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Old 8th April 2012, 09:28 AM   #1 (permalink)
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Bottle Tree Park may have to go

Master tenant fails to get lease extended, but can take part in public tender

http://www.straitstimes.com/Breaking...ry_786522.html


The 7ha park opposite Yishun Stadium has a seafood restaurant, a Japanese eatery and facilities for activities such as paintball and fishing, as well as an area for visitors to catch prawns (above).

It shuttered its operations at Bottle Tree Village in Sembawang in February when its lease expired.

But now, the same master tenant may have to let its other operation, Bottle Tree Park in Yishun, go.

After eight years, Planar One & Associates' lease on the 7ha park opposite Yishun Stadium will run out in October, and although it appealed to the Singapore Land Authority (SLA) to extend its lease, the government agency has said no.

In response to queries by The Sunday Times, SLA said it puts up a property for public tender when a tenancy expires, 'for fairness and transparency'.

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Old 8th April 2012, 10:10 AM   #2 (permalink)
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Re: Bottle Tree Park may have to go

I've never been there before, sadly. When will it be gone or when's the last day we can go there?

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Old 8th April 2012, 10:16 AM   #3 (permalink)
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Re: Bottle Tree Park may have to go

Originally Posted by WhiteSpade View Post
I've never been there before, sadly. When will it be gone or when's the last day we can go there?
No idea, but the article states the lease will run out in October, so it is better to go before October ?

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Old 8th April 2012, 10:23 AM   #4 (permalink)
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Re: Bottle Tree Park may have to go

Originally Posted by christmas_ View Post
No idea, but the article states the lease will run out in October, so it is better to go before October ?
If that's the case, 6 more months to make the best out of the park. It's a pity that beautiful places that offer nice scenery like this have to go.

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Old 8th April 2012, 12:32 PM   #5 (permalink)
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Re: Bottle Tree Park may have to go

It is not going to go. Just the lease is open to Public tender instead of priority bid going to original founder.

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Old 8th April 2012, 01:11 PM   #6 (permalink)
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Re: Bottle Tree Park may have to go

Originally Posted by Lautouzhi View Post
It is not going to go. Just the lease is open to Public tender instead of priority bid going to original founder.
Oh is this true? Any evidence?

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Old 8th April 2012, 02:47 PM   #7 (permalink)
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Re: Bottle Tree Park may have to go

Originally Posted by WhiteSpade View Post
Oh is this true? Any evidence?
Can you read the article again instead of asking questions that answers their own? Unless the bidder tear down the freaking place after winning the bid which doesn't make sense at all.

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