Singaporeans can look forward to new hawker centres to be built in seven towns over the next five years, as announced by Grace Fu, Senior Minister of State for the Environment and Water Resources.
The towns that will receive one hawker centre each are Yishun, Punggol, Bukit Panjang, Jurong West, Pasir Ris, Tampines and Admiralty.
Along with this, several measures will be introduced to minimise costs for stallholders and reduce food prices, announced Fu during the debate over the ministry's budget.
Beginning 1 April, new stallholders can no longer practise full-day sub-letting and assignment, reducing speculation, which is a practice that has led to higher rentals. In line with these new conditions, current stallholders get a three-year adjustment period.
Joint tenancies will also be allowed, eliminating the single-tenancy rule. The government will also do away with the reserve rent while the tender for vacant stalls is on-going, meaning that the highest bidder could get a stall even if he bids below market price.
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