+- SG Talk (https://sgtalk.net)
+-- Forum: SG Talk (https://sgtalk.net/Forum-SG-Talk)
+--- Forum: Market Talk (https://sgtalk.net/Forum-Market-Talk)
+--- Thread: Identity of buyer behind record $41.6m Tampines coffee shop sale revealed (/Thread-Identity-of-buyer-behind-record-41-6m-Tampines-coffee-shop-sale-revealed)
Pages:
1
2
Identity of buyer behind record $41.6m Tampines coffee shop sale revealed - Bigiron - 17-06-2022
Identity of buyer behind record $41.6m Tampines coffee shop sale revealed
Read more 📍 https://bit.ly/3xXSpcG
Follow @AsiaOnecom for all the latest updates.
RE: Identity of buyer behind record $41.6m Tampines coffee shop sale revealed - Sentinel - 17-06-2022
The previous owner is the one who prófited so why never interview him?
His wife quite pretty but look old
Think interview the wife better, the man quite boring
RE: Identity of buyer behind record $41.6m Tampines coffee shop sale revealed - Blin - 17-06-2022
A Hongkonger, the other bought suntex.
RE: Identity of buyer behind record $41.6m Tampines coffee shop sale revealed - Sline - 17-06-2022
Food price will also increase lo. Customers will fleed
RE: Identity of buyer behind record $41.6m Tampines coffee shop sale revealed - Huliwang - 17-06-2022
This is how the system works....
1. First owner profited $41.6m - X (X is the amount he bought earlier) by selling to this new owner.
2. New owner made the stall holders pay for his purchase by increasing rents by 2 fold.
3. Stall holders pay for their rents by increasing food prices.
Conclusion is consumers pay the 1st owner the obscene profit of $41.6m - X.....
RE: Identity of buyer behind record $41.6m Tampines coffee shop sale revealed - Cmpunk - 17-06-2022
This coffee shop was famous in Tampines for selling the most expensive coffee previously but now I am not sure.
RE: Identity of buyer behind record $41.6m Tampines coffee shop sale revealed - Cmpunk - 17-06-2022
(17-06-2022, 07:55 AM)Huliwang Wrote: This is how the system works....
1. First owner profited $41.6m - X (X is the amount he bought earlier) by selling to this new owner.
2. New owner made the stall holders pay for his purchase by increasing rents by 2 fold.
3. Stall holders pay for their rents by increasing food prices.
Conclusion is consumers pay the 1st owner the obscene profit of $41.6m - X.....
The first owner was very cruel always increase the rent without negotiation and many closed and opened
RE: Identity of buyer behind record $41.6m Tampines coffee shop sale revealed - ArielCasper - 17-06-2022
(17-06-2022, 07:55 AM)Huliwang Wrote: This is how the system works....But all parties have a choice..
1. First owner profited $41.6m - X (X is the amount he bought earlier) by selling to this new owner.
2. New owner made the stall holders pay for his purchase by increasing rents by 2 fold.
3. Stall holders pay for their rents by increasing food prices.
Conclusion is consumers pay the 1st owner the obscene profit of $41.6m - X.....
1) New owner has a choice not to buy
2) Shall holders have a choice to pull out after rental increase
3) Consumers have a choice to buy from other coffeeshops around the area
RE: Identity of buyer behind record $41.6m Tampines coffee shop sale revealed - theold - 17-06-2022
Heartless business man.
RE: Identity of buyer behind record $41.6m Tampines coffee shop sale revealed - Blin - 17-06-2022
(17-06-2022, 07:58 AM)Cmpunk Wrote: The first owner was very cruel always increase the rent without negotiation and many closed and opened
inline b4 the selling price.what.
RE: Identity of buyer behind record $41.6m Tampines coffee shop sale revealed - Niubee - 17-06-2022
SG better tame down these HK bizmen. Jacking up public visited entities...
RE: Identity of buyer behind record $41.6m Tampines coffee shop sale revealed - Blin - 17-06-2022
(17-06-2022, 08:53 AM)theold Wrote: Heartless business man.
want warmth heart go Butan.
RE: Identity of buyer behind record $41.6m Tampines coffee shop sale revealed - singlon - 17-06-2022
no escape sotong
US corp. dola mati
inflate to oblivion
as u ponder upon inflation
sotong get u by:
u own nothing u beri happy
sheeples cannot shake off the psychosis
RE: Identity of buyer behind record $41.6m Tampines coffee shop sale revealed - Ola - 17-06-2022
(17-06-2022, 07:30 AM)Blin Wrote: A Hongkonger, the other bought suntex.
(17-06-2022, 09:09 AM)Niubee Wrote: SG better tame down these HK bizmen. Jacking up public visited entities...
This surname KIONG is from Indonesia, not Hong Kong
Is he from HK?
RE: Identity of buyer behind record $41.6m Tampines coffee shop sale revealed - Tangsen - 17-06-2022
(17-06-2022, 07:28 AM)Sentinel Wrote: The previous owner is the one who prófited so why never interview him?
His wife quite pretty but look old
Think interview the wife better, the man quite boring
Feeling lonely below? …. I burn these for you, have fun
![[Image: 561df3638bbdfb7816ece77f40147bd7.jpg]](https://i.ibb.co/2vMj75v/561df3638bbdfb7816ece77f40147bd7.jpg)
RE: Identity of buyer behind record $41.6m Tampines coffee shop sale revealed - Blin - 17-06-2022
This surname KIONG is from Indonesia, not Hong Kong
Is he from HK?
The Rich have no issue from HK to Indo to Reddit.
RE: Identity of buyer behind record $41.6m Tampines coffee shop sale revealed - WhatDoYouThink? - 17-06-2022
the first owner has found a goondo.
that goondo thought he could find many goondos to rent to.
and these many goondos are confident they can found even more goondos to buy food from them...
so you decide if you want to be one of them
RE: Identity of buyer behind record $41.6m Tampines coffee shop sale revealed - Ola - 17-06-2022
"The chain offers a selection of neighbourhood-friendly lifestyle supermarkets that feature affordable and quality grocery products"
https://shopsinsg.com/u-stars-supermarket-outlets.html
RE: Identity of buyer behind record $41.6m Tampines coffee shop sale revealed - Migrant - 17-06-2022
(17-06-2022, 08:53 AM)theold Wrote: Heartless business man.
Businessmen look at profits
Charities look after the heart.
RE: Identity of buyer behind record $41.6m Tampines coffee shop sale revealed - Odessy - 17-06-2022
Authority should implement heavy profit and sale tax on kopitiam foodcourt and food establishment to safeguard food prices from undue increase because these speculators are driving up burden on households expenses
RE: Identity of buyer behind record $41.6m Tampines coffee shop sale revealed - simpleman - 17-06-2022
(17-06-2022, 07:55 AM)Huliwang Wrote: This is how the system works....
1. First owner profited $41.6m - X (X is the amount he bought earlier) by selling to this new owner.
2. New owner made the stall holders pay for his purchase by increasing rents by 2 fold.
3. Stall holders pay for their rents by increasing food prices.
Conclusion is consumers pay the 1st owner the obscene profit of $41.6m - X.....
Literally passing the buck
RE: Identity of buyer behind record $41.6m Tampines coffee shop sale revealed - Yin yang - 17-06-2022
Yes, bismen's main objectivr is maximise profits, ultimately creating jobs for u , me, every tom, dicck harry...to provide food on the table , education etc for our loved ones.
Never easy to b a successful bizmen, need to fail on average, at least 10 times for a fresh poor hungry joe.
Remember for those ignorant of simple econs n biz in a free mkt economy with min govt interventions...ie, supply, demand play a great part...n willing buyer, seller after doing their intensive backroom calculations, nowadays bizmen using AI to do their complex profit/ loss calculations
RE: Identity of buyer behind record $41.6m Tampines coffee shop sale revealed - babygirl - 17-06-2022
(17-06-2022, 10:20 AM)WhatDoYouThink? Wrote: the first owner has found a goondo.
that goondo thought he could find many goondos to rent to.
and these many goondos are confident they can found even more goondos to buy food from them...
so you decide if you want to be one of them
RE: Identity of buyer behind record $41.6m Tampines coffee shop sale revealed - lylcnn - 17-06-2022
(17-06-2022, 08:53 AM)theold Wrote: Heartless business man.
Heartless evil biz are those china selling poisonous milk powder to children. Tampines one prices transparent no one is forced to buy
RE: Identity of buyer behind record $41.6m Tampines coffee shop sale revealed - Ola - 17-06-2022
(17-06-2022, 11:15 AM)Yin yang Wrote: Yes, bismen's main objectivr is maximise profits, ultimately creating jobs for u , me, every tom, dicck harry...to provide food on the table , education etc for our loved ones.
Never easy to b a successful bizmen, need to fail on average, at least 10 times for a fresh poor hungry joe.
Remember for those ignorant of simple econs n biz in a free mkt economy with min govt interventions...ie, supply, demand play a great part...n willing buyer, seller after doing their intensive backroom calculations, nowadays bizmen using AI to do their complex profit/ loss calculations
Kiong already owned 27 Supermarkets
So it can supply raw food for his Tampines 201 food center
to reap another windfall in other business
RE: Identity of buyer behind record $41.6m Tampines coffee shop sale revealed - Blasterlord2 - 17-06-2022
(17-06-2022, 10:20 AM)WhatDoYouThink? Wrote: the first owner has found a goondo.
that goondo thought he could find many goondos to rent to.
and these many goondos are confident they can found even more goondos to buy food from them...
so you decide if you want to be one of them
But how come these goondos are so rich?
RE: Identity of buyer behind record $41.6m Tampines coffee shop sale revealed - Cmpunk - 17-06-2022
The problem is there are only two Chinese coffee shops and they control the area of street 21 both coffee shops owner seem to be relative.
RE: Identity of buyer behind record $41.6m Tampines coffee shop sale revealed - Sentinel - 17-06-2022
(17-06-2022, 10:10 AM)Tangsen Wrote: Feeling lonely below? …. I burn these for you, have funThese are your family members, why burn them for me? To seek my forgiveness is it?
RE: Identity of buyer behind record $41.6m Tampines coffee shop sale revealed - WhatDoYouThink? - 17-06-2022
(17-06-2022, 06:58 PM)Blasterlord2 Wrote: But how come these goondos are so rich?
shd be luck. inheritance, lotteries, or followed top financial gurus and made from dead cat bounce...
RE: Identity of buyer behind record $41.6m Tampines coffee shop sale revealed - Sentinel - 17-06-2022
(17-06-2022, 07:04 PM)Cmpunk Wrote: The problem is there are only two Chinese coffee shops and they control the area of street 21 both coffee shops owner seem to be relative.
Must complain to your MP - Cheng Li Hui
Over at this precinct, 4 are Malay coffeeshops and only 2 are Chinese coffeeshops
Look at Street 82, Tampines Point West, so many large Chinese coffeeshops, at least 6 of them and at least 3 Malay coffeeshops.
Cheng Li Hui is obviously NOT doing her job, just know how to baby carrying.