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Man Bid $1 Each For 2 Tanglin Halt Market Stalls and He win the bid

by Kyle Chen April 21, 2021

Man Bid $1 Each For 2 Tanglin Halt Market Stalls and He win the bid

source google

In Singapore, vacant hawker stalls are put up for tender by National Environment Agency (NEA) and interested hawkers can place their bid during NEA’s monthly tender exercise. While is usually a very uneventful process, one enterprise man has successfully secured two hawker stall in Tanglin Halt Market by just bidding at the price of $1 each. In February 2021, the man known as Jeffery Koh Kao Shin has made a total of four bids for four individual hawker stalls which were all starting with $1 bids and he was the only one to bid for three adjacent stalls at Tanglin Halt Market but he failed to secure the big for a stall at North Bridge Road Market to another individual who bid $28 instead.

However, the other stalls that receive only a single bid will be returned to the tender pool in the following month and the stall will only be awarded to the single bidder if there are no other bidders on the following month. While the $1 bid may seem unusual, it may be common where during March tender exercise, four other individuals bid $1 for their respective stall.

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