Increase Amount
Samples of Rent Increases for Graded Shops in Mark III to V Blocks
Samples
Increase amount
No. of shops
% of shops
Area
Typical trade
($ per month)
(m2)
Current rates ($ per month)
Existing inclusive rent ($ per month)
Proposed inclusive rent ($ per month)
below $101
3,725
67.15
11
garments
75.80
128
171
$101-$150
1,342
24.19
26
electrical appliances
137.50
372
492
-
$151 $200
306
5.52
26
provision store
178.80
504
672
$201 $250
104
1.87
30
medicine store
210.00
758
1,004
$251 - $300
19
0.34
30
electrical appliances
332.70
870
1,162
$301-$350
32
0.58
40
garments
over
$350
19
0.34
127
restaurant
Total
5,547
100.00
373.30
894
1,198
447.10
3,176
3,970
Annex B