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Operating a $18,000 a month bazaar

1. Someone complained that the rental of a stall for the Ramadan Bazaar is $18,000 a month, or $600 a day.

2. This is a high rental. The stall operators need to generate revenue of $600 a day just to cover the rental. There is also the cost of workers and the cost of the goods that are sold.

3. The high rental will have to be covered by the high prices paid by customers. The stall operator needs to work long hours to generate enough revenue to cover the cost and hopefully make a profit.

4. Is it feasible to set the stall rental at a modest rate, maybe $3,000 a month or $100 a day. With lower rental, will the stall operators sell their products at lower prices, and make the customer happy with a good deal?

5. There are many stalls in the bazaar. Several stalls will sell similar products, and provide competition. It is likely that the prices will be lower, when the rentals are reduced. This will be good for the stall holders and the customers.

6. If the rentals are kept at a modest rate, instead of “what the market can bear”, how should the stalls be allocated to the applicants?

7. The operator can set a panel to decide on the allocation of the stalls, based on the applications received. The applicants should be a bona fide community organization, business or individual, who have experience in operating the type of stall. If several applicants are suitable, the allocation can be decided by public ballot.

8. The bazaar should be run by a community organization, which has the goal of operating it for the benefit of the community, and not generate the maximum revenue from the rental of the stalls.

9. I hope that the government understands that there is another way of operating a bazaar instead of the “market model”.

 

Tan Kin Lian

 

 

yyy
READER COMMENTS BELOW

12 Responses to “Operating a $18,000 a month bazaar”

  • xoxo:

    EVERYTHING IS BEING *OUTSOURCED* AND GOVT AGENCIE$ ARE JUST SITTING PRETTY AND COLLECTING MORE N MORE MONEY.
    So,the MINISTER IS HAPPY ,THE FINANCE MINISTER IS HAPPY N THE PM CAN $MILE N $QUANDER?
    END RESULT: sgs suffer.
    And,who cares?
    God is watching…

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  • Silly many many:

    Any one want to play shell game?

    18000 is own kaki!

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  • iloveSG:

    Should not make singaporean like tio beh pio!
    We should make singaporean work hard!

    Latest Guangzhou temp workers are willing to get paid between RMB$3~7. They are hungry for job. A number of fresh graduate are willing to pay fees to work as intern in company for 6~12 months without getting paid.

    Singaporean too lazy and fortunate. Eat full everyday want to strike 4D and toto.

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  • Sporeans Keep Govt Employed:

    Sell kueh can cover?

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  • admirer:

    The govt has pushed for a maximum profit and minimum cost model for all GLCs and civil service, even SPF is operating on this.

    We have become a maximum greed nation under this party.

    Say as much as you want, they will say there are people willing to pay. Same as multi million BTO, they said they same thing.

    We can complain this and that, but they wont listen until you vote against them!

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  • Nathan Chen:

    The Muslim community leaders are mostly a bunch of useless and greedy and selfish people. As long as they are able to hold on their priceless position as leaders they will never want to speak out the state of the Malay Muslim community.

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  • xoxo:

    Now,seriously speaking,such *Religious/cultural events shud be the JOUNT PURVIEW OF MSF & MCCY ,IMHO.
    THE G need to set up a department or agency to handle such events to optimse the effects of synergy n ECONOMY OF SCALE.
    From CHINESE NEW YEAR TO HARI RAYA TO OTHER FESTIVITIES ALL ROUND THE YEAR.
    IF SO,cost can be much reduced n sgs do not need to END UP PAYING UNNECESSARY *RENTAL* COST which gets imputed into the final pricing by the,stall-holders.

    We can fund INTEGRATION PARTIES for ALIEN$ BUT WE CANNOT MAKE THINGS CHEAPER FOR sgs celebrating their respective cultural festivities???

    WE ARE MERE HYPOCRITE$.
    WE ARE THE $CHOLAR-GAHMEN WHO PROFFER TO COLLECT MORE MONEY WHILE SHAKING LEGS???

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  • Trust only myself:

    What’s wrong with making more money………….familiar?

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  • Too expensive lah:

    The stall rental is too ridiculous high.
    The result is price goes up and the people suffer.
    Where does the money goes? Who benefits most ?
    Should reduce the rental by at least 50%.Need to step in and not to let the ridiculous situation getting worse.

    The high costs is making the people getting fed up with the situation.

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  • xoxo:

    Now,it can be observed that even at SAF DISPLAY n other such events,tentages are OUTSOURCED.
    Cant SAF train soldiers to build tentage when it can train soldiers to build bridges?
    What happens in time of calamities?
    We need soldiers to help build temporary housing,no?

    Like me observes,EVERYTHING IS BEING OUTSOURCED N THE ONLY (SERVICE) GOVT AGENCIES MOST KEEN TO PROVIDE IS COLLECTING MORE MONEY AS IF IT IS THE ONLY MEASURE OF PUBLIC SERVICE *KPI*!

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  • xoxo:

    In China,soldiers lend their hands to perform various tasks besides military TRAINING.
    Our soldiers especially *TANG CHIAK PENG$* CAN DO BETTER than to drown recruits?

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  • Singaporeans R Free Riders:

    iloveSG:
    Should not make singaporean like tio beh pio!
    We should make singaporean work hard!

    Latest Guangzhou temp workers are willing to get paid between RMB$3~7. They are hungry for job. A number of fresh graduate are willing to pay fees to work as intern in company for 6~12 months without getting paid.

    Singaporean too lazy and fortunate. Eat full everyday want to strike 4D and toto.

    Well said. Singaporean are too lazy.

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