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PARLIAMENT

House briefs

COFFEESHOPS1.jpg
Patrons at Yong Xing Coffee Shop at Block 155, Bukit Batok Street 11. It has 19 stalls. The coffee shop has reportedly changed hands for $31 million, setting a record for a Housing Board coffee shop.

32 coffeeshops have changed hands since Jan 2010

THERE have been 32 resale transactions involving coffee shops of comparable sizes in Singapore since January 2010, said National Development Minister Khaw Boon Wan.

Ten were for a sum below S$5 million, 12 were