12/07/2018
To keep prices at coffee shops affordable, the Housing & Development Board will be tendering out such shops using the “Price-Quality Method”.
Under this approach, the evaluation will not just be based on price but also the quality of the proposal, and that includes the affordability of the food options.
A good example is FoodTastic coffee shop in Choa Chu Kang Ave 1, which was launched last year. Their rental bid was 40% less than the highest bid. But they were awarded the tender because of their affordably-priced food options and the use of technology to boost productivity.
Look forward to our residents benefitting from more innovative and affordable coffee shops in the future!
Photo Credit: SPH