SINGAPORE: When Bukit Timah Market and Food Centre is demolished in 2024, about half of the current 180 stallholders will move to an interim site and pay higher rents to operate there.
CNA reported on Thursday (Nov 9) that the market will be torn down to make way for the Bukit Timah Integrated Development, which is slated to open in the second half of 2029.
The new five-storey integrated development will house Bukit Timah Community Club, the market and food centre, a school sports hall and other amenities.
While the integrated development is being built, a privately operated interim market with 100 stalls will open at 2A Jalan Seh Chuan, which is across the road from the current Bukit Timah Market and Food Centre site.
About 60 hawker stalls and 30 wet market stalls have chosen to move to the interim site, said Mr Loh Chao Kiat, chairman of the committee for the interim hawker centre and market. The deadline to decide passed in 2022.
Stallholders said their considerations include the higher rents, as well as the requirement to sign a lease of five years, and their ability to continue working throughout that lease.
Currently, hawker stall rents at the market vary but generally come up to about S$1,500 (US$1,103). Wet market stallholders pay about S$300. The National Environment Agency (NEA) rents out stalls on three-year leases.
At the interim site, hawkers will pay S$2,350 before the goods and services tax (GST), and wet market stallholders will pay about S$1,000, said Mr Loh.
A mutton soup seller, who only wanted to be known as Mr Tan, chose not to move to the interim site as he was put off by the higher rent and the possibility of forfeiting his lease deposit.
“If the rent is too high, you have to sell your food at a higher price and customers may not come,” the 63-year-old said in Mandarin.
The five-year lease may be an issue for older stallholders in particular, as they will need to keep working so as not to forfeit their deposit.
Mr Tan said he does not have a successor on hand, as his son does not want to take over his stall.