Orchard Central tenants from levels 5 to 12 to move out by end-November; space planned for office use
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SINGAPORE – As early as March, there were murmurs among some tenants of Orchard Central mall about a feasibility study being done by their landlord, though no one knew what it was about or if tenants would be affected.Inquiries about their leases were met wOrchard Central tenants from levels 5 to 12 to move out by end-November; space planned for office use
SINGAPORE – As early as March, there were murmurs among some tenants of Orchard Central mall about a feasibility study being done by their landlord, though no one knew what it was about or if tenants would be affected.Inquiries about their leases were met with delayed or holding responses from the leasing team, according to some tenants who spoke to The Straits Times the week of July 13.Then, a letter dated June 1 arrived from the mall's landlord, Far East Organisation (FEO), informing some tenants that they would have to vacate their units by Nov 30.The letter, a copy of which ST has seen, said that the landlord will be renovating and refurbishing the mall as part of an asset enhancement initiative, with works to commence on Dec 1.Tenants on the fifth to eighth floors, as well as levels 11 and 12, will be affected, according to those who spoke to ST. The mall's carpark occupies its ninth floor.The tenants are on varying lease terms, with some expiring at the year end, others extended until the mall's last day of operations, while others have leases that run beyond Nov 30. Read more
