‘Takashimaya is a greedy pig’

Posted on 19 February 2013

Singaporeans angry as mall raises rental by more than 50%, causes Coca restaurant to close down.

Bye bye

Bye bye

Coca restaurant, one of Singapore’s most famous steamboat eateries, has closed down on Feb. 17 after 17 years of operation at the fourth floor of Takashimaya Shopping Centre.

The reason for shutting down?

According to the restaurant, they are not renewing its lease as rental is being increased by over 50 percent.

This has caused a lot of unhappiness among food-crazy Singaporeans.

And angry enough for them to dwell on what is wrong with Singapore’s rentier capitalism.

One angry Singaporean, Nina Beh, said: “Takashimaya is a greedy pig. They have deprived the population of steamboat.”

Although no one is heading to Hong Lim Park over this matter just yet, things might be coming to a head.

Another socialist-minded local, Bu Gong Ping, said: “Closing down a restaurant will only bring hardship to the workers. What have they done to deserve this? Why is it unacceptable for Takashimaya to just make slightly less profits?”

This post was written by:

- who has written 2685 posts on New Nation.

Wang Pei can be considered a new citizen of Singapore. She has been here all her life, just that her environment's changed beyond recognition.

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  • God

    errr… landlord should be ngee ann city not takashimaya… but then again accuracy is not important in this site.

    • Snake Eyes

      ^

      @God

      Save us your snarky retort bashing this site.

      Everyone knows that Ngee Ann City is synonymous with Takashimaya as a casual reference. “I’m going to Taka(shimaya)” = “I’m going to Ngee Ann City”.

      Stop being a pedantic twit.

      • Snake Eyes’s God

        Yes thus I added that accuracy is not important in this site which is true… hell… fake news are the basis of this funny site you twat.

      • asd

        Takashimaya is not the shopping center what say ngee ann city la