@channelnewsasia: Ka-Soh, one of Singapore’s oldest independent restaurants, closed its doors for the last time on Sep 28. Every month this year has seen some 250 F&B business closures on average. While there are many owners who cite rents, Knight Frank Singapore’s head of retail, Ethan Hsu, says even a 50 to 100 per cent rent increase may not catch up with the market, if the lease had not been renewed since COVID. With other costs rising too and competition intensifying, small players are fighting to survive. Find out how they can keep afloat in Talking Point’s two-part special — link in bio and comments. #cna #cnainsider #talkingpoint #singapore #singaporefood

AddictedArekksu :

Meanwhile government continues to say rental is not a problem

B :

80 years. I’m sure it was doing well enough to buy their own unit at some point in their prime. Probably bad business decision

LL(揽佬)🍻 :

so many years later....Diana Ser still serves

Simon_sz1 :

Which minister that says rent hike doesn’t affect food price again?

Stevy1003 :

Minister said her studies indicated rental is not the factor of the hawkers problem and skyrocketing of food prices of hawkers foods. I wonder her studies are sponsored by foodfare, kopitiam, broadway or foodloft etc… she never feels the pains felt by the normal families in Singapore. May be her pay is too high, to empathise on the problems faced by normal citizens who earns less.

Lee :

We lost something money can't cover. so sad.

พี่เจ :

Soon Singapore will become America. Cheap processed food with alot of chemicals to bring down cost even more and only have big chain companies that don't care about the people's health. After that healthcare becomes next profit target. Then citizens get milked more and more.

TheTakoyaki92 :

Inspira-sean :

May everything go smoothly for you in whatever path you take next 🙏

🥼missylisa💊🇸🇬 :

rental charges are just crazy

... :

overpriced for that quality, can get better ones from hawker stalls. don't blame on other factors. basic is to keep standard.

jasonshim261 :

F&B industry is very competitive. Worst is employing workers are not easy. Then rent is another big problem. So so so what can be done yeah

Heng Heng :

its overpriced.

naomi :

Can open private home dining business? We will come!

Corinneginger01 :

Yall be safe

singapore_8viator :

Damn

SGPpotato :

15K for rental, really cmi

Timber Wolf Cambodia :

just move location....🥰😁😎

itdeezwutitdeez :

open HBB!

Martin Koh :

Bukit batok blk 155 coffeeshop. stall rental going at $15000 per month .

Assassins Fraternity :

The used to go to place ! 💪

Billy D Majanil :

They face the same problem as nokia.

A99 :

I’ll miss it ! Si chap fishhead 😋😋

Kinnz.C :

The way she said “Wok Hei” 😍

misternyo :

You already made name. Just move out and open somewhere near. Ppl doesnt care if they walk for another 100m to eat.