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If wet markets cannot convert to supermarkets, why sell them to Sheng Siong?

Tiu Kwang Yew

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donch know what are true lies or fake lies .

just any o how think---if HDB can rent wet-market stalls to peasants, why sell them to Sheng Siong to rent out again?

Veri funny, scratch heads also donch understand !

you sell to sheng siong, donch think Ah sheng is very rich, the chinese new year show was a show only....still have to borrow money from bank, pay interest, pay maintenance, and many things.....so how, cannot convert to supermarkets, of course still have to rent.

so do here, do there, is about renting out.

but why let sheng siong rents out more expensively when HDB can rent out cheaper right.....i donch know.

voters must be fucking stupid to think ....yeah hor, sheng siong cannot convert to supermarkets....but why buy them to become a liability and a political agenda ?.

tok here and tok there , veri confusing, all about too scare to lose votes.

or a mission impossible failed big time?

even wet markets are also about winning voters now , these PAP HDB bastards !
 
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HDB main objective is to maximise profit ,not to serve the sinkees,I guess many sinkees still have short memories,just like when the MIW give some goodies before the GE,they forgot the sufferings enforced by the bastard MIW,well sinkees deserved to have their heads on the chopping boards ! No pity needed !
 
HDB did not sell the wet markets to sheng Shiong, they sold it to Heeton Holdings Pte Ltd http://www.heeton.com/english/

A 'member' is on the board of directors, & SS is 'market rumoured' to be an upcoming 'member'; due to 'connections'...

Members have their privileges...:D
 
HDB plays taichi. When the outrage against HDB and sheng siong was getting out of hand, they pushed the blame on sheng siong.

And remember , our PM less hates wetmarket very much and all things unclean and dirty, he doesnt want to see them in his singapore
 
Sheng Siong wanted to conert wet market to supermarket but protest by the resident nearby. Then MP and HDB tell Sheng Siong cannot convert to supermarket(Sheng Siong kena stab by behind).
Then Sheng Siong bobian because of the loan from bank purchase the wet market, have to increase rent. Hoping that all tenant will move out. Actually Sheng Siong wanted to increase 100% make the tenant all move out then convert to supermarket. Make sure continue with the plan to set up supermarket.
Blame HDB and MPs selll to Sheng Siong but tell them cannot convert stabbing behind just because protest by resident because election coming.
 
So simple logic,

HDB sells at X dollar to seng shong, seng shong must add more to rake in more money, that is X plus Y dollars, if not how to cover?

HDB is out to make $$$, not build cheap housing for people. In the first place, why sell to seng shong? If not for profits?
 
The Wet Market concept has inefficiencies that offset its benefits.

Stallholders pay low rental to open less than half a day and it remains empty for the rest of the day. In land scarce Singapore, such an inefficient use of land is unjustifiable.
 
Sheng Siong wanted to conert wet market to supermarket but protest by the resident nearby. Then MP and HDB tell Sheng Siong cannot convert to supermarket(Sheng Siong kena stab by behind).

Don't miss the forest for the trees. There's no need to convert to supermarket to make money. Sheng Siong can raise rentals until all stallholders got squeezed out. Then employ cheap FTs to run the stalls. Sheng Siong is in business to sell food produce, whether through supermarket or wet market. With the wet markets, even better, they can cater to both groups of marketing preferences and habits.
 
The Wet Market concept has inefficiencies that offset its benefits.

Stallholders pay low rental to open less than half a day and it remains empty for the rest of the day. In land scarce Singapore, such an inefficient use of land is unjustifiable.

Hi doggy, that is a load of crap. Is that an excuse or are u running out of excuses? :D
 
The Wet Market concept has inefficiencies that offset its benefits.

Stallholders pay low rental to open less than half a day and it remains empty for the rest of the day. In land scarce Singapore, such an inefficient use of land is unjustifiable.

Wah, everything you want super efficient, then start on PAP MPs first. Pay them over $10K a month to do a part time job working only a few hours on certain nights.

How about PAP TC staff, whole day I see them sitting in air-con office chit chatting.

How about Temasek, lost billions and PAP acts like it's no big deal. Where is your fucking sense of proportion????
 
Please la, before you guys argue further, IT IS NOT HDB who sold the wet markets to Sheng Siong. It is Heeton Developement, a pte company.

Sheng Siong DID NOT buy from HDB with conditions to convert.

For conversion of USE, MND and HDB must have input.
 
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