Vipartisan bazaars face stiff competition as bazaar slows

He said about eight years ago, he paid between S $8,000 and S $10,000 for a stall space. He is forking out close to S $18,000 for a similar lot.

He has five stalls at the bazaar and has increased his prices by 10 cents in hopes of turning around a profit.

The low take-up rate has led to stiff competition from at least ten other Ramadan bazaars across Singapore, according to the bazaar organisers.

After the flu, many vendors have switched to home-based businesses to sell their products and items.

After the event has ended, businesses who can't afford to pay the rent upfront will be able to give a percentage of their sales to the organisers.

For example, for every $10, we take $2 or $3, depending on the value of the shop space. The costs of setting up the bazaar were up to S $2.5 million this year, he said.