Ms Yang Ailan, the hawker who bid a monthly rent of S$10,158 for a stall at Block 84 Marine Parade Central, said it is rare to have a vacant stall at the hawker centre.
Ms Yang Ailan, 51, bid over S$10,000 for a nearby vacant stall at Marine Parade Central Market and Food Centre. SINGAPORE: A hawker who submitted a bid of more than S$10,000 to rent a stall in Marine Parade said the record offer was worth it.
Successful bidders will pay rent at the tendered offer for the first three years of their tenancy period. After that, the rental will be adjusted to the market rate determined by an independent professional valuation that factors in footfall, stall size and market conditions. The 51-year-old Singaporean has been running the stall for more than 10 years, and hopes her son can start his own cooked food business if she gets another stall – although the family has not decided what to sell.Everything in Marine Parade is"expensive", from home prices to shop rentals, Ms Yang said in Mandarin.
She asked that her son's details not be published to protect his privacy. He is currently not in the hawker trade but is an able cook, she said. Hawkers CNA spoke to were doubtful the stall was worth a monthly rent of S$10,000. Several said they did not think that the footfall at the food centre was high enough.
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