Subletting banned to keep hawker food prices affordable

Seven new hawker centre sites have been identified in the following towns: Bukit Panjang, Yishun, Pasir Ris, Jurong West, Woodlands, Punggol and Tampines.

Stallholders are required to operate the stall personally for at least four hours a day, but will be allowed to have a co-operator to run the stall for the other half of the day.

Addressing concerns that the existing Stall Assignment Scheme "allows speculators to profit and drive up food prices", non-subsidised stallholders will also not be allowed to assign their stalls to someone else.

These new restrictions will take effect from April 1.

Changes to existing hawker tenancy policies will apply to both current and new hawker centres.

New policies like the building of new hawker centres and provision of more stalls will also help moderate food prices.

For the current stallholders in existing centres, the no full-day subletting and no stall assignment conditions will apply to tenancy renewals three years from now to allow stallholders reasonable time to make business adjustment. There will be no change in policy for subsidised stallholders.

ORIGINAL SOURCE
Content used in this not-for-profit blog remain the property of their respective owners.