Tanjong katong complex gonna close?

News just reported but didnt catch the whole thing. K2 move out, where to hoot straps?????? :(

"sellwatch"

News just reported but didnt catch the whole thing. K2 move out, where to hoot straps?????? :(

zhun bo :?: :?: which news say so :?: :(

Dun any how scare ppl oh-kay!



:)

Dunanyhowsay-O!



The lease has been extended another 10 years.

Never hear properly on ch8 news just now. I only see them interview the tenants then finish liao..



So is renew lease ah?

"herzausstahl"

Dunanyhowsay-O!



The lease has been extended another 10 years.

Under the Master Plan 2008 released by the Urban Redevelopment Authority (URA), Paya Lebar Central, which includes Geylang Serai, will be developed into a lively regional centre with a distinct cultural identity.



The area will be a pedestrian-friendly commercial hub with offices, retail, hotels, as well as attractive public spaces.



One of the key features of the development is a new civic centre with a public plaza to be built next to the Geylang Serai Market, tentatively named "Wisma Geylang Serai?.



The 10,000 sqm centre is expected to house a Community Club, a Malay Heritage Gallery, Community Development Council offices and other community-related facilities.



The scheduled completion dates is between 2015 and 2016.



The 2,000 sqm public plaza beside the civic centre will cater to cultural events such as performances as well as community events such as festive activities and bazaars.



Improvements will also be made to the streets and public areas to support the annual Hari Raya bazaar and community activities.



Pedestrian malls along Geylang Road will be also be widened.



The roadworks are expected to be completed in June 2012.



The Malay Village, a private commercial development built in 1989, will be torn down to make way for these new developments when its lease expires at the end of the year.



But to ensure that Malay trades remain in the area, the lease for Tanjong Katong Complex will be extended for another 10 years after the building is upgraded in 2013.

never close rah. extend 10 year lease + upgrade in 2013

Oooohh, looks like rental gonna increase price loh.