• IP addresses are NOT logged in this forum so there's no point asking. Please note that this forum is full of homophobes, racists, lunatics, schizophrenics & absolute nut jobs with a smattering of geniuses, Chinese chauvinists, Moderate Muslims and last but not least a couple of "know-it-alls" constantly sprouting their dubious wisdom. If you believe that content generated by unsavory characters might cause you offense PLEASE LEAVE NOW! Sammyboy Admin and Staff are not responsible for your hurt feelings should you choose to read any of the content here.

    The OTHER forum is HERE so please stop asking.

Jialat: Marina Square Emporium Shokuhin owes rentals & electricity bills $930K

M

micromachine

Lieutenant General
Loyal
Joined
Oct 7, 2014
Messages
3,830
Points
113
ST_20180925_SEEMPORIUM25C9GB_4301595.jpg


It was billed as a mega emporium with markets and restaurants, a gourmet paradise catering to Singaporeans' love of all things Japanese, but the fate of Emporium Shokuhin at the Marina Square Shopping Mall now hangs in the balance.

Epicurean Concepts Marina Square, the company at the core of the emporium, filed for judicial management last week, saying it was unable to pay its debts of more than $1 million. It indicated it had a potential investor for the business, and its application for judicial management would protect it from its creditors in the meantime.

More at
Fate of Marina Square's Emporium Shokuhin uncertain as debt exceeds $1m
 
AhMeng said:
Things sell so ex. Who will buy. Lol :biggrin:
Click to expand...

Not only that, nowadays people buy on-line, rarely they go to the shopping malls. I admit, I don't like on-line shopping, but of late, had been buying on-line in Singapore. I have shopped eBay for years & Amazon.
 
Reported in ST of Nov 27, 2016 that Lim Li-Wei , an engineer by training and a former SAF scholar was the CEO.
Not sure( as I have no inside info) if this is another example of scholar engineer who cannot do business (like one Desmond or Ms Ho) or the continuing saga of too many shopping malls (with the same boring shops) AND high rentals ( relative to other countries) that kill so many business already.
Unfortunately private sector cannot say its long term investments and ask for 10 to 20 years before a judgement is made, unlike GIC/Temasek that also have the luxury of using other people (meaning our tax) monies and still rake in super high remuneration.
 
It's located at a weird basement part of Marina Square. Trust me, u wouldn't know this is part of Marina Square. You will only see it if u drive and let someone drop off at the nearby dropoff point.
 
Scrooball (clone) said:
It's located at a weird basement part of Marina Square. Trust me, u wouldn't know this is part of Marina Square. You will only see it if u drive and let someone drop off at the nearby dropoff point.
Click to expand...
location is very important in this kind of business. twg has a high-priced eatery section for tea snobs yet it can attract hungry and thirsty ghosts to pay $69 per person for tea, scones and sandwiches from 2pm to 5pm (after lunch and before dinner) due to its very visible location in the middle of a busy high end shopping area. they target high ses locals and well heeled tourists shopping and staying at marina bay sands. even though there are some empty tables they are in no rush and make you wait in line. these customers want to be seen by others as they bite into macarons and sip 1837 white tea. many gook, jap and tiong milfs with rich hubbies.
9nAUhKPGQKeazVx1acZ3iw.jpg
 
Reits will mati together with Emporium Shokuhin. Haha:biggrin: Marina Square which REIT huh? :biggrin:
 
Last edited:
AhMeng said:
Reits will mark together with Emporium Shokuhin. Haha:biggrin: Marina Square which REIT huh? :biggrin:
Click to expand...
marina square is so yesterday. must relocate to inside the waterfall at changi jewel to remain relevant. that bread street kitchen by gordon ramsay at mbs is now totally blocked from the bay view by construction. apparently a taller structure is cumming up right in front of the light show at the water’s edge. every biz is trying to grab the best location and prevent others from having visibility. very tough biz.
 
Satay club will be a success anywhere its located. But must have a bar to supply the drinks.
 
Low SES lack taste to appreciate such high RES Jap stuff.

Should have open Chicken shop selling ATB/Vietbu with Low crass Zhichar and Durian.
 
I just heard from a Collick that Don Don Don will open their next outlet at City Square Mall, next to Mustafa. They will take over the bankrupted Toy R Us huge space in the mall.

Jipun Fight Ah Neh for 24 hour business.. lol :biggrin:
 
AhMeng said:
I just heard from a Collick that Don Don Don will open their next outlet at City Square Mall, next to Mustafa. They will take over the bankrupted Toy R Us huge space in the mall.

Jipun Fight Ah Neh for 24 hour business.. lol :biggrin:
Click to expand...
In this case, both complement each other. Both will prosper and attract more than double number of visitors.
 
AhMeng said:
I just heard from a Collick that Don Don Don will open their next outlet at City Square Mall, next to Mustafa. They will take over the bankrupted Toy R Us huge space in the mall.

Jipun Fight Ah Neh for 24 hour business.. lol :biggrin:
Click to expand...
But the area ratio is more abnn seeking mustafa low price stuff.
Atas wannabe will not enter the zone, don don likely to fail.:biggrin:
 
no_faith said:
But the area ratio is more abnn seeking mustafa low price stuff.
Atas wannabe will not enter the zone, don don likely to fail.:biggrin:
Click to expand...
Mustafa is almost or if not, has already become a tourist attraction. Singapore has become such an expensive city for visitors from neighbouring countries. I guess Don Don Donki is taking advantage of the next to Mustafa location at City Square Mall and making a bet with tourist volumes there. :D
 
Next to Mustafa can do all the 24hour business. Ginfreely can open one health center.
 
You must log in or register to reply here.
Back
Top