Most people will not know this - hawker upgrading means that the hawker may have to fork out 10k upfront for the temporary location, and this will be used offset monthly rentals in the future. this is why you see old hawkers retiring once and for all, as they cannot afford upfront fees, re-doing their stalls, on top of higher rents after the renovation is completed. Once the retired hawker has transferred or sold off his stall, new rental rates will apply to the new hawker. Now you see why prices go up after renovation.
Wah...if thats the case that means all this upgrading bullshit is but another sneaky method to force the older "rent control" hawkers to give up their allotments and earn more money from the new takeover tenants then....
this really smells like another PAP govt dirty trick... like how they tried to con all the senior citizens to "exchange" their precious HDB flats for monthly stipends... given shit for gold....