 10 stall holders at a coffeeshMore than half of stallholders at Toa Payoh kopitiam pull out after rent doubles
Faced with a doubling of their rental fees under a new management, more than half the stalls at a coffeeshop in Toa Payoh decided not to renew their contracts. According to Shin Min Daily News on Saturday (May 14), six out of 10 stall holders at a coffeeshop located in Blk 233, Toa Payoh Lorong 8, will not be returning once their lease expires on May 31. Some of the stallholders have been operating in the coffeeshop for more than a decade. Out of the nine hawkers at the stall, three had already decided to wind up their businesses at the beginning of the year for various reasons, reported Shin Min Daily News. The last, a drinks stall, is owned by the owner of the coffeeshop. After a recent change in management, the remaining hawkers were informed that their rent would be increased after a month-long renovation period beginning June 1. Read more