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Coconut shakes — some say it’s the new bubble tea. Like their predecessors, they draw large crowds, pandemic or not. Just last week, we endured a 20-people-deep, 30-minute queue to get our cup at popular chain store, Mr Coconut. All in the name of research. And when something is this sought-after, you can bet a humbler version will soon pop up in the heartlands, offering a similar rendition at cheaper prices. Enter three-week-old Colico (abbreviated from “Coconut Delicious Company”) in Toa Payoh Lor 8 Hawker Centre.

Its coconut shake, priced from $3.50, is one of the cheapest around – most of its competitors, including major players like the 20-outlet Mr Coconut, CocoCane and Coconutnut, are peddling the frosty drink at $4.40, and can cost up to $5.50 for the smallest size.

In case you have no clue what a coconut shake is, here’s a quick lesson: it’s coconut pulp, juice and coconut ice cream, blended together till thick and slushy.

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