SINGAPORE — Many stallholders at the Geylang Serai Ramadan bazaars are experienced and have run stalls at previous years' bazaars or other trade fairs organised by the People's Association (PA), said deputy chairman of PA Edwin Tong. Stallholders would know the rental prices published by operators during the bidding process, before they decide to bid for a stall, he added....
Stallholders at the Geylang Serai Ramadan bazaars had complained about high rents, which had skyrocketed to $24,000 for some.SINGAPORE — Many stallholders at the Geylang Serai Ramadan bazaars are experienced and have run stalls at previous years' bazaars or other trade fairs organised by the People's Association , said deputy chairman of PA Edwin Tong.
"The operator of course... publishes the rates that he wants to charge. So no bidder comes in without knowing what the rates would be. And that's an important consideration. They have to make their own calculations, and that's why I mentioned the market price. So the bidder knows in advance what the price would be, they decide."Those who intend to bid for a stall will also know in advance other details in which the trade fair or bazaar is being operated, he said.
Each year's bazaar is run by a professional operator who wins the project in an open tender process, which reflects the market price, Mr Tong said. Interested operators decide what the market price would be and make a bid based on that. "And in particular for a bazaar the size and scale of the Geylang Serai Ramadan bazaars — which is not just the bazaar itself, but in conjunction with the festive occasion, the Ramadan light-up and so on — it is important to get the programming — as well as the way in which the bazaar would be operated in a safe way for stallholders and patrons — right.
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