For instance, founder of the The Original Vadai Stephen Suriyah has rented two booths in one location, instead of the four he took up at different parts of the bazaar last year despite the lower rental costs this year.
The vadai shop owner is paying S$15,000 (US$11,000) per booth this year, about S$3,000 less than what he paid in 2023.
His reluctance to take up more space comes from losing over S$100,000 last year, he told CNA.
He added that the low price of his items means he needs to produce a large amount so the stall can make money.
"I'm selling (vadai) for about $1.30 cent per piece. So even if I sell 1,000, it's only S$1,300. That doesn't even cover my rental and manpower costing (per day) for this year," he said, adding that the situation is different for others who may sell items that cost S$10 each.
https://www.channelnewsasia.com/singapore/ramadan-geylang-serai-bazaar-kampong-glam-rental-manpower-overheads-4192106
i just bought some vadai today leh
Sure or not lose so much.
Still stupid to rent at 15k this year as well.. :s22:
CheerS!!!😉
lol $15k per booth
means still need to sell 15000 vadai just to cover rental
he still seems very confident this year leh
Quote from: daryl76 on Mar 13, 2024, 08:12 PMlol $15k per booth
means still need to sell 15000 vadai just to cover rental
he still seems very confident this year leh
today i bought so many vadai and other stuff wanted to see u free boh then pass u help me eat
coz i too late dont want go back office liao
end up pass to my relative/neighbour
Quote from: default on Mar 13, 2024, 08:14 PMtoday i bought so many vadai and other stuff wanted to see u free boh then pass u help me eat
coz i too late dont want go back office liao
end up pass to my relative/neighbour
today tio jaybee trip so bopian... lol
why u go buy so many?
Quote from: daryl76 on Mar 13, 2024, 08:37 PMtoday tio jaybee trip so bopian... lol
why u go buy so many?
i dunno leh crazy today..... went polyclinic to make appt for specialist. before that bo liao went lavender to buy
then when everything finished a bit late for me to go office since i got MC
Why even bid then? :s22: :s22: :s22:
kp loss yet still bid
really ownself pawn ownself
Quote from: denpahenkan on Mar 13, 2024, 08:57 PMWhy even bid then? :s22: :s22: :s22:
no idea also u see CNY most yrs they say will lose. but this yr they more confident to make money
but nv really read reports saying they make more this yr
maybe nxt yr they will say lose again
Quote from: FireOpal on Mar 13, 2024, 06:23 PMThe vadai shop owner is paying S$15,000 (US$11,000) per booth this year, about S$3,000 less than what he paid in 2023.
"I'm selling (vadai) for about $1.30 cent per piece. So even if I sell 1,000, it's only S$1,300. That doesn't even cover my rental and manpower costing (per day) for this year," he said, adding that the situation is different for others who may sell items that cost S$10 each.
https://www.channelnewsasia.com/singapore/ramadan-geylang-serai-bazaar-kampong-glam-rental-manpower-overheads-4192106
But SGD 15k is for 1 mth rental is it?
I see online say Geylang Serai Bazaar open from 8 Mar till 10 April
So 15k divide by 30 days is sgd 500 per day
He rented two booths at $15k each. Total $30k for around 30 days.
https://saltandlight.sg/business/i-am-not-a-smart-businessman-its-god-whos-been-there-for-me-original-vadais-stephen-suriyah/
Actually is still cheaper than cny for sure. But i nv go the geylang serai one.... i think once pass by only. Worth going?
Then this yr kampong glam got new one?
Quote from: default on Mar 13, 2024, 08:56 PMi dunno leh crazy today..... went polyclinic to make appt for specialist. before that bo liao went lavender to buy
then when everything finished a bit late for me to go office since i got MC
i find it ok ok only
last time maybe still good but once they gain popularity, thats it man!!
i read that kampong glam is long ago liao
wah kao i live nearby also no go b4
the paya lebar one also nv go
Quote from: default on Mar 14, 2024, 11:15 AMi read that kampong glam is long ago liao
wah kao i live nearby also no go b4
the paya lebar one also nv go
kampong glam one is super old school last time, u know where my dad used to stay... we go often last time but not anymore
the prices are just crazy, not worth the hassle at all... knn treat us peasants like kumgong.. those old school kampong food add a few stuff become fusion and wanna charge premium prices
JB alot more night markets.
Quote from: FireOpal on Mar 14, 2024, 02:33 PMJB alot more night markets.
and more authentic also
simply no desire to go any of those here
Quote from: default on Mar 13, 2024, 10:39 PMno idea also u see CNY most yrs they say will lose. but this yr they more confident to make money
but nv really read reports saying they make more this yr
maybe nxt yr they will say lose again
They ownself want to be stupid is their own problem already. :s22: :s22: :s22: By bidding it they are encouraging those landlords to chop them carrot even more loh.
Quote from: denpahenkan on Mar 14, 2024, 07:41 PMThey ownself want to be stupid is their own problem already. :s22: :s22: :s22: By bidding it they are encouraging those landlords to chop them carrot even more loh.
in this case, landlord is wisma geylang whos part of PA
song bo? PA take money from taxpayers, den charge rental to merchants who charge ppl for mediocre food
Quote from: daryl76 on Mar 14, 2024, 07:44 PMin this case, landlord is wisma geylang whos part of PA
song bo? PA take money from taxpayers, den charge rental to merchants who charge ppl for mediocre food
Sad state of SG nao tbh.
SG not really a place to find good food riao. :spin: :spin: :spin:
Nowadays if JH kia say msia food better I also won't argue riao. Even the KFC in msia tastes better than SG(I no longer eat SG KFC alrd)
Quote from: denpahenkan on Mar 14, 2024, 07:47 PMSad state of SG nao tbh.
SG not really a place to find good food riao. :spin: :spin: :spin:
Nowadays if JH kia say msia food better I also won't argue riao. Even the KFC in msia tastes better than SG(I no longer eat SG KFC alrd)
its all abt money money money now, noone cares abt tradition in food anymore... ppl just wanna make a name quickly and after that just sell the business or find franchisee, i have a friend like that
not that malaysia dun have but not as many, we go often and find some hawkers still helmed by owner and even the kids are carrying on the business
Maybe he dua pao to keep competitors away