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Serious PAP 2nd Minister Of Muud Faisal Says Over 2 Million People Visited ramadan Bazaar! Vendors Cover Rental After Just 1 Week Of Sales! Rental Quite Low!

JohnTan

Alfrescian (InfP)
Generous Asset
aibazaar0604_4.jpg


SINGAPORE – More than two million people have visited the Geylang Serai Ramadan Bazaar since it opened on March 17, said Minister of State for Home Affairs and National Development Muhammad Faishal Ibrahim.

In a Facebook post on Wednesday, Associate Professor Faishal provided the figure at the halfway mark of the bazaar’s 36-day run, adding: “We are already set to be on record of having the largest number of people coming to a Ramadan bazaar in Singapore.”

The Straits Times has contacted Wisma Geylang Serai, the social and cultural heritage hub in Geylang Serai led by the People’s Association, for details on the existing record attendance at the bazaar.

This year’s Ramadan bazaar is the longest-running one yet. In previous years, the bazaar’s first day usually coincided with the start of the Muslim fasting month. However, the 2023 event began five days earlier to coincide with the festive light-up of Geylang Serai, and will end on the eve of Hari Raya Puasa on April 21.

Other trade fairs or bazaars in Singapore in 2023 tend to run between three and 30 days.

But the Geylang Serai bazaar, which has 700 stalls this year, has been mired in complaints from the start.

A few days into the start of the bazaar, media outlets reported that more than a quarter, or nearly 200, of the stalls had still not been taken up by vendors.

The Straits Times and other media outlets then discovered that rental prices went as high as up to $24,000, which some kebab vendors were paying, despite organisers and Wisma Geylang Serai earlier saying that rental would range from $2,000 to $19,000.

Apart from the high rentals, ST also reported that some stallholders were unhappy about unfulfilled promises from the organisers that they would be the exclusive sellers of a certain food type in a particular zone.

For example, one kebab stallholder said he did not get the exclusivity he was promised after having forked out $24,000 for his stall, and had to compete with another kebab shop less than 50m away. The other kebab seller also allegedly received a verbal agreement from the organisers that there would be no other competitor in the same zone.

Many stallholders were concerned that they would not be able to recoup their investment as they had to pay for the cost of utilities as well. In addition to the rental, all stallholders also paid for incidental costs of between $30 and $3,100, for utilities, water supply, fans, coolers, and tables and chairs.

The bazaar is managed and operated by a consortium made up of S-Lite Event Support, TLK Trade Fair and Events, and Enniche Global Trading.

On Tuesday, the organisers said that the rental costs of its retail stalls (from $2,000 to $12,000) and food stalls ($14,000 to $19,000) are within market rental rates.

2023031852723075b35ba38c-f57d-408d-8b6c-f60205162d64_0.jpg


They added that those who wanted to sell Ramly burgers and kebabs had to pay a premium, as these were deemed premium products – only 20 of the 150 food and beverage stalls sell them.

Ramly burger vendors had to pay a $4,000 premium on top of the $14,000 to $19,000 base rental, while stallholders selling kebabs paid a base rental of $25,000.

202303215574958624723515-c567-4f25-ab7d-bfcfafbaa06d_1.jpg


The organisers said they limited the number of Ramly burger and kebab stalls in the bazaar, because if there are too many stalls selling the same product in the same zone, it could “lead to price wars, which would be highly detrimental to the stallholders” and limit options for visitors.

In his Facebook post, Prof Faishal said some vendors who spoke to him during his visits to the bazaar said “many of the businesses are doing very well, and some have even covered their rental cost after a week”.

https://www.straitstimes.com/singap...-serai-bazaar-at-halfway-mark-faishal-ibrahim
 

Loofydralb

Alfrescian
Loyal
That's the biggest lie. Stalls remain empty and traffic is paltry as compared pre covid.
Tell him Muslims shouldn't lie. Esp in ramadhan. It invalidates their fasting
 

JohnTan

Alfrescian (InfP)
Generous Asset
That's the biggest lie. Stalls remain empty and traffic is paltry as compared pre covid.
Tell him Muslims shouldn't lie. Esp in ramadhan. It invalidates their fasting

Nonsense! Grassroots leaders and myself were there earlier this week. There are a lot of visitors and most of the stalls there are doing a brisk business.
 

searcher1

Alfrescian
Loyal
If next year Bazaar have no takers, then the statement is real, the rent is too high & unable to profit.
However year after year, the rental stall hit new high record & those Vendors are still coming back
So those Vendors have chosen to come pay these prices, so why kpkb high rental, its your choice !

YouChooseWhyKPKB.jpeg
 

Rabbit7

Alfrescian
Loyal
aibazaar0604_4.jpg


SINGAPORE – More than two million people have visited the Geylang Serai Ramadan Bazaar since it opened on March 17, said Minister of State for Home Affairs and National Development Muhammad Faishal Ibrahim.

In a Facebook post on Wednesday, Associate Professor Faishal provided the figure at the halfway mark of the bazaar’s 36-day run, adding: “We are already set to be on record of having the largest number of people coming to a Ramadan bazaar in Singapore.”

The Straits Times has contacted Wisma Geylang Serai, the social and cultural heritage hub in Geylang Serai led by the People’s Association, for details on the existing record attendance at the bazaar.

This year’s Ramadan bazaar is the longest-running one yet. In previous years, the bazaar’s first day usually coincided with the start of the Muslim fasting month. However, the 2023 event began five days earlier to coincide with the festive light-up of Geylang Serai, and will end on the eve of Hari Raya Puasa on April 21.

Other trade fairs or bazaars in Singapore in 2023 tend to run between three and 30 days.

But the Geylang Serai bazaar, which has 700 stalls this year, has been mired in complaints from the start.

A few days into the start of the bazaar, media outlets reported that more than a quarter, or nearly 200, of the stalls had still not been taken up by vendors.

The Straits Times and other media outlets then discovered that rental prices went as high as up to $24,000, which some kebab vendors were paying, despite organisers and Wisma Geylang Serai earlier saying that rental would range from $2,000 to $19,000.

Apart from the high rentals, ST also reported that some stallholders were unhappy about unfulfilled promises from the organisers that they would be the exclusive sellers of a certain food type in a particular zone.

For example, one kebab stallholder said he did not get the exclusivity he was promised after having forked out $24,000 for his stall, and had to compete with another kebab shop less than 50m away. The other kebab seller also allegedly received a verbal agreement from the organisers that there would be no other competitor in the same zone.

Many stallholders were concerned that they would not be able to recoup their investment as they had to pay for the cost of utilities as well. In addition to the rental, all stallholders also paid for incidental costs of between $30 and $3,100, for utilities, water supply, fans, coolers, and tables and chairs.

The bazaar is managed and operated by a consortium made up of S-Lite Event Support, TLK Trade Fair and Events, and Enniche Global Trading.

On Tuesday, the organisers said that the rental costs of its retail stalls (from $2,000 to $12,000) and food stalls ($14,000 to $19,000) are within market rental rates.

2023031852723075b35ba38c-f57d-408d-8b6c-f60205162d64_0.jpg


They added that those who wanted to sell Ramly burgers and kebabs had to pay a premium, as these were deemed premium products – only 20 of the 150 food and beverage stalls sell them.

Ramly burger vendors had to pay a $4,000 premium on top of the $14,000 to $19,000 base rental, while stallholders selling kebabs paid a base rental of $25,000.

202303215574958624723515-c567-4f25-ab7d-bfcfafbaa06d_1.jpg


The organisers said they limited the number of Ramly burger and kebab stalls in the bazaar, because if there are too many stalls selling the same product in the same zone, it could “lead to price wars, which would be highly detrimental to the stallholders” and limit options for visitors.

In his Facebook post, Prof Faishal said some vendors who spoke to him during his visits to the bazaar said “many of the businesses are doing very well, and some have even covered their rental cost after a week”.

https://www.straitstimes.com/singap...-serai-bazaar-at-halfway-mark-faishal-ibrahim


..."S-Lite Event Support, TLK Trade Fair and Events, and Enniche Global Trading." <-would someone do a forensic search, who are the Owners of these three companies ?
 

birdie69

Alfrescian
Loyal
Nonsense! Grassroots leaders and myself were there earlier this week. There are a lot of visitors and most of the stalls there are doing a brisk business.
It has been raining in the past week, Muslims like to go bazaar in the rain, lol
 

borom

Alfrescian (Inf)
Asset
Muslims make up about 15.6% of Singapore's residents ( according to the 2020 census) out of a resident population of 4.04 million , meaning 630,240.
So each resident muslim already visited the fair around 3 times in the last 3 weeks. includig infants, babies and the very old?
Normally you do not see Banglas in these fairs as they are busy with their Pinoy girlfriends
 

laksaboy

Alfrescian (Inf)
Asset
Muslims make up about 15.6% of Singapore's residents ( according to the 2020 census) out of a resident population of 4.04 million , meaning 630,240.
So each resident muslim already visited the fair around 3 times in the last 3 weeks. includig infants, babies and the very old?
Normally you do not see Banglas in these fairs as they are busy with their Pinoy girlfriends

It's also visited by the haram infidels, of course. And maybe some curious tourists. :biggrin:
 
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