The Government regularly reviews and improves its measures to moderate hawker stall rents, he added.
According to an NEA survey in 2023, the cost of food ingredients accounted for nearly 60 per cent of operating costs.
Their motion had called on the Government to review its policies relating to hawkers and the management of hawker centres to provide better support for hawkers to sustain and grow Singapore’s hawker culture so that Singaporeans can continue to enjoy good and affordable hawker food. Manpower costs take up about 20 per cent, while rental costs make up less than 10 per cent of operating costs, he added.
There is no reserve rent or minimum bid price, which means bidders can obtain stalls at low rental rates. He added that occupancy rates for cooked food stalls have remained high, averaging above 95 per cent. The authorities will be making available more information and online business cost estimation tools, as announced earlier in November.
“We have to be quite careful not to abandon a system that has actually worked quite well and benefited many hawkers just because of a small number of outliers,” he said.
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