Sum Yi Tai closes down after landlord insisted on collecting pre Covid-19 rental

TerrexLee

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Popular Cantonese tapas bar Sum Yi Tai has permanently shuttered operations at 25 Boon Tat Street. Previously spanning three storeys within a conservation shophouse that encompassed a ground floor bar, rooftop bar plus cocktail back room, it threw in the towel after six year years, citing rental pressures as a key consideration for doing so.

In a Facebook post dated 14 November 2020, Sum Yi Tai alleged the landlord was most adamant about collecting arrears accrued prior to the Covid-19 outbreak, which it was unable to cough up at present owing to dismal takings during these past few months - circuit breaker period, social distancing protocols and whatnot having largely hampered business conditions.

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More at https://tinyurI.com/yxlwatfd
 
Another nightspot destroyed by the control freaks that are the PAP technocrats. :wink:
 
in malaysia banks were ordered to freeze all loans for 6 mknths. Sinkieland i love it
 
The main issue is if this business is the main bread and butter of the owner and its really a good biz and profitable,,,the priority is always to get ones own commercial space. The landlords etc in singkieland is protected by the pappies as its REITS and they are pap rice bowl,,it will never be sacrificed by pap,,,so do biz in singkieland have to know the game and play it accordingly,,,
 
10968314-1796014683957419-8305780633941415038-n.jpg


Popular Cantonese tapas bar Sum Yi Tai has permanently shuttered operations at 25 Boon Tat Street. Previously spanning three storeys within a conservation shophouse that encompassed a ground floor bar, rooftop bar plus cocktail back room, it threw in the towel after six year years, citing rental pressures as a key consideration for doing so.

In a Facebook post dated 14 November 2020, Sum Yi Tai alleged the landlord was most adamant about collecting arrears accrued prior to the Covid-19 outbreak, which it was unable to cough up at present owing to dismal takings during these past few months - circuit breaker period, social distancing protocols and whatnot having largely hampered business conditions.

SYT.png


More at https://tinyurI.com/yxlwatfd
I never visited before.....
Hahahaha. :biggrin:
 
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