The restaurant owner Koh Choon Chye has attributed the closure to declining customers and increasingly unpredictable revenues, The Straits Times reported.
He added since tourism rebounded after the Covid-19 pandemic and the Singapore dollar strengthened, more Singaporeans have chosen to spend school holidays and long weekends overseas rather than dining and shopping locally.
He also noted that many musicals and concerts previously staged at The Esplanade have moved to Marina Bay Sands, reducing visitor numbers in the area. In addition, road closures during major events such as the Formula One Singapore Grand Prix often made The Esplanade less accessible, further affecting business, Asia One reported.
In a farewell message, the restaurant thanked its customers for their support over the years, saying it had been privileged to serve families, friends, students and office workers since opening.
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