The Chinese media reported recently that the upgrading project at Bras Basah Complex has stalled and many of the business owners there are frustrated with the numerous delays that have affected their business.
HDB, however, denied that upgrading work has completely stopped, claiming instead that it is merely “reviewing” the scope of the project.
The 34-year-old Bras Basah Complex was included in HDB’s Revitalisation of Shops Scheme (ROS) 5 years ago. Under the scheme, HDB was supposed to help retailers upgrade the shopping environment and carry out promotions. The ROS scheme had 3 components: co-funding for upgrading of common area, co-funding for promotional events and rent-free periods for tenants to renovate their shops [Link].
At that time, it was reported in the news that the upgrading project would start progressively from 2010. The scope of work included the relocation of the air conditioning compressors, design of a landmark, facelift of the building’s facade and other works so as to help build a more comfortable and convenient shopping experiences at the Bras Basah Complex.
However, the shop owners interviewed claimed that the first phase of the upgrading project was delayed and commenced work only last year. To date.....http://www.tremeritus.com/2014/11/23/hdb-allegedly-trying-to-back-out-of-deal-with-merchants/
HDB, however, denied that upgrading work has completely stopped, claiming instead that it is merely “reviewing” the scope of the project.
The 34-year-old Bras Basah Complex was included in HDB’s Revitalisation of Shops Scheme (ROS) 5 years ago. Under the scheme, HDB was supposed to help retailers upgrade the shopping environment and carry out promotions. The ROS scheme had 3 components: co-funding for upgrading of common area, co-funding for promotional events and rent-free periods for tenants to renovate their shops [Link].
At that time, it was reported in the news that the upgrading project would start progressively from 2010. The scope of work included the relocation of the air conditioning compressors, design of a landmark, facelift of the building’s facade and other works so as to help build a more comfortable and convenient shopping experiences at the Bras Basah Complex.
However, the shop owners interviewed claimed that the first phase of the upgrading project was delayed and commenced work only last year. To date.....http://www.tremeritus.com/2014/11/23/hdb-allegedly-trying-to-back-out-of-deal-with-merchants/
