Bukit Timah Market and Food Centre, which comprises dry and wet markets as well as a hawker centre, is set to close in the second half of 2024 to make way for an integrated facility set to be ready at the end of 2029.
Plans published by the agency in October seeking accredited checkers to ensure the structural safety of the project show that the new development will have a similar number of market and hawker stalls as the current market, which opened officially in 1976. This is because the facility was being developed on a “build to lease” model, where rent the stallholders pay to the operator after they move in would offset the cost of the facility’s development.
The Bukit Timah stallholders were later told that PA and other government agencies had drawn up a plan to add two storeys to the interim facility that would make the project financially sound. Asked what these facilities would be and how their addition would make the project viable, PA said the additional uses of the interim development would be announced later.
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