Changes to rules on Sublet of Hawker/Mkt stalls

Effective from 1-Apr-2012 :


1) Subletting of hawker and wet market stalls will no longer be allowed

.ie. Hawkers who rented stalls at market rate from the Govt, then sublet the stall to another tenant at a higher price, and pocket the difference.

Current stallholders have up three years to comply, or when existing Tenancy Agreement expires from 1-Apr onwards.

The rule change will affect only non-subsidised stalls - it is "illegal" for subsidised stallholders to sublet their stalls.



2) New policy - 'Joint Tenancy'.

ie. each stall can have two tenants, as long as each stallholder personally operates the stall for at least four hours a day - with no full-day subletting



3) Min/Reserve rent

No more Min/Reserve rent will be set. Vacant stalls will be allocated to the highest bidder even if the price is low, as long as there is more than one bid.




.