Party over? Many fancy restaurants shutting down recently

[scroobal]

One seldom hears a restaurant known for its good food closing down. With cheap labour even restaurants with poor food can chug along. Not anymore.

 

[The_Hypocrite]

Yeah heard the lease from MRT is damn unfair to the tenants. And it seems MRT stalls in general are not doing well. But on the + side..if the Biz is not doing well,,can tong 1 year and call it quits. But also for MRT,,its target market is those buy and run type,,,no restaurants etc..so if run MRT shop for food (bread shop, sushi, bubble tea and other take away stuff,,just do simple renovation,,,buy cheaper 2nd hand equipment (quite easy to find since so many restaurants are shutting down,,can buy their stuff easily and cheaply)
than target the MRT commuter market. Do soo super nice for what?
Many good short term makes good long term.

Yes, it however driven by demand. Landlords because of the high demand are no longer prepared to offer long lease. MRT for instance are only prepared to offer 1 year tenancy whereas you find things like 5+5+5 years in some countries and the lease is indexed so the increases are contained.

Space is a premium thus the operating condition.

 

[escher]

Rent is the killer, but its very sad that these biz owners and gahmen always use manpower as an excuse to cut wages etc..FUCK PAP...

PAP standard practise.
Fucking smoke and mirrors as they felt and know Sinkies are fools for voting and voting them
And any fucking lie PAP said will be swallowed even if they remain as fucking lies

MILK AND SCREW AND FUCK SINKIES AIDED BY THEIR FUCKING RUNNING DOGS HERE AND IN STRAITS TIMES
LIE LIE LIE AND LIE AGAIN

THATS THE WAY SMEAR OF SHIT ON SOLE OF SHOE LKY KEPT BILLIONS ROLLING INTO HIS STINKAPORE SOVEREIGN FUNDS AND TO PAY HIS PAP MAGGOTS AND COCKCROACHES AND KANGAROOS AND POLICE HATCHET FUCKERS

and thank you for upping my points. I appreciate that gesture.

 

[THE_CHANSTER]

the one is miss is Sizzlers...did like their salads and soups.

Ponderosa at Plaza Singapura was my favorite Steak/Seafood and buffet salad restaurant as a kid. Quite sad when they completely pulled out of Sinkie.
Quality of food was good value for money.

 

[Thick Face Black Heart]

3rd class cooks, 3rd world wages, but 1st world rentals.

What a combination.

 

[fanta]

I heard that landlords will jack up the rent once the tenant has spent $$$$ to renovate. By then you are stuck with all the expenses & can't run. So if you do decide to join them, don't spend too much.

That is bad landlords. But don't they signed a lease, the landlords can only raise the rent when the lease is up for renewal.

 

[Poomer]

Yeah heard the lease from MRT is damn unfair to the tenants. And it seems MRT stalls in general are not doing well. But on the + side..if the Biz is not doing well,,can tong 1 year and call it quits. But also for MRT,,its target market is those buy and run type,,,no restaurants etc..so if run MRT shop for food (bread shop, sushi, bubble tea and other take away stuff,,just do simple renovation,,,buy cheaper 2nd hand equipment (quite easy to find since so many restaurants are shutting down,,can buy their stuff easily and cheaply)
than target the MRT commuter market. Do soo super nice for what?
Many good short term makes good long term.

The standard of drivel they serve at MRT is appalling. Taste is below average, price is still more expensive than a hawker centre. It seems the only one doing a roaring trade at the MRT station near my place is Old Chang Kee. Can imagine how bad the rest is. Like to special mention Anandas Cafe chain, the set meals are reasonably price, but order extra like luncheon meat can set you back 70 cents, or 3 pieces of fried chicken nugget for a dollar fifty.
Food quality differs between different outlets. The same dish may be decent at one and mediocre at another.

 

[chupacabra]

The figures don't really show how many restaurants are running on fumes. Stuck in their leases and not making a profit. Alot of leases have a clause in it whereby the owners have to revert the restaurant to it's original layout. Which means alot of FnB operators have to spend more money just to close their operations.

Peesai with it's appetite for cheap labour keeps on forgeting that the cuntry still needs people to go out and spend money. With over 1.5 million slave labour in peesai, who is left spending? The cuntry looks vibrant on the outside but empty pockets on the inside.

So in a way all those restaurants whom hire 90% of FT cheap labour, have themselves to blame in contributing to the overpopulation with low spending power.

 

[jw5]

A lot of lay people when they have spare cash like to start their own restaurants / pubs. It is a bit of hobby. Half the time it is fusion food which is euphemism for don't know how to cook a proper meal. The number of rich kids who open restaurants using parents money is quite a well known phenomenon.

Your wife is a "lay person". She likes to get laid by men other than you.

 

[bushtucker]

the one is miss is Sizzlers...did like their salads and soups.

the other one i miss is ponderosa. free flow salad and ice cream.

 

[bushtucker]

Ponderosa at Plaza Singapura was my favorite Steak/Seafood and buffet salad restaurant as a kid. Quite sad when they completely pulled out of Sinkie.
Quality of food was good value for money.

ditto. now we are only left with Just Acia for free flow ice cream and drinks, main course is just mediocre.

 

[Narong Wongwan]

the other one i miss is ponderosa. free flow salad and ice cream.

order the salad eat enough liao......got everything.

 

[erection2015]

ya ponderosa ...that was a good one too....i used to patronise the outlet at PS.....think there was one at Tampines Mall too or Century Square.

the other one i miss is ponderosa. free flow salad and ice cream.

 

[Dark Knight]

These days local Sillyporeans where got so much $$$ to spend on restaurants.
In fact it's a vicious cycle and the business owners (or rather employers) has got themselves to blame for hiring too many cheap FTs instead of giving jobs to locals.

Yes. Business owners want to maximize profits but the only way they can think of is cutting down operation costs.
As a result, they are not willing to pay higher wages to hire locals but resort to give the same job to cheap FTs.
Locals lost their jobs to FTs and you can imagine those once local PMETs who earns a few thousands will no longer be able to afford to eat in restaurants.
Those cheap FTs (even though got the jobs) of course will not dine at restaurants that often either.
Hence, more locals lost their jobs and less locals can afford to go restaurants.

 

[escher]

These days local Sillyporeans where got so much $$$ to spend on restaurants.
In fact it's a vicious cycle and the business owners (or rather employers) has got themselves to blame for hiring too many cheap FTs instead of giving jobs to locals.

Yes. Business owners want to maximize profits but the only way they can think of is cutting down operation costs.
As a result, they are not willing to pay higher wages to hire locals but resort to give the same job to cheap FTs.
Locals lost their jobs to FTs and you can imagine those once local PMETs who earns a few thousands will no longer be able to afford to eat in restaurants.
Those cheap FTs (even though got the jobs) of course will not dine at restaurants that often either.
Hence, more locals lost their jobs and less locals can afford to go restaurants.

When that smear of shit on sole of shoe LKY screwed and sucked and fucked 700++ BILLIONS into his Stinkapore sovereign funds and into the obscene pay of his cockroaches and kangaroos and civil serpents, how much money is left amone sinkies to spend? To support restaurants or any fucking thing for that matter.

LET STINKAPORE FUCKING IMPLODE AND THEN SINKIES KNOW THE TRUE PRICE OF THEIR FUCKING STUPIDITY FOR VOTING FOR PAP AGAIN AND AGAIN

 

[watchman8]

These days local Sillyporeans where got so much $$$ to spend on restaurants.
In fact it's a vicious cycle and the business owners (or rather employers) has got themselves to blame for hiring too many cheap FTs instead of giving jobs to locals.

Yes. Business owners want to maximize profits but the only way they can think of is cutting down operation costs.
As a result, they are not willing to pay higher wages to hire locals but resort to give the same job to cheap FTs.
Locals lost their jobs to FTs and you can imagine those once local PMETs who earns a few thousands will no longer be able to afford to eat in restaurants.
Those cheap FTs (even though got the jobs) of course will not dine at restaurants that often either.
Hence, more locals lost their jobs and less locals can afford to go restaurants.

The restaurant boom was brought about by the casinos, in which there was a surge in tourists and new immigrants. Now that tourists and new immigrants arrival have stagnated, while rentals remain high, it will be a brutal attrition war.

 

[Dark Knight]

The restaurant boom was brought about by the casinos, in which there was a surge in tourists and new immigrants. Now that tourists and new immigrants arrival have stagnated, while rentals remain high, it will be a brutal attrition war.

This is one of the reason why Sillypore being a small island will not be able to sustain it's economic growth in the long run based on consumer spending and tourism alone. Sillypore has already lost it's core competency long time ago.

 

[1sickpuppy II]

the one is miss is Sizzlers...did like their salads and soups.

I still prefer Ponderosa la.

 

[chilakak]

Unprofitable F&B business should just close down rather than be artificially propped up by cheap foreign labour. This is the creative process of capitalism as work. Letting them continue as a going concern simply by supplying them with cheap foreign manpower is just going to keep the entire F&B sector uncompetitive and allow it to drain resources.

Totally agree with your statement.

 

[chilakak]

Ponderosa at Plaza Singapura was my favorite Steak/Seafood and buffet salad restaurant as a kid. Quite sad when they completely pulled out of Sinkie.
Quality of food was good value for money.

Oh how I miss Ponderosa! Used to do my carbo loading there before marathons.