The lazy folks @SLA should have their bonuses CUT.
Full report
'Tenants upset over Evans Rd shambles' as appended below.
As I understand, it is standard practise for all landlords to collect 1 month rent as
deposit for each year in rental contract signed: e.g. for a 3 yr rental contract, 3 mths deposit is payable, 10mths for 10yrs and so forth.
'the Singapore Land Authority (SLA) terminated its tenancy agreement with master tenant Winsta Holding on July 31': the day of termination should have been THE SAME DAY that the plot was put up for re-tender, but no, the retender was delayed till Nov30th, a cool 4 months of nothing done, rent collections wasted. Now SLA is saying that the new tenancy will start on Aprils fools day (1st April) 2016, very funny SLA, that is another 4mths proper rent forgone between 1st Dec 2015 and 1st April 2016. I believe that if the SLA (and other gahmen depts) had its finger on the pulse of what was happening @ Evans Rd,
" several employees were involved in 'undisclosed interested party transactions'", it would have been more prepared with the re-tender process rather than delaying the process by an additional 4 months.