Faced with a doubling of their rental fees under a new management, more than half the stalls at a coffeeshop in Toa Payoh decided not to renew their contracts.
According to Shin Min Daily News on Saturday (May 14), six out of 10 stall holders at a coffeeshop located in Blk 233, Toa Payoh Lorong 8, will not be returning once their lease expires on May 31.
Some of the stallholders have been operating in the coffeeshop for more than a decade.
Out of the nine hawkers at the stall, three had already decided to wind up their businesses at the beginning of the year for various reasons, reported Shin Min Daily News. The last, a drinks stall, is owned by the owner of the coffeeshop.
After a recent change in management, the remaining hawkers were informed that their rent would be increased after a month-long renovation period beginning June 1.
One 60-year-old hawker, surnamed Yu, told Shin Min Daily News that he had received information two weeks ago that his rent would be doubled, from $3,000 a month to $6,000 a month.
Yu has been running an economic bee hoon stall at the coffeeshop for 30 years.
More at https://shrtcô.de/6Vaef
According to Shin Min Daily News on Saturday (May 14), six out of 10 stall holders at a coffeeshop located in Blk 233, Toa Payoh Lorong 8, will not be returning once their lease expires on May 31.
Some of the stallholders have been operating in the coffeeshop for more than a decade.
Out of the nine hawkers at the stall, three had already decided to wind up their businesses at the beginning of the year for various reasons, reported Shin Min Daily News. The last, a drinks stall, is owned by the owner of the coffeeshop.
After a recent change in management, the remaining hawkers were informed that their rent would be increased after a month-long renovation period beginning June 1.
One 60-year-old hawker, surnamed Yu, told Shin Min Daily News that he had received information two weeks ago that his rent would be doubled, from $3,000 a month to $6,000 a month.
Yu has been running an economic bee hoon stall at the coffeeshop for 30 years.
More at https://shrtcô.de/6Vaef