{"id":11510,"date":"2024-11-12T14:00:00","date_gmt":"2024-11-12T06:00:00","guid":{"rendered":"https:\/\/dollarsandsense.sg\/business\/?p=11510"},"modified":"2024-11-12T14:23:11","modified_gmt":"2024-11-12T06:23:11","slug":"price-guide-cooked-food-hawker-stall-rentals-singapore","status":"publish","type":"post","link":"https:\/\/dollarsandsense.sg\/business\/price-guide-cooked-food-hawker-stall-rentals-singapore\/","title":{"rendered":"[2024 Edition] Price Guide For Cooked Food Hawker Stall Rentals In Singapore"},"content":{"rendered":"\n

Hawker centres in Singapore are a key congregation point for those looking to get a wide selection of food at affordable prices. Usually operated together with a wet market, there are currently 118 NEA-managed hawker centres throughout Singapore.<\/p>\n\n\n\n

As these hawker centres are spread across the island, some are sited in more densely populated areas, thereby commanding a higher rental premium than other hawker centres, which is decided through a bidding process.<\/p>\n\n\n\n

The rental of hawker stalls falls into two categories: market stalls and cooked food stalls. Under the market stalls, you can choose from up to 15 different articles for sale, depending on your trade. This includes vegetables, frozen goods, fresh seafood, beancakes, & noodles, to name a few.<\/p>\n\n\n\n

Under the cooked food stall category, you could choose from 5 different articles of sale, depending on your trade. This includes cooked food, cooked food (Halal), cooked food (Indian cuisine), drinks, and cut fruits.<\/p>\n\n\n\n

For the intent of our article, we will focus on the rental rates for the three types of cooked food.<\/p>\n\n\n\n

First up, let\u2019s look at the price trends of hawker stalls for the cooked food type of sales. You can check out our previous list: [2023 Edition] Price Guide To Hawker Stall Rentals In Singapore<\/em><\/strong><\/a><\/p>\n\n\n\n

To deter high bids for hawker stalls, NEA will be revising the rental renewal policy for successful tenderers from the November 2024 hawker stall tender exercise onwards. It will stagger the downward adjustment of tendered stall rentals over a longer period, instead of an immediate full downward adjustment to the assessed market rent (AMR) at the point of first tenancy renewal. The rental for such hawker stalls will be adjusted downwards by 50% of the difference between their tendered rent and AMR for the second tenancy term.<\/p>\n\n\n\n

NEA will also help prospective bidders make more informed tender bid price decisions by providing more information and online business cost estimation tools to help prospective bidders make better cost and revenue estimates. These will be made available from 2025.<\/p>\n\n\n\n

\"Fair<\/figure><\/div>\n\n\n\n

Average Rentals For Cooked Food<\/strong><\/h3>\n\n\n\n

Cooked food generally refers to the sale of any type of cooked food, including hot and cold desserts.<\/p>\n\n\n\n

We have taken references from the winning bids selected by NEA for cooked food stalls from January to July 2024.<\/p>\n\n\n\n

*Hawker centres that only had a single transaction would not have any low or median prices.<\/p>\n\n\n\n

HAWKER CENTRE<\/strong><\/td>High Price<\/strong><\/td>Low Price<\/strong><\/td>Median Price<\/strong><\/td><\/tr>
BLK 117 ALJUNIED AVENUE 2<\/td> $3,331 <\/td> $2,000 <\/td> $2,666 <\/td><\/tr>
AMOY STREET FOOD CENTRE<\/td> $5,688 <\/td> $2,388 <\/td> $4,500 <\/td><\/tr>
BEO CRESCENT MARKET<\/td> $3,499 <\/td><\/td><\/td><\/tr>
BLK 216 BEDOK NORTH STREET 1<\/td> $6,299 <\/td><\/td><\/td><\/tr>
BLK 16 BEDOK SOUTH ROAD<\/td> $4,889 <\/td><\/td><\/td><\/tr>
BERSEH FOOD CENTRE<\/td> $1,909 <\/td> $855 <\/td> $1,269 <\/td><\/tr>
BLK 665 BUFFALO ROAD<\/td> $1,020 <\/td><\/td><\/td><\/tr>
BLK 163 BUKIT MERAH CENTRAL<\/td> $2,106 <\/td> $2,000 <\/td> $2,053 <\/td><\/tr>
BLK 115 BUKIT MERAH VIEW<\/td> $4,208 <\/td> $3,300 <\/td> $3,754 <\/td><\/tr>
CHOMP CHOMP FOOD CENTRE<\/td> $1,590 <\/td><\/td><\/td><\/tr>
BLK 79 CIRCUIT ROAD<\/td> $2,588 <\/td> $2,000 <\/td> $2,097 <\/td><\/tr>
BLK 89 CIRCUIT ROAD<\/td> $1,688 <\/td><\/td><\/td><\/tr>
COMMONWEALTH CRESCENT MARKET<\/td> $1,339 <\/td> $750 <\/td> $888 <\/td><\/tr>
EAST COAST LAGOON FOOD VILLAGE<\/td> $3,500 <\/td><\/td><\/td><\/tr>
BLK 7 EMPRESS ROAD<\/td> $2,980 <\/td> $2,588 <\/td> $2,791 <\/td><\/tr>
BLK 6 JALAN BUKIT MERAH<\/td> $4,309 <\/td> $4,099 <\/td> $4,204 <\/td><\/tr>
BLK 84 MARINE PARADE CENTRAL<\/td> $10,158 <\/td><\/td><\/td><\/tr>
GOLDEN MILE FOOD CENTRE<\/td> $3,888 <\/td> $2,309 <\/td> $3,188 <\/td><\/tr>
BLK 22B HAVELOCK ROAD<\/td> $2,188 <\/td><\/td><\/td><\/tr>
MAXWELL FOOD CENTRE<\/td> $5,189 <\/td><\/td><\/td><\/tr>
NEWTON FOOD CENTRE<\/td> $5,558 <\/td> $2,479 <\/td> $4,019 <\/td><\/tr>
BLK 85 REDHILL LANE<\/td> $4,250 <\/td><\/td><\/td><\/tr>
BLK 335 SMITH STREET<\/td> $3,800 <\/td> $135 <\/td> $       1,688 <\/td><\/tr>
TAMAN JURONG MARKET & FOOD CENTRE<\/td> $2,733 <\/td><\/td><\/td><\/tr>
BLK 11 TELOK BLANGAH CRESCENT<\/td> $3,489 <\/td><\/td><\/td><\/tr>
BLK 93 TOA PAYOH LORONG 4<\/td> $4,009 <\/td> $3,598 <\/td> $3,804 <\/td><\/tr>
BLK 17 UPPER BOON KENG ROAD<\/td> $2,689 <\/td><\/td><\/td><\/tr>
BLK 531A UPPER CROSS STREET<\/td> $3,308 <\/td><\/td><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Read Also: <\/strong><\/em>Hawkers Succession Scheme: How Old Hawkers Can Pass On Their Hawker Traditions To The Next Generation<\/em><\/strong><\/a><\/p>\n\n\n\n

Average Rentals For Halal Cooked Food<\/strong><\/h3>\n\n\n\n

Next, we shall look at the rental rates for halal-cooked food stalls. <\/p>\n\n\n\n

Non-Muslims who wish to operate a halal-cooked food stall must obtain a Halal certification from MUIS before they can start selling halal food. <\/p>\n\n\n\n

Similarly, we have taken references from the successfully tendered prices for halal-cooked food stalls from January 2024 to July 2024 and rounded off to the nearest dollar.<\/p>\n\n\n\n

*Hawker centres that only had a single transaction would not have any low or median prices.<\/p>\n\n\n\n

HAWKER CENTRE<\/strong><\/td>High Price<\/strong><\/td>Low Price<\/strong><\/td>Median Price<\/strong><\/td><\/tr>
AMOY STREET FOOD CENTRE<\/td> $2,507 <\/td> $2,088 <\/td> $2,298 <\/td><\/tr>
BEDOK FOOD CENTRE<\/td> $4,850 <\/td><\/td><\/td><\/tr>
BLK 216 BEDOK NORTH STREET 1<\/td> $2,288 <\/td><\/td><\/td><\/tr>
BLK 511 BEDOK NORTH STREET 3<\/td> $2,100 <\/td><\/td><\/td><\/tr>
BLK 630 BEDOK RESERVOIR ROAD<\/td> $300 <\/td><\/td><\/td><\/tr>
BLK 29 BENDEMEER ROAD<\/td> $4,688 <\/td><\/td><\/td><\/tr>
BEO CRESCENT MARKET<\/td> $1,658 <\/td><\/td><\/td><\/tr>
BERSEH FOOD CENTRE<\/td> $565 <\/td><\/td><\/td><\/tr>
BLK 665 BUFFALO ROAD<\/td> $2,500 <\/td><\/td><\/td><\/tr>
BLK 120 BUKIT MERAH LANE 1<\/td> $3,000 <\/td><\/td><\/td><\/tr>
BLK 41A CAMBRIDGE ROAD<\/td> $1,965 <\/td><\/td><\/td><\/tr>
BLK 3 CHANGI VILLAGE ROAD<\/td> $786 <\/td><\/td><\/td><\/tr>
CHOMP CHOMP FOOD CENTRE<\/td> $888 <\/td><\/td><\/td><\/tr>
GOLDEN MILE FOOD CENTRE<\/td> $650 <\/td><\/td><\/td><\/tr>
BLK 347 JURONG EAST AVENUE 1<\/td> $1,509 <\/td><\/td><\/td><\/tr>
BLK 50A MARINE TERRACE<\/td> $5,061 <\/td><\/td><\/td><\/tr>
MAXWELL FOOD CENTRE<\/td> $3,001 <\/td><\/td><\/td><\/tr>
BLK 335 SMITH STREET<\/td> $1,000 <\/td> $300 <\/td> $505 <\/td><\/tr>
BLK 6 TANJONG PAGAR PLAZA<\/td> $1,800 <\/td><\/td><\/td><\/tr>
BLK 22 TOA PAYOH LORONG 7<\/td> $1,500 <\/td><\/td><\/td><\/tr>
BLK 503 WEST COAST DRIVE<\/td> $2,377 <\/td> $1,800 <\/td> $2,089 <\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Read Also: <\/em><\/strong>Halal Certification For F&B Businesses: How To Apply & How Much It Costs<\/em><\/strong><\/a><\/p>\n\n\n\n

Average Rentals For Indian Cuisine<\/strong><\/h3>\n\n\n\n

Indian cuisine is the third and final type of cooked food stall that you can operate. Examples of Indian cuisine include vadai, thosai, roti prata, and nasi briyani.  <\/p>\n\n\n\n

We have again taken reference from the successfully tendered prices from NEA for Indian Cuisine cooked food stalls from January 2024 to July 2024 and rounded off to the nearest dollar.<\/p>\n\n\n\n

*Hawker centres that only had a single transaction would not have any high or low tendered prices.<\/p>\n\n\n\n

HAWKER CENTRE<\/strong><\/td>High Price<\/strong><\/td>Low Price<\/strong><\/td>Median<\/strong> Price<\/strong><\/td><\/tr>
AMOY STREET FOOD CENTRE<\/td> $3,588 <\/td><\/td><\/td><\/tr>
BLK 117 ALJUNIED AVENUE 2<\/td> $350 <\/td><\/td><\/td><\/tr>
BLK 341 ANG MO KIO AVENUE<\/td> $2,300 <\/td><\/td><\/td><\/tr>
BLK 630 BEDOK RESERVOIR ROAD<\/td> $750 <\/td><\/td><\/td><\/tr>
BLK 665 BUFFALO ROAD<\/td> $1,818 <\/td><\/td><\/td><\/tr>
BLK 163 BUKIT MERAH CENTRAL<\/td> $238 <\/td><\/td><\/td><\/tr>
BLK 115 BUKIT MERAH VIEW<\/td> $1,501 <\/td> $888 <\/td> $1,195 <\/td><\/tr>
BLK 80 CIRCUIT ROAD<\/td> $257 <\/td><\/td><\/td><\/tr>
COMMONWEALTH CRESCENT MARKET<\/td> $103 <\/td><\/td><\/td><\/tr>
BLK 69 GEYLANG BAHRU<\/td> $2,189 <\/td><\/td><\/td><\/tr>
BLK 22B HAVELOCK ROAD<\/td> $689 <\/td><\/td><\/td><\/tr>
BLK 105 HOUGANG AVENUE 1<\/td> $2,201 <\/td><\/td><\/td><\/tr>
BLK 1 JALAN KUKOH<\/td> $138 <\/td><\/td><\/td><\/tr>
BLK 20 MARSILING LANE<\/td> $3,500 <\/td><\/td><\/td><\/tr>
BLK 159 MEI CHIN ROAD<\/td> $500 <\/td><\/td><\/td><\/tr>
BLK 32 NEW MARKET ROAD FOOD CENTRE<\/td> $638 <\/td> $203 <\/td> $208 <\/td><\/tr>
NEWTON FOOD CENTRE<\/td> $675 <\/td><\/td><\/td><\/tr>
SERANGOON GARDEN MARKET<\/td> $501 <\/td><\/td><\/td><\/tr>
BLK 320 SHUNFU ROAD<\/td> $711 <\/td><\/td><\/td><\/tr>
BLK 49 SIMS PLACE<\/td> $1,555 <\/td><\/td><\/td><\/tr>
BLK 531A UPPER CROSS STREET<\/td> $44 <\/td><\/td><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

What You Need To Know When Tendering For A Stall<\/strong><\/h3>\n\n\n\n

If you are ready to start your own hawker stall business, here are some of the conditions that you need to take note of:<\/p>\n\n\n\n

First, if you have successfully tendered for your stall, you will be required to be present at the existing stall to personally conduct or superintend the business, as you will not be allowed to sublet or assign the stall to another person.<\/p>\n\n\n\n

Second, when submitting your tender for the rental of a stall, you should not include the service and conservancy charges, refuse removal fee, licence fees, or Goods and Services Tax (GST). But these costs are payable after you have successfully won the tender for the stall.<\/p>\n\n\n\n

Third, you would only be able to submit one bid per stall and could only rent up to two cooked food stalls in the hawker centres managed by NEA.<\/p>\n\n\n\n

Fourth, your tender deposit, which is equivalent to one month\u2019s tendered rent, would be forfeited if you withdrew your tender after the closing date but before the award of the tenancy.<\/p>\n\n\n\n

Lastly, you should note that there is no certainty that NEA will pick the highest tender or any offer.<\/p>\n\n\n\n

Read Also: <\/em><\/strong>Guide To Start A Hawker Stall Business In Singapore<\/em><\/strong><\/a><\/p>\n\n\n\n

Factors That You Must Consider When Bidding For A Hawker Stall<\/strong><\/h3>\n\n\n\n

When bidding for a hawker stall, you should take into consideration the popularity of the particular dish that you intend to serve based on the demographics that patronise the hawker centre. You should also consider your competition within the same hawker centre and the foot traffic to gauge your potential bid.<\/p>\n\n\n\n

Read Also: <\/em><\/strong>Price Guide To Hawker (Cooked Food) Stall Rentals In Singapore<\/em><\/strong><\/a><\/p>\n\n\n\n

After You Have Successfully Tendered Your Stall<\/strong><\/h3>\n\n\n\n

The hawker stall tender system is based on an open and transparent process. As such, there is no set minimum rental for a hawker stall. Bids could be as low as $1. Nevertheless, it goes without saying that the locations with higher footfalls would have high bids due to the high demand.<\/p>\n\n\n\n

Once the tender is successful, the tenderer would have to sign an agreement for a period of 36 months and have 3 months from the commencement date of the tenancy agreement to commence business at the stall.<\/p>\n\n\n\n

During the three-year tenancy period, the rents are kept unchanged. Upon the end of the tenancy agreement, should the tenderer wish to continue operating the stall, the occupied stall will not be put up for tender again, as it would be disruptive for hawkers who have already built their business and customer base. Instead, rentals will be adjusted based on an independent professional valuation that considers factors such as the footfall of the centre, stall size, and prevailing market conditions to assess the market rental.<\/p>\n\n\n\n

Read Also: <\/em><\/strong>Hawkers Go Digital: How Hawkers Can Get $1,500 By Adopting A Unified SGQR For Cashless Payment<\/em><\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Hawker centre stalls can cost as low as $30 and as high as $10,000 to rent.\n","protected":false},"author":30,"featured_media":11511,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[364],"tags":[422,1749,244,1397,1396],"yoast_head":"\n[2024 Edition] Price Guide For Cooked Food Hawker Stall Rentals In Singapore | DollarsAndSense Business<\/title>\n<meta name=\"description\" content=\"In 2023, successful tenderers of cooked food stalls paid between $853 and $4,726 a month across the 118 NEA-managed hawker centres.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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