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NEIGHBOURHOOD
Look: Daiso City Square Mall Sees Long Queue as Price Hike Looms
by: The Beat Asia
April 29, 2022
People flocked to a Daiso outlet on April 28 to take advantage of cheap prices before an expected increase next month.
In a TikTok video reposted on Reddit, a long line of people queuing up for payment can be seen at Daiso City Square Mall. The last-minute shopping comes days before the Japanese budget retail store is expected to raise its prices, much to shoppers’ dismay.
Effective May 1, Daiso will implement a 15-tier pricing system. The prices are pegged to the Japanese yen and ranges from S$2.14 to S$25.47, effectively scrapping the S$2 promo it has been known for since 2003. The upcoming price hike will take into account the Goods and Services Tax (GST), which is set to go up next year.
With 29 stores across Singapore, Daiso is known for selling homeware items, gardening and DIY tools, and small electric goods at affordable prices.
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