The Singapore Land Authority (SLA) will re-launch a tender for the Old Admiralty House, part of the former British naval base in Sembawang.
SLA has terminated its contract with YESS Resorts and Country Club, which had converted the national monument into a country club.
YESS had taken over the premises in 2007 for a monthly rent of $40,000.
This was also the first time a preserved monument was tendered out by the SLA.
YESS had proposed to transform the place into the multi-purpose Admiral Country Club, with family-oriented leisure and entertainment activities.
SLA said it had to terminate the contract after non-payment of rent, despite repeated warnings.
But it agreed to allow all six of sub-tenants to remain until early-2011 on compassionate grounds.
SLA will take over operations of place until the re-launch of the tender.
Source: Channel News Asia, 1 Jul 2010