Rising land prices squeeze heartland coffee shops, pushing prices up for consumers

Mary Alavanza
Fri, 10 May 2024 10:45:49 +0000
Business, Featured News, heartland coffee shops, high property prices, rising food prices

SINGAPORE: Behind the scenes of increasingly high food prices at heartland coffee shops lies a lesser-known culprit: soaring land prices. As the value of land continues its upward trajectory, a ripple effect is reverberating through the food supply chain, ultimately leading to higher prices for consumers. OrangeTee Advisory Pte Ltd (OrangeTee Advisory), recently announced that …