Monday, July 28, 2008

Hawker centre 2

$1.2mn temporary site set up
170 out of 380 hawkers opt to continue business at temporary site
Each hawker pays S$5000 to 9800 for 16 mths of usage
Assuming average hawker pays $7500 ie month rental is $625

170 x 7500 = $1,275,000

Zero govt subsidy for temporary site?

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