Hai Bin Prawning @ Bishan has ceased operation as of 9th September 2013 after 6 years, due to a rent dispute with its landlord.
"Their landlord, Nature Park, which runs Asian Golf Academy at the same location, recently notified them of the new rental figures - $65,000 monthly, up from $26,000 they were previously paying.
Hai Bin, which has two other outlets, said they could not afford the new rent and decided to shut its operations at the Bishan branch.
Hai Bin's group manager David Ng claimed that they were then asked to clear out of the premises in three days. They asked for more time and claim they were charged almost $35,000 for the 15-day extension.
Mr Ng said Hai Bin Prawning will commemorate its last day in Bishan tomorrow (Sunday, Sept 8) by inviting customers for a three-hour prawning session free of charge. From 7am to 11.59pm, each customer will get one rod to fish for prawns for a three-hour slot. They have imported 500kg of live prawns from Thailand for the occasion." - Source: tnp.sg
Hai Bin @ Bishan was the first location the company started out the their prawning business, and later on opened 2 more branches at Jurong and Punggol respectively. Many were sad about the closure and some even outraged at how high the landlord has hiked up the rent.
In commemoration of its last day in Bishan on Sunday, Hai Bin Prawning allowed every customer that visited the outlet during its opening hours, ending midnight, a free three-hour prawning session. Two thumbs up for them!