Debated in Parliament on 4 Apr 2022.
The following statements were in the reply given by the Senior Minister of State for Sustainability and the Environment (Dr Amy Khor Lean Suan) at the Sitting of 4 April 2022:
With regard to the last question about rental revision, let me share that we had frozen rental revision for a period when we had the dining restrictions. Actually, when the leases come up for review, the majority – in fact, for the upcoming review from April to June – 96% of the hawker stalls that are up for rental review are either going to experience no rental revision or actually a rental reduction. In fact, 58% of those are actually rental reduction and only about 6% or so, or 14 stalls, would have a rental revision upwards, but that is moderated. So, any rental revision upwards is moderated, capped at about $300, whereas a rental reduction is between $20 and $2,400-odd. [Please refer to “Impact of Higher Electricity and Ingredient Prices on Earnings of Hawkers”, Official Report, 4 April 2022, Vol 95, Issue No 60, Oral Answers to Questions section.]
Written statement by Dr Amy Khor Lean Suan circulated with leave of the Speaker in accordance with Standing Order No 29(5):
I wish to make the following factual correction to my reply given at the Sitting of 4 April 2022. My reply should read as follows:
With regard to the last question about rental revision, let me share that we had frozen rental revision for a period when we had the dining restrictions. Actually, when the leases come up for review, the majority – in fact, for the upcoming review from April to June – 94% of the hawker stalls that are up for rental review are either going to experience no rental revision or actually a rental reduction. In fact, 58% of those are actually rental reduction and only about 6% or so, or 14 stalls, would have a rental revision upwards, but that is moderated. So, any rental revision upwards is moderated, capped at about $300, whereas a rental reduction is between $20 and $2,400-odd.