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The Bak Kwa Index
In the west, there is the Big Mac Index which tracks prices of Big Macs to compare currencies worldwide. Here in Singapore, Bloomberg has invented the Bak Kwa Index. Prices of the sliced barbequed pork are compared between the 4 major Bak Kwa stores.
There was a short queue of about 15 people today at the crowd favourite Lim Chee Guan in Chinatown. Prices are $38 per kilo for “loose” pieces and $40 per kilo for whole pieces. As Chinese New Year draws nearer, queues are expected to grow longer in the annual affair where people can expect to stand in line for a few hours even as prices are jacked up to $50 or more from the usual $35 per kilo. The “loose” pieces taste better in my opinion.
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[...] This shop got the vote for the best tasting bak kwa in a recent newspaper report but look at the queue – barely 20 people as compared to favourites Lim Chee Guan where people started queueing up at 4am. I’ve always wondered if it’s a case of herd mentality people like to assume that long queue equals the best. To be fair, I have not tasted Kim Hock Guan but will do so after Chinese New Year when prices are not at the crazy levels that they are now. [...]