Latest news with #CQ@ClarkeQuay
AsiaOne
2 days ago
- Business
- AsiaOne
Haidilao to close its first Singapore outlet at Clarke Quay after 13 years, Lifestyle News
After 13 years of being a go-to supper spot for the night crowd, Haidilao is shuttering its CQ @ Clarke Quay outlet. The popular hotpot chain announced the news in a press release on Wednesday (Aug 13). A spokesperson for Haidilao shared that the outlet's last day is on Aug 31 and the store is closing because its lease is ending. "We extend our heartfelt thanks to every customer who has supported us along the way. This was our very first outlet in Singapore and served as an introduction to Chinese hotpot for many local diners. It also holds countless fond memories for our team and guests alike," they shared. "Looking ahead, we will continue to serve the local market through diverse concepts and elevated dining experiences." A spokesperson for CQ @ Clarke Quay shared that when Haidilao Group was looking for a unit in 2012, both Haidilao and CQ @ Clarke Quay "took a bet on each other". "Haidilao Hotpot grew from strength to strength, becoming a 'destination hotpot' experience as people would come from all over the island to queue at CQ @ Clarke Quay," they said. The spokesperson also shared that given the brand's "strong presence" in Singapore as it expanded across the island, they've agreed to give up the space to a new tenant at the end of its lease. The restaurant added that in the meantime, patrons can visit the brand's other outlets at Plaza Singapura, Bugis+ and IMM. To celebrate the outlet's 13 years of service, Haidilao will be giving away more than $800,000 in dining vouchers. Eligible members will receive a $20 e-voucher, redeemable with no minimum spend at any Haidilao outlet islandwide. From Aug 18 to 29, customers dining at Clarke Quay during selected hours can also take part in a lucky draw to win dining vouchers for Haidilao's exciting sister brands — Hi Hotpot and Hi Noodle. The closure of the Clarke Quay outlet follows the hotpot chain's recent shuttering of three other restaurants in Bedok, Pasir Ris and Punggol. [[nid:721245]] melissateo@
New Paper
2 days ago
- Business
- New Paper
Haidilao to close Clarke Quay outlet on Aug 31 after three earlier outlet closures
Popular Chinese hotpot chain Haidilao is closing its flagship Singapore outlet in Clarke Quay on Aug 31 as its lease expires. A text message was sent out to Haidilao members on Aug 13 to inform them of the closure. The flagship outlet at CQ @ Clarke Quay, a space managed by CapitaLand, opened in 2012 and marked the brand's entry into Singapore. In a statement on Aug 13, a Haidilao Singapore spokesperson said: "This was our very first outlet in Singapore and served as an introduction to Chinese hotpot for many local diners. It also holds countless fond memories for our team and guests alike." "Looking ahead, we will continue to serve the local market through diverse concepts and elevated dining experiences," the spokesperson added. The impending closure of the Clarke Quay outlet follows Haidilao's recent shuttering of three suburban restaurants - in Bedok, Pasir Ris and Punggol - after a period of rapid expansion. A Haidilao spokesperson previously told The Business Times that the brand's key business considerations include labour costs, outlet locations and rental costs. It had noted that some of its stores are shifting focus as they optimise resources and expand menu offerings. A spokesperson for CQ @ Clarke Quay thanked Haidilao for "their close partnership over the past 13 years". "Given its (Haidilao's) strong presence across the island, we have mutually agreed that it is time for Haidilao Hotpot's #1 Store unit to be refreshed with a new tenant at the end of its lease. "We remain close partners in China, Malaysia and Singapore," said the spokesperson in a statement on Aug 13. Savills Singapore highlighted the softer demand for retail space in the central region in an Aug 13 report. Weak market sentiment continues to weigh on leasing demand for retail space, with islandwide retail vacancy rising to 7.1 per cent on quarter in the second quarter of 2025. Retail trade in the central region has been less resilient to rising rents and business operational costs, leading to a weakening demand for retail space, it noted. The vacancy rate in the region rose to 8.2 per cent in the second quarter of 2025, compared with 7.6 per cent in the previous quarter. Notably, the downtown core area, where Clarke Quay is located, saw slower take-up in the recorded quarter, with occupied space shrinking by 75,000 sq ft. The vacancy rate in the Orchard and fringe area remained relatively flat due to limited supply, said the Savills report. Central region rents rose by 0.9 per cent in the second quarter of 2025, reversing from a 0.5 per cent decline in the previous quarter, data from the Urban Redevelopment Authority showed. The rental index in the central area and fringe area also saw a rebound in the recorded quarter, rising by 0.7 per cent and 0.9 per cent on quarter, respectively. According to Savills' basket of retail properties, the average monthly rent in the Orchard and suburban areas inched up 0.5 per cent on quarter to $23.30 per sq ft (psf) and 0.4 per cent on quarter to $14.80 psf, respectively. Haidilao's shuttered Bedok outlet. PHOTO: SHIN MIN DAILY NEWS Savills expects the Singapore economy to see subdued growth in the second half of the year, amid uncertainties caused by tariffs and a tapering of non-oil domestic exports after businesses front-loaded their exports to beat potentially higher tariffs. "This could spill over into domestic-oriented sectors such as retail and food and beverage (F&B), which have reported muted performance in the first half of the year," it added. "Although the distribution of government consumption vouchers could help to lift the retail sales activity, overall retail sales in the next few months are forecast to head sideways due to similar performances in economic numbers and cautious hiring sentiments," said Savills. It also noted that the recent signs of softening in resident employment could dampen spending power in Singapore, while the strong Singapore dollar continues to divert spending abroad for value products. The consultancy expects higher tenant turnover rate as underperforming stores vacate. "While prime units will usually soon get filled up by new tenants, landlords may have to offer shorter leases or more attractive rental incentives to keep the less prime units occupied."
Time Out
08-05-2025
- Entertainment
- Time Out
Experience CQ @ Clarke Quay's bar scene with our exclusive event this June
Time Out Singapore in partnership with CQ @ Clarke Quay If CQ had a heartbeat, it would thrum to the sound of clinking glasses, lively chatter, and music spilling from its venues into the night. It's the stomping ground of the city's night owls, with the world-famous nightclub Zouk and endless tasty options to match any mood. Missed our first CQ @ Clarke Quay x Time Out Bar Hop in April? Don't worry – we've got you. We're teaming up with CQ once again for another exclusive bar hop on June 5, taking you through four standout spots, each serving up signature cocktails, savoury bites, and plenty of good vibes that guarantee a night to remember. You won't want to sit this one out. Keep reading for all the juicy details. When is the CQ @ Clarke Quay x Time Out Bar Hop happening? Circle the date because this spirited bar crawl is happening on June 5, from 7.30pm to 10.45pm. Of course, if you're just getting into the groove by then, nothing's stopping you from keeping the party going. Which bars will be participating? Get ready to hop your way through four of CQ's hottest spots. Recharge after a long day at Fu Lin, a modern Asian restaurant and bar famed for its crispy take on yong tau foo, upping the ante with cocktails and live acoustic bands to set the mood. Next, turn up the heat at Señor Taco, where tacos, tequila, and Latin beats bring big fiesta energy. Then keep the night rolling at PULSE – housed in the 154-year-old heritage mansion The Riverhouse that now pulses (pun intended) with live DJ sets and old-school-meets-new-school party vibes. And, of course, no night out is complete without a mic moment — themed karaoke bar Karaoke is decked with 22 Instagrammable sci-fi rooms, from experimental labs to spacecraft for you to unleash your inner popstar. What food and drinks can I expect? Let's be real – a proper night out needs great drinks and even greater bar bites. Fu Lin is serving up bold cocktails like the creamy-spicy Ain't FuLin Around, the citrusy Wonderland, and the smoky Nana Boulevardier. Pair them with the restaurant's glorious combo platter, which includes prawn paste wings, chicken karaage, prawn tempura, and luncheon fries, or its signature fried yong tau foo, and you'll be buzzing for the next stop. Over at Señor Taco, you'll be treated to a choice of a tangy margarita, smoky yuzu mezcalita, or a refreshing paloma, and bar bites including tacos, chips with guacamole, and chicken quesadilla. PULSE keeps the energy flowing with heritage-inspired cocktails like the Nanyang Coffee, Kao Liang Sour, and Chinese Old Fashioned, served with crispy fried potato chips and moreish salted egg fish skin – just the fuel you need for some late-night boogie. And when it's time to channel your favourite diva, Karaoke has you covered. Choose from Scavi and Ray Moscato or Millers draft beer, and load up on nibbles like sweet potato fries, seaweed chicken, and calamari wings, and sing like no one's watching. What else can I expect? Each guest will also score a Time Out tote bag with bottled water to keep you hydrated throughout the bar hop.
