'Rental price is ridiculous': Some hawkers bemoan $7,000 bid for stall at Dunman Food Centre
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A stall in Dunman Food Centre has received five bids in October, with the highest nearly hitting the $7,000 mark, 8world reported on Monday (Nov 18). The $6,929 offer was from the son of a hawker who runs a stall in the same row. If he wins the tender'Rental price is ridiculous': Some hawkers bemoan $7,000 bid for stall at Dunman Food Centre
A stall in Dunman Food Centre has received five bids in October, with the highest nearly hitting the $7,000 mark, 8world reported on Monday (Nov 18). The $6,929 offer was from the son of a hawker who runs a stall in the same row. If he wins the tender, he intends to open a third drink stall. While they find the $7,000 rent too steep, some hawkers told 8world that they believe there will be fairer competition once the revised rental renewal policy kicks in this month. «This rental price is a bit ridiculous,» one hawker said. Another stated: «We can accept the market price the government gives us now. But if it goes up, we'll have a harder time.» Worried about the trickle-down effects on customers, a drinks vendor said: «The lower the tender bid, the better… If we set our prices too high, customers will walk away after asking for our prices.» Record-high prices in Toa Payoh Meanwhile, a food stall in Toa Payoh's Lorong 8 Food Centre received four bids, with the highest bid at $6,508. This marks a record-high since 2021, 8world reported. Read more