Ever wondered how much stall rentals during Ramadhan cost in Singapore? Well here are the details., according to the Minister of State for Home Affairs for next, the rentals at the Geylang Serai Ramadan bazaar will be capped at S$15,000 (US$10,960) per stall, yup and that is to make it affordable, the Minister said on a Facebook post.
The move according to the Ministry comes after vendors complained of high rental costs at this year’s edition, resulting in some struggling to turn in a profit.
According to the organisers of this year’s bazaar, which ran from Mar 17 to Apr 21, the rent for a food and beverage stall ranged between S$14,000 and S$25,000 per month.
“For Bazaar Raya Geylang Serai 2024, we are taking steps to ensure that it is more affordable for our sellers and consumers,” said Dr Faishal, who is also the lead adviser of Wisma Geylang Serai.
“(The rental cap) will benefit consumers by offering items which are more cost-effective,” he added, noting that tenders have opened.
Nearly 200 out of the 700 units were still not taken up four days into this year’s bazaar.
The organisers said that the empty spaces were due to greater competition from other bazaars across Singapore, along with many vendors also pivoting to home-based businesses after the pandemic.
Meanwhile in Malaysia, among the Ramadhan bazaars in Kuala Lumpur rental should be higher due to the scarcity of venues, the local authority charges roughly RM33 per day, which works to around RM1000 per month. In other areas like Subag Jaya
