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Less than a year before lease runs out for Bugis Village tenants
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Fabian Koh
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A cluster of 34 pre-war shophouses, Bugis Village, has entered the final year of a 30-year lease, leaving tenants and patrons uncertain about the future of the area, which surrounds the popular Bugis Street market.
The shophouses are all managed by CapitaLand Commercial Trust (CCT), which has confirmed to The Straits Times that the authorities are due to take back Bugis Village when the lease expires on March 31 next year.
