That will never happen. More mala restaurants will just move in to plug the gap, for they are willing to pay through the roof. Money laundering anyone?
Folks of other countries aspire to building great things, making new scientific and tech discoveries, whilst Sinkies' pathetic notion of success = becoming viral hawkers/ restaurateurs
Botak Cantonese Porridge is also helmed by a woman who took over from her parents, in fact she was previously #notmypresident Halimah's bodyguard before going into the hawker trade.
https://www.thefooddossier.com/2023/07/botak-cantonese-porridge.html
When one has to resort to paying the Shit Times to plug your restaurant, you know things aren't going well.
https://www.straitstimes.com/life/food/tastemakers-former-meat-lover-turns-school-canteen-stall-into-21-million-vegetarian-chain