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Stall rentals going up and up at Geylang Serai bazaar
Geylang Serai stallholders blame it on high tender bids by operators to run annual event
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Operators for the major sections of the Ramadan bazaar are chosen via two tenders called by a working committee under the Geylang Serai CCC. This year, one player, BXW, won both tenders with bids worth a combined $2.25 million.
ST PHOTO: SYAMIL SAPARI
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The rising cost of stall rentals at the Geylang Serai bazaar - held annually in conjunction with the Muslim fasting month of Ramadan - has been an issue for several years now.
The cost of renting a 2.7m by 2.7m stall now stands at $20,000, up from $10,000 four years ago.
