Daiso S’pore Fanatics Rush To Stock Up Ahead Of Announced Price Hike On May 1

15-tier pricing system

Other than an additional GST charge, the chain is also implementing a 15-tier price chart, with products ranging from $2.14 (with 7 per cent GST) to $25.47. This tiered pricing is not new since Daiso introduced its Threeppy concept in 2019 (which offers premium items at higher prices). But what took Daiso regulars by surprise was the price increase for the shop’s products that come with a ¥200 tag. Instead of the usual $2, the items will be priced at $4.07 (inclusive of GST) from May 1.

Long queues at Daiso outlets

Unsurprisingly, long queues have started forming at Daiso’s outlets islandwide ahead of the price hike. 8days.sg visited three outlets at Plaza Singapura, Square 2 at Novena and IMM and saw customers rushing to stock up on products. Particularly popular was the storage container section, as well as aisles with travel accessories (like gloves, beanies and pouches) and cleaning supplies.

Plaza Singapura

The line for the cashier at Daiso's Plaza Singapura branch snaked all the way to the back of the store.

Square 2

The usually quiet Square 2 outlet was also bustling with customers.

IMM

At IMM, we noticed a definite air of panicked buying similar to the great Toilet Paper Rush of 2020 before the Circuit Breaker hit. Several shelves were also noticeably empty.

Photos: Yip Jieying