MSE: No escalating trend in hawker rents after S$8K Marine Parade Central Hawker Centre bid

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MSE: No escalating trend in hawker rents after S$8K Marine Parade Central Hawker Centre bid
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MSE noted that rental costs remain affordable

The Ministry of Sustainability and the Environment has clarified that recent high bids for a cooked food stall at Marine Parade Central Hawker Centre, which exceeded S$8,000, do not signal an escalating trend of hawker rents.In a written response to parliamentary questions, Koh Poh Koon, Senior Minister of State for Sustainability and the Environment, addressed concerns about escalating rents.

The Marine Parade Central Hawker Centre benefits from significant foot traffic, operating continuously for three meals a day, and its proximity to a new MRT station and ongoing local developments.

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