CQ @ Clarke Quay jacks up rent significantly and refused to budge despite negotiations, thus forcing Señor Taco to cease operations for good.....

[Jalan Kayu]

"Despite our best efforts to find a viable path forward—including negotiations with the landlord, internal cost adjustments, and exploration of new investment—it has not been possible to align the business with the current operating conditions.

The key factor has been the significant increase in rent, which took effect ahead of the anticipated completion of the adjacent CanningHill Piers development."

More at urlr.me/dv7PBw

 

[Hmv]

65% of Sinkie restaurateurs voted to be screwed by ultra sexpensive rents, therefore I don't want to hear any more complaints

 

[syed putra]

May end up like hong kong where shops at premium locations ended up empty due to high rental demand.

 

[Scrooball (clone)]

Who goes to Clarke Quay these days?

Only those who work there.

 

[kulgai]

May end up like hong kong where shops at premium locations ended up empty due to high rental demand.

clarke quay is already quite empty as it is so i'm not sure what the landlord is thinking unless they have some grand plans.

 

[True Believer]

May end up like hong kong where shops at premium locations ended up empty due to high rental demand.

Our greedy landlords are learning from our extremely materialistic PAP politicians; monkey see, monkey do.

 

[True Believer]

clarke quay is already quite empty as it is so i'm not sure what the landlord is thinking unless they have some grand plans.

Perhaps the landlord will finally awake from their slumber when Clarke Quay becomes a ghost town.

 

[True Believer]

65% of Sinkie restaurateurs voted to be screwed by ultra sexpensive rents, therefore I don't want to hear any more complaints

Like the Americans, S'poreans got the govt they deserve by voting for the PAP.

 

[eatshitndie]

Perhaps the landlord will finally awake from their slumber when Clarke Quay becomes a ghost town.

will attract all ghost hunter visitors. millions of them.

 

[bobby]

Who the fuck eats Tacos any way

 

[True Believer]

Who the fuck eats Tacos any way

The trouble is that wanton mee, fish ball noodles, chicken rice, nasi lemak, char kway teow etc. are sold at every damn hawker centre, food court and even aircon eateries.

 

[Eisenhut]

Stupid taco, just pay rent, jack price of food by selling smaller portions and jack up price of drinks

 

[True Believer]

Stupid taco, just pay rent, jack price of food by selling smaller portions and jack up price of drinks

That is life in the most expensive city in the world with a Swiss cost of living, but Third World wages for the hoi polloi.

 

[Hmv]

Our greedy landlords are learning from our extremely materialistic PAP politicians; monkey see, monkey do.

you don't say

 

[worcer]

Soon property prices will crash... those too late will margin call and those dun care will see their property perm drop price shoik!

 

[creampie]

I suggest all tenants of Clark Quay vacate your premises and let this landlord toh

 

[Hmv]

They are all too fucking dumb to do so, besides, where else can they go? It's not like any other part of SG will be cheaper rent-wise

 

[Scrooball (clone)]

Raise rent? Got other businesses so stupid to go and take up the higher rent? Clarke Quay is so dead these days even on weekends. I thought I walked past a cemetery when I was there.

 

[kulgai]

senor taco is one of the few there that's still doing decent business. most others are obviously bleeding. either landlord is delusional or they already have some grandiose plan to replace existing tenants.

 

[True Believer]

senor taco is one of the few there that's still doing decent business. most others are obviously bleeding. either landlord is delusional or they already have some grandiose plan to replace existing tenants.

The landlords are rubbing their hands with glee in anticipation of businesses from China, owned by money launderers, taking over those vacant units.