Last call: Holland Village mainstay Wala Wala seeks to exit lease, plans to close
Restaurant-bar has been operating in the red for four years as sales slumped with changing preferences, rising business costs
[SINGAPORE] Indie nightspot Wala Wala Cafe Bar in Holland Village is preparing to shut its doors, marking the end of a three-decade chapter for the nightlife stalwart.
Owner Stanley Yeo told The Business Times that the lease for the 1,700-square-foot ground-floor space on Lorong Mambong ends this year. He has received his landlord’s consent for an early exit and is currently looking for a new tenant to take over the space.
The restaurant will not close immediately, as it depends on when Yeo can find a replacement tenant. At the earliest, the last day of operations would be in end-August, he said.
Copyright SPH Media. All rights reserved.