Youtube: Teo Ho Pin stoutly defends Sheng Siong's rent hike on wet market

[SNAblog]

Teo kept saying that he will leave it to the "market forces". What market forces is he talking about when Sheng Siong bought up the wet markets to monopolise it, leaving residents with no alternatives in their neighbourhood? It is obvious that Sheng Siong is trying to drive out the stallholders so that they could turn these wet markets into Sheng Siong outlets.

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[halsey02]

What amrket forces...didn't HDB sold the wet markets to a intermediate company....http://www.heeton.com/english/ look one of the board of director...and then sold it to Sheng Siong...

SO it is market forces that determine HDB to sell off the wet markets???:p

 

[Watchman]

Market forces meaning in his terms , having the muscle to
out-bid all other competitors .

 

[Received_by_Kings]

Market forces meaning in his terms , having the muscle to
out-bid all other competitors .

Going by your sense of reasoning he might as well say: "This reminds me of yet another ancient Chinese proverb, let me share it with you.
It is called: 胜者为王，败者为寇.

Have a nice day." :p:p