97% of HDB coffee shops did not see increase in rents in last five years

The Housing and Development Board did not increase the rent for 97% of its rental coffee shops at renewal over the last five years. The government said it is doing its part to keep meals affordable by regulating rental costs at HDB-owned coffee shops. Of the 776 coffee shops at public housing estates, nearly half are owned by HDB and rented out to operators. Subscribe to our channel here: https://cna.asia/youtubesub Subscribe to our news service for must-read stories: Telegram - https://cna.asia/telegram WhatsApp - https://cna.asia/whatsapp Follow us: CNA: https://cna.asia CNA Lifestyle: http://www.cnalifestyle.com Facebook: https://www.facebook.com/channelnewsasia Instagram: https://www.instagram.com/channelnewsasia Twitter: https://www.twitter.com/channelnewsasia TikTok: https://www.tiktok.com/@channelnewsasia