Discuss your views about Singapore business & economy, current policies & issues, starting a business in Singapore.
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sodan
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by sodan » Wed, 20 Apr 2011 2:06 pm
Hello there,
I've been trying hard searching for the right forum to post my query. Hope this is right and I can get feedback.
Is anyone knows how and where can I find out any information(or pass transactions) on the price range to tender for shop space leasing offered by SMRT?
Please kindly help!!
Ta~
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nakatago
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by nakatago » Wed, 20 Apr 2011 2:14 pm
Why don't you try calling them?
"A quokka is what would happen if there was an anime about kangaroos."
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sundaymorningstaple
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by sundaymorningstaple » Wed, 20 Apr 2011 2:33 pm
nakatago wrote:Why don't you try calling them?
Yer reckon?

SOME PEOPLE TRY TO TURN BACK THEIR ODOMETERS. NOT ME. I WANT PEOPLE TO KNOW WHY I LOOK THIS WAY. I'VE TRAVELED A LONG WAY, AND SOME OF THE ROADS WEREN'T PAVED. ~ Will Rogers
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nakatago
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by nakatago » Wed, 20 Apr 2011 2:38 pm
sundaymorningstaple wrote:nakatago wrote:Why don't you try calling them?
Yer reckon?

I was able to find the info--space, availability, location, price--myself and I ain't sayin' how.

"A quokka is what would happen if there was an anime about kangaroos."
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sundaymorningstaple
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by sundaymorningstaple » Wed, 20 Apr 2011 3:11 pm
3 whole clicks. Guy must be a good candidate for a distance learning MBA from Yangon University.

SOME PEOPLE TRY TO TURN BACK THEIR ODOMETERS. NOT ME. I WANT PEOPLE TO KNOW WHY I LOOK THIS WAY. I'VE TRAVELED A LONG WAY, AND SOME OF THE ROADS WEREN'T PAVED. ~ Will Rogers
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sodan
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by sodan » Wed, 20 Apr 2011 3:13 pm
don't think can obtain price information from them otherwise won't have this tender thingy right?
help.help.help.
nakatago wrote:sundaymorningstaple wrote:nakatago wrote:Why don't you try calling them?
Yer reckon?

I was able to find the info--space, availability, location, price--myself and I ain't sayin' how.

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ecureilx
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by ecureilx » Wed, 20 Apr 2011 3:43 pm
sodan wrote:don't think can obtain price information from them otherwise won't have this tender thingy right?
Oh dear .. so how do people rent ?? You just sign on a blank paper and hope the number fits what you can afford ??

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sodan
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by sodan » Wed, 20 Apr 2011 5:00 pm
Ooops, that exactly the strategy!! Coz i have no order way to find out the price range and I'm here to ask for H.E.L.P!
ecureilx wrote:sodan wrote:don't think can obtain price information from them otherwise won't have this tender thingy right?
Oh dear .. so how do people rent ?? You just sign on a blank paper and hope the number fits what you can afford ??

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ecureilx
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by ecureilx » Wed, 20 Apr 2011 5:10 pm
sodan wrote:Ooops, that exactly the strategy!! Coz i have no order way to find out the price range and I'm here to ask for H.E.L.P!
So, you will call Pizza Hut to ask for Macdonald's burger prices ?
Never mind ..
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Strong Eagle
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by Strong Eagle » Wed, 20 Apr 2011 5:56 pm
sodan wrote:don't think can obtain price information from them otherwise won't have this tender thingy right?
help.help.help.
nakatago wrote:sundaymorningstaple wrote:
Yer reckon?

I was able to find the info--space, availability, location, price--myself and I ain't sayin' how.

You need to ask other shop owners what they are paying at that location. And, you need to check alternate sites against what is being paid for SMRT spots.
Then, you need to determine your volume of product, mark up you can get away with, and whether or not you can support the rent. A lot of small shops close up very quickly when the owner realizes it takes a large number of $10 and $20 sales just to pay the rent.
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by ecureilx » Wed, 20 Apr 2011 6:11 pm
Strong Eagle wrote:
You need to ask other shop owners what they are paying at that location. And, you need to check alternate sites against what is being paid for SMRT spots. ....
Essentially, he / she needs a business plan before anything

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sodan
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by sodan » Wed, 20 Apr 2011 7:07 pm
I already have the business plan...
ecureilx wrote:Strong Eagle wrote:
You need to ask other shop owners what they are paying at that location. And, you need to check alternate sites against what is being paid for SMRT spots. ....
Essentially, he / she needs a business plan before anything

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sodan
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by sodan » Wed, 20 Apr 2011 7:11 pm
Strong Eagle,
The problem is almost closed to impossible to find out the shop space rental(now or pass transactions) leased by SMRT. I have no clue.
I also tried asking the current shop cashier about the rent. The young school boy just showed me a "don't care" face and said "dunno". I tried the other shop cashier and she said "don't know, is the boss to rent"!!
All I need is just a good location shop space just to start my business. Have almost everything ready.
Strong Eagle wrote:sodan wrote:don't think can obtain price information from them otherwise won't have this tender thingy right?
help.help.help.
nakatago wrote:
I was able to find the info--space, availability, location, price--myself and I ain't sayin' how.

You need to ask other shop owners what they are paying at that location. And, you need to check alternate sites against what is being paid for SMRT spots.
Then, you need to determine your volume of product, mark up you can get away with, and whether or not you can support the rent. A lot of small shops close up very quickly when the owner realizes it takes a large number of $10 and $20 sales just to pay the rent.
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Strong Eagle
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by Strong Eagle » Wed, 20 Apr 2011 7:37 pm
So maybe you need to contact the business owner. Look, you've already said you don't know what a reasonable bid is. I've already told you that there are two components... what you think you could afford, based upon your business plan, and what others are paying.
What's left? This isn't rocket science. Get the name of the owner and find out. What other choice is there, other than bidding an amount your biz plan says will work and seeing if you are successful?
sodan wrote:Strong Eagle,
The problem is almost closed to impossible to find out the shop space rental(now or pass transactions) leased by SMRT. I have no clue.
I also tried asking the current shop cashier about the rent. The young school boy just showed me a "don't care" face and said "dunno". I tried the other shop cashier and she said "don't know, is the boss to rent"!!
All I need is just a good location shop space just to start my business. Have almost everything ready.
Strong Eagle wrote:sodan wrote:don't think can obtain price information from them otherwise won't have this tender thingy right?
help.help.help.
You need to ask other shop owners what they are paying at that location. And, you need to check alternate sites against what is being paid for SMRT spots.
Then, you need to determine your volume of product, mark up you can get away with, and whether or not you can support the rent. A lot of small shops close up very quickly when the owner realizes it takes a large number of $10 and $20 sales just to pay the rent.
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sodan
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by sodan » Wed, 20 Apr 2011 9:47 pm
Strong Eagle,
How can we find out the owner of the commercial shop?
Ta~
Strong Eagle wrote:So maybe you need to contact the business owner. Look, you've already said you don't know what a reasonable bid is. I've already told you that there are two components... what you think you could afford, based upon your business plan, and what others are paying.
What's left? This isn't rocket science. Get the name of the owner and find out. What other choice is there, other than bidding an amount your biz plan says will work and seeing if you are successful?
sodan wrote:Strong Eagle,
The problem is almost closed to impossible to find out the shop space rental(now or pass transactions) leased by SMRT. I have no clue.
I also tried asking the current shop cashier about the rent. The young school boy just showed me a "don't care" face and said "dunno". I tried the other shop cashier and she said "don't know, is the boss to rent"!!
All I need is just a good location shop space just to start my business. Have almost everything ready.
Strong Eagle wrote:
You need to ask other shop owners what they are paying at that location. And, you need to check alternate sites against what is being paid for SMRT spots.
Then, you need to determine your volume of product, mark up you can get away with, and whether or not you can support the rent. A lot of small shops close up very quickly when the owner realizes it takes a large number of $10 and $20 sales just to pay the rent.
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