Number of Hawkers Exiting Trade and How Many Were Due to Impact of Inflation

Debated in Parliament on 20 Mar 2023.

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Leon Perera asked the Minister for Sustainability and the Environment about the number of hawkers exiting the trade in 2022 and the impact of inflation on these exits.
Grace Fu Hai Yien replied that there were 342 cooked food stall tenancy terminations in 2022 in hawker centres managed by the National Environment Agency (NEA) or its appointed operators, averaging 29 per month.
This monthly average is comparable to the pre-COVID-19 period from 2017 to 2019, which had an average of 30 terminations per month.
The vacancy rates in NEA-managed or operator-managed hawker centres have remained low and stable.
The response did not explicitly quantify the specific impact of inflation on hawker exits, focusing instead on overall termination numbers and trends.

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Leon Perera

Mr Leon Perera asked the Minister for Sustainability and the Environment (a) how many exits from the hawker industry occurred in 2022; and (b) what has been the impact of inflation in the past year on the number of hawkers who have exited the industry.

Grace Fu Hai Yien

In 2022, there were 342 cooked food stall tenancy terminations in hawker centres managed by the National Environment Agency (NEA) or NEA-appointed operators. This works out to an average of 29 terminations a month, which is comparable to the monthly average of 30 terminations between 2017 and 2019, prior to the COVID-19 years. Vacancy rates at hawker centres managed by NEA or NEA-appointed operators have continued to remain low and stable.

Summary written by AI (learn more)

Leon Perera asked the Minister for Sustainability and the Environment about the number of hawkers exiting the trade in 2022 and the impact of inflation on these exits.
Grace Fu Hai Yien replied that there were 342 cooked food stall tenancy terminations in 2022 in hawker centres managed by the National Environment Agency (NEA) or its appointed operators, averaging 29 per month.
This monthly average is comparable to the pre-COVID-19 period from 2017 to 2019, which had an average of 30 terminations per month.
The vacancy rates in NEA-managed or operator-managed hawker centres have remained low and stable.
The response did not explicitly quantify the specific impact of inflation on hawker exits, focusing instead on overall termination numbers and trends.

Questions identified by AI (learn more)

Number of Hawkers Exiting Trade and How Many Were Due to Impact of Inflation | PAPERCUTS

Number of Hawkers Exiting Trade and How Many Were Due to Impact of Inflation

Debated in Parliament on 20 Mar 2023.

Summary written by AI (learn more)

Leon Perera asked the Minister for Sustainability and the Environment about the number of hawkers exiting the trade in 2022 and the impact of inflation on these exits.
Grace Fu Hai Yien replied that there were 342 cooked food stall tenancy terminations in 2022 in hawker centres managed by the National Environment Agency (NEA) or its appointed operators, averaging 29 per month.
This monthly average is comparable to the pre-COVID-19 period from 2017 to 2019, which had an average of 30 terminations per month.
The vacancy rates in NEA-managed or operator-managed hawker centres have remained low and stable.
The response did not explicitly quantify the specific impact of inflation on hawker exits, focusing instead on overall termination numbers and trends.

Questions identified by AI (learn more)

Full Transcript

Leon Perera

Grace Fu Hai Yien

Summary written by AI (learn more)

Leon Perera asked the Minister for Sustainability and the Environment about the number of hawkers exiting the trade in 2022 and the impact of inflation on these exits.
Grace Fu Hai Yien replied that there were 342 cooked food stall tenancy terminations in 2022 in hawker centres managed by the National Environment Agency (NEA) or its appointed operators, averaging 29 per month.
This monthly average is comparable to the pre-COVID-19 period from 2017 to 2019, which had an average of 30 terminations per month.
The vacancy rates in NEA-managed or operator-managed hawker centres have remained low and stable.
The response did not explicitly quantify the specific impact of inflation on hawker exits, focusing instead on overall termination numbers and trends.

Questions identified by AI (learn more)

Number of Hawkers Exiting Trade and How Many Were Due to Impact of Inflation

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Questions Identified

Full Transcript

Leon Perera

Grace Fu Hai Yien

Summary

Questions Identified

Number of Hawkers Exiting Trade and How Many Were Due to Impact of Inflation

Summary

Questions Identified

Full Transcript

Leon Perera

Grace Fu Hai Yien

Summary

Questions Identified