Setup co-operative (petrol station, swimming complex, cinema,seafood restaurant)

[bacteria]

If there's any facilities that can be profitable in Punggol, residents can setup a co-op, and build the facilities ourselves. That's provided its commerically viable; otherwise the co-op will go bankrupt anyway.

i think cinemas won't work.. but who knows.. maybe it will be a hit in Punggol. any one with business experience, veterans in any of the above.. petrol stations, restaurants etc.. pls report in, and share your experience.

setting up a bank for example, as a start.. would be great.. usually profitable. then the bank can invest within Punggol in viable businesses.

[ling]

wow abit ambitious hor... how to do it?

[aimnfire]

If there's any facilities that can be profitable in Punggol, residents can setup a co-op, and build the facilities ourselves. That's provided its commerically viable; otherwise the co-op will go bankrupt anyway.

i think cinemas won't work.. but who knows.. maybe it will be a hit in Punggol. any one with business experience, veterans in any of the above.. petrol stations, restaurants etc.. pls report in, and share your experience.

setting up a bank for example, as a start.. would be great.. usually profitable. then the bank can invest within Punggol in viable businesses.

ambitious yes
realistic no

cause too many red tape in the approving sector

[vincentchua2412]

If it's profitable,NTUC will already be doing it.
Why do you think no one is doing it? Look at the 64+ coffee shop area,the nos. of shop opening and closing,we still lacking the mass.

Punggol 21 years later.