You will never fail to see this kind of report...

[General Veers]

...that is same like HDeeBee, despite sky high prices, demand shoots up.


Sheng Siong wet markets see 5 new tenants despite rent rise
By Jessica Yeo | Posted: 17 May 2010 2119 hrs
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SINGAPORE: Five tenants have signed on with Sheng Siong despite the 30 percent increase in rent at its wet markets from April, which saw 14 tenants leaving.

Two stalls at Yew Tee wet market were quickly snapped up after three tenants left.

Serangoon wet market saw two new tenants after the rental increase, while Fajar saw one.

Hawkers MediaCorp spoke to said their business can cover the increased rent, and they did not intent to adjust the price of goods just yet.

Sheng Siong said their prices are comparable with other wet markets.

Sheng Siong will continue to scout for new tenants to replace those who have left to keep the current rental fees stable.


- CNA/ir

 

[saratogas]

New Tenants, new prices. Just pass the higher cost to their customers and maintain their margin. If everyone increase their prices, aunties got no choice but continue buy from the wet market.

 

[Alamaking]

5 new ones, so how many left? never report meh? LOL

 

[cocobobo]

Hawkers MediaCorp spoke to said their business can cover the increased rent, and they did not intent to adjust the price of goods just yet.

'just yet' means what ah??

reporter: so how you will increase price or not?
hawker: sure. confirm next week i increase.

report come out:"they did not intent to adjust the price of goods just yet"

 

[Spock]

Hawkers MediaCorp spoke to said their business can cover the increased rent, and they did not intent to adjust the price of goods just yet.

Shouldn't it be "they did not intend to adjust ..." or "they were not intent upon adjusting ..."? English standards going down?

 

[Char_Azn]

Remember what the government tells U, "Competition is Good for consumers"

They privatize the wet markets just like they open up the cable TV networks to more private companies so that they can promote competition.

Competition is always good for consumers coz we have "more choices" and "cheaper prices" coz the companies compete with one another for the same audience

Case in point. Last time world cup pay $15, now world cup pay $70!!! KNN!!! :oIo::oIo::oIo::oIo::oIo::oIo::oIo::oIo:

 

[myfoot123]

The new tenants have already calculated how to pass the rental cost to consumers. No harm renting - nobody lose - only consumers bear all. This part, Shit Times will not report - no ask no tell policy of PAP style, utlimate journalism ethic in Singapore.