19 Jun '14, 8am

So much about controlling unreasonable rents..

So much about controlling unreasonable rents..

Pest management firm PestBusters is taking legal action against landlord Ascend Group after the latter threatened to evict it from its Ubi Road base (above) for refusing to accept new lease terms and conditions. -- ST PHOTO: STEFFI KOH LOCAL firm PestBusters is taking legal action against its landlord over what it calls "unreasonable and arbitrary" terms and conditions in its lease renewal, including a doubling of the rent. The pest management company instigated the move after investment holding company Ascend Group threatened to evict it for refusing to accept the new terms, according to court documents obtained by The Straits Times. The Straits Times understands that the parties are now undergoing mediation. PestBusters was seeking an injunction to stop the eviction, which was to have occurred on Dec 31 last year. The company, which employs 108 people and deploys 30 vehi...

Full article: http://www.stproperty.sg/articles-property/singapore-prop...

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