Mong Hing Teochew Restaurant to close in May

[Felipe]

  On 3/22/2013 at 4:53 AM, Watwheels said:

Actually what the difficulties they face are common to other SMEs.

 

so the point of foreigner reduction is to...make companies close down?

[Adrianli]

Been to Mong Hing couple of times, mostly vendor's treat. Me not into food. I just eat. During lunch time, tis restaurant is never full. Cos food court just next door only.

[Lala81]

decided to try this place before it closes down for good.

restaurant business is tough and tiring. i guess they are in their 50s to early 60s liao. time to have a good rest.

[Lala81]

  On 3/22/2013 at 4:06 PM, Sabian said:

I think govt shd just ban this kind of heads I win, tails you lose kind of rental agreement.

 

I don't like REITs. Whether as a consumer/ store operator/ REIT holder.

 

REITs have cornered the market and with monopoly/ cartel pricing power, they foist upon tenants this kind of unfair arrangement.

 

i only own shares in 1 reit. But working in a SME, i agree man. rental kills...

[Kangadrool]

  On 3/22/2013 at 6:04 PM, Felipe said:

so the point of foreigner reduction is to...make companies close down?

 

Rental kills, not lack of manpower.

[Kangadrool]

  On 3/23/2013 at 12:27 AM, Lala81 said:

decided to try this place before it closes down for good.

restaurant business is tough and tiring. i guess they are in their 50s to early 60s liao. time to have a good rest.

 

That's why all the restaurant, foodcourt, kopitiam operators don't want to hands-on or do full-time hands-on. Most operate multiple stalls in various locations, and just want to employ cheap foreign labour. That's why the tightening of foreign labour is hitting them hard now.

 

If you observe carefully, the typical zap chai png stall in kopitaims are quite similar in style, owned by the same boss, with MY or PRC workers manning the stalls, equipped with POS register and CCTV. Everything can be monitored through his/her smartphone. The boss just shake legs, probably has some other sidelines also.

 

There are very few standalone restaurants and food stall operator now.

Edited March 23, 2013 by Kangadrool

[WTF]

  On 3/23/2013 at 4:17 AM, Kangadrool said:

That's why all the restaurant, foodcourt, kopitiam operators don't want to hands-on or do full-time hands-on. Most operate multiple stalls in various locations, and just want to employ cheap foreign labour. That's why the tightening of foreign labour is hitting them hard now.

 

If you observe carefully, the typical zap chai png stall in kopitaims are quite similar in style, owned by the same boss, with MY or PRC workers manning the stalls, equipped with POS register and CCTV. Everything can be monitored through his/her smartphone. The boss just shake legs, probably has some other sidelines also.

sounds just like the bosses behind the whorehouse in Geylang.......

[Scion]

not teochew restaurant, but i like the ambiance of Red Star, the popular dim sum restaurant

 

think it's one of the few restaurants left in Singapore that still have push cart dim sum

 

and its interior hasn't changed much for decades

[Sabian]

  On 3/23/2013 at 12:28 AM, Lala81 said:

i only own shares in 1 reit. But working in a SME, i agree man. rental kills...

I think almost 10 yrs ago, the outgoing CEO of centrepoint, mentioned REITS are insidious.

 

Now it's very obvious. Some REIT will replicate your biz if your biz is easy to replicate and of course, they know how well you have been doing since they pry into your books.

[Maseratigood]

  On 3/22/2013 at 2:43 PM, Kangadrool said:

How to survive unless you are a big conglomerate?

 

Your business good, landlord red eyes, increase rental and wants a share of your profits (like many malls).

Precisely. Landlords or REITS hardly add value to the food or the service, but want to up rentals with the slightest excuse.

[Lala81]

  On 3/23/2013 at 4:17 AM, Kangadrool said:

That's why all the restaurant, foodcourt, kopitiam operators don't want to hands-on or do full-time hands-on. Most operate multiple stalls in various locations, and just want to employ cheap foreign labour. That's why the tightening of foreign labour is hitting them hard now.

 

If you observe carefully, the typical zap chai png stall in kopitaims are quite similar in style, owned by the same boss, with MY or PRC workers manning the stalls, equipped with POS register and CCTV. Everything can be monitored through his/her smartphone. The boss just shake legs, probably has some other sidelines also.

 

There are very few standalone restaurants and food stall operator now.

 

my mum was saying the brothers could probably just be a freelance cook for those chinese restaurants. more seng nang

[Lala81]

  On 3/23/2013 at 5:07 AM, Sabian said:

I think almost 10 yrs ago, the outgoing CEO of centrepoint, mentioned REITS are insidious.

 

Now it's very obvious. Some REIT will replicate your biz if your biz is easy to replicate and of course, they know how well you have been doing since they pry into your books.

 

sigh, dunno why this practice of looking into the accounts of your tenants is not considered illegal.

[Sabian]

  On 3/24/2013 at 9:01 AM, Lala81 said:

sigh, dunno why this practice of looking into the accounts of your tenants is not considered illegal.

Industry best practice mah. You see who the REIT Ong is.

[Happily1986]

  On 3/24/2013 at 8:59 AM, Lala81 said:

my mum was saying the brothers could probably just be a freelance cook for those chinese restaurants. more seng nang

 

long working hours still. very siong.

[I-LOVE-CARS]

  On 3/22/2013 at 2:43 PM, Kangadrool said:

How to survive unless you are a big conglomerate?

 

Your business good, landlord red eyes, increase rental and wants a share of your profits (like many malls).

 

I agree..

[Jman888]

had lunch at Aston keypoint this afternoon, Mong Hing was full house, guess the closing down news has make people rushing for their last visit.

[Jman888]

today lunch time also packed

[Adrianli]

  On 3/25/2013 at 6:29 AM, Jman888 said:

today lunch time also packed

 

Thatz surprising!!! Me work here for years liao, only CNY then pack.