Take a look at this Kopitiam food court at Tampines Mart! The Snack stall, Pao stall, Keow Chap stall, Western Food stall, Yong Tau Fu stall, Tonic soup stall are have shifted out of this food court immediately after the Chinese New Year in Feb 2008.
A check with the remaining stall holders why is this happening, most said that it's probably due to the increase in rental. Those choose to stay find it hard to survive or breakeven without passing the rent increase to the consumers. Thus a price increase or quantity reduction is inevitable. Finally the Chicken Rice stall had no choice but to increase 30 cents (now $3.30).
All this started since last year when Kopitiam introduced the Kopitiam card cashless payment method. See my previous post here. The 10% discount given to blue card holders are to be absorbed by the stall holder themselves so stall holder at that time started increasing their prices. Some increased as much as 50cents.
Just a few months later, now with the rent increase - how you expect the stall holders who have increased their prices not too long ago, to increase their pricing again? So many choose to leave...
So what is the real reason for so many stall holders choose to leave? Rent increase or what? I don't know either...What am I left to eat now? The whole food court is much quieter and business have dropped tremendously especially during weekdays lunch time. Even with new stall moving in, the pricing will increase again!
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