Lady M to open first Singapore outlet

[Jman888]

i thought you were talking about the one at Dataran Pahlawan

 

never tried Nadeja before.

 

Tried Hokkaido Mille Crepe Cake from Pavilion KL, so-so.

 

closed down? they have 2 branches in Melaka leh.

 

not sure if we are talking about the same one.

 

this is the one i talking about.

 

 

 

there is another one similar in malaysia call Mille crepe cake, this one not so nice. Nadeja is much much nicer.

Edited September 5, 2013 by Jman888

[13177]

Looks like crepe cake quite popular in malaysia?!

[Hamburger]

Eaten once....eat again?

 

 

 

 

Next........

[missmarigold]

Anyone tried? How much is it?

[Darthrevan]

Anyone tried? How much is it?

 

$7.50 for a slice of their signature Vanilla Mille Crêpes..the rest of the pastries are either $7.50 or $8 per slice

[Lurpsexx]

 

$7.50 for a slice of their signature Vanilla Mille Crêpes..the rest of the pastries are either $7.50 or $8 per slice

 

Looks like more and more stuff poor peasants like us can see cannot touch... sad.. and in our own country.. so who buys these expensive stuff nowadays? their target clientele certainly not aimed at the locals....

[Icedbs]

 

Looks like more and more stuff poor peasants like us can see cannot touch... sad.. and in our own country.. so who buys these expensive stuff nowadays? their target clientele certainly not aimed at the locals....

 

Locals are rich. Why do you assume that locals are poor?

 

[Celicar]

Locals are poor. Why do you assume that locals are rich?

 

Locals are rich. Why do you assume that locals are poor?

 

 

[Icedbs]

Locals are poor. Why do you assume that locals are rich?

 

 

Simple. When we have the most millionaires in the world per population, one of the highest GDP per capita in the world and most are staying in HDB costing 300-400k each (let's not even go into those multi-millions landed housing which can only be bought by locals), how can the locals be poor?

 

Anyway definition of rich or poor is subjective, but I am sure most locals could afford a $7.50 slice of cake if they want to.

Edited October 26, 2013 by Icedbs

[Celicar]

Then I will tell you real wages are not keeping up with inflation. With the exception of the millionaires, we are getting poorer.

 

Simple. When we have the most millionaires in the world per population, one of the highest GDP per capita in the world and most are staying in HDB costing 300-400k each (let's not even go into those multi-millions landed housing which can only be bought by locals), how can the locals be poor?

Anyway definition of rich or poor is subjective, but I am sure most locals could afford a $7.50 slice of cake if they want to.

 

[Icedbs]

Then I will tell you real wages are not keeping up with inflation. With the exception of the millionaires, we are getting poorer.

 

 

Somehow doesnt go with my observations. For example, just go to any travel fair. The hall will be packed with eager locals who can't wait for their next travel deal.

 

Poor people will have issues getting their 3 meals, they can't be thinking of traveling.

 

There are many more such scenarios. Just look around.

 

IMO, locals are not poor. It's just that they feel they should be getting more and owning more luxuries than they have now.

 

Prices are often a factor of demand and supply. Singapore has approx 70% locals + PR, and 30% foreigners. I don't think that 30% foreigners can dictate price inflation if there is no demand from the other 70%.

Edited October 26, 2013 by Icedbs

[Darthrevan]

 

Looks like more and more stuff poor peasants like us can see cannot touch... sad.. and in our own country.. so who buys these expensive stuff nowadays? their target clientele certainly not aimed at the locals....

 

i feel the question is not about affordability but rather the willingness to pay for a slice of crêpe..and most importantly whether one appreciates the food

[Celicar]

I don't think you have to be at the point that you have to have issues with your 3 basic meals before you are considered poor.

 

Price is a factor of the cost plus the premium. You can be sure that Lady M charges a hefty premium and deliberately so, because it is pitching to a certain crowd which certainly is not the masses. You can be sure it is not going for volume sales. It doesn't care that 70% of the people don't buy from them, as long as the richest 30% or whatever market segment they target does.

 

 

Somehow doesnt go with my observations. For example, just go to any travel fair. The hall will be packed with eager locals who can't wait for their next travel deal.

 

Poor people will have issues getting their 3 meals, they can't be thinking of traveling.

 

There are many more such scenarios. Just look around.

 

IMO, locals are not poor. It's just that they feel they should be getting more and owning more luxuries than they have now.

 

Prices are often a factor of demand and supply. Singapore has approx 70% locals + PR, and 30% foreigners. I don't think that 30% foreigners can dictate price inflation if there is no demand from the other 70%.

 

[Icedbs]

I don't think you have to be at the point that you have to have issues with your 3 basic meals before you are considered poor.

 

Price is a factor of the cost plus the premium. You can be sure that Lady M charges a hefty premium and deliberately so, because it is pitching to a certain crowd which certainly is not the masses. You can be sure it is not going for volume sales. It doesn't care that 70% of the people don't buy from them, as long as the richest 30% or whatever market segment they target does.

 

 

 

Interesting way of thinking. Let me ask you this. Do you think Starbucks, who charges $5-$7 a coffee (obviously with a hefty premium as well) is targeting masses or just that rich segment?

 

Edited October 26, 2013 by Icedbs

[Celicar]

From the working professional with disposable income to spare onward to the richest person in Singapore.

 

Interesting way of thinking. Let me ask you this. Do you think Starbucks, who charges $5-$7 a coffee (obviously with a hefty premium as well) is targeting masses or just that rich segment?

 

[Stary]

From the working professional with disposable income to spare onward to the richest person in Singapore.

 

 

Bro...you are not answering his question leh. So is that masses or just the rich?

 

I personally feel that at $7.50 a slice, it is not targeting the rich la. $7.50 is pretty affordable to most if you ask me.

 

 

[Icedbs]

From the working professional with disposable income to spare onward to the richest person in Singapore.

 

 

I think you must have forgotten that a big part of Starbucks customers are students and youngsters,

 

By not answering my question directly, you knew Starbucks is for the masses even at $5-$7 a coffee. This is why they have many outlets at neighborhood malls where most locals are. If Starbucks is just for the working professional, then they should be found only at office buildings.

 

So ask yourself again, are you sure Lady M cakes at $7.50 a slice is really targeting just the rich? If they sell $75 a slice, I would have agree with you, but at $7.50? Come on. Locals can easily afford that if they really want to and like the cake, and not just the rich.

 

[Lurpsexx]

Well bros.. coming from the family man who earns $3000 a month (for example) to feed his family, $7.50 is a lot to buy a slice of cake rather than feeding his children with rice.. at times, we tend to measure others based on our own yardstick, and while $7.50 may not look a lot for this slice of luxury the same amount can fill a hungry child's stomach with lots of rice and vegetables.. this is even more apparent in countries with big wealth inequality and its sad to see the have and have nots side by side... enjoy your slice of cake...