A slowdown in the prime property market in Singapore has prompted a handful of developers to ask for extensions on their projects in the high-end Sentosa Cove. One developer has been granted a one-year extension. The residential properties on the resort island of Sentosa are aimed at providing luxury waterfront living. But prices have been hit amid the property slump in Singapore. There are 1,700...
Sentosa Property
Singapore's second integrated resort operator, Resorts World at Sentosa, has refuted accusations that more than half of the 10,000 jobs available would go to foreigners. Its management says Singaporeans remain its top priority when hiring, and it is receiving up to a thousand applications a day. The comments were made at the media preview of four new hotels that will be opening on the island next...
An ultra-luxurious hotel has opened its doors in Singapore amidst dwindling tourist numbers here and in the region. Capella Singapore, located on Sentosa island, welcomed its first guests on Monday. The S$400-million hotel is set within more than 12 hectares of sprawling land and lush greenery. It boasts 111 rooms, including 32 private villas – the first of its kind on Sentosa which come with their own...
Operator of Singapore's second integrated resort, Resorts World at Sentosa, said it is on track to open four of its six hotels by the first quarter of 2010, adding some 1,350 rooms in the Republic. Even though tourist arrivals, hotel occupancy and room rates have been falling due to the global economic slowdown, the integrated resort will be launched as scheduled. The IR expects to fill 9,000 job...
Resorts World at Sentosa will top out its first hotel, Maxims Tower, by the end of this month. The structural completion of the 11-storey hotel marks yet another major milestone in the development of the integrated resort, which remains on track for a soft opening in the first quarter of 2010. Maxims Tower will open with three other hotels - Hotel Michael, Festive Hotel and Hard Rock Hotel - as well as...
Genting International is warning that its Sentosa integrated resort development could cost almost S$600m more than expected. Its total investment is expected to increase from S$6 billion to S$6.59 billion. And the firm warned that these hefty opening costs would have a "significant" impact on its earnings this year. Genting said that over the past year, changes have been made to the design and...
A new bridge linking mainland Singapore to Resorts World at Sentosa is expected to open later this year. Resorts World said it should receive traffic ahead of its grand opening. The 710-metre bridge is expected to serve some 15 million visitors a year once the resort is fully operational. After completion, the traffic flow to Sentosa will be realigned. The three lanes are capable of handling some 6,000...
IRs expected to meet economic targets, albeit with impact from crisis THE promise, when the Government decided to allow the Integrated Resorts (IRs) in, was a $1.5-billion increase in our Gross Domestic Product (GDP) and 35,000 new jobs - but will these economic rewards now materialise? And if so, when? In response to questions by Nominated MP Eunice Olsen and Non-Constituency MP Sylvia Lim yesterday,...
Don't bet on it! That's the advice from quite a few observers as the people behind Singapore's two planned integrated resorts insist that they will open on time. Marina Bay Sands is scheduled to open at the end of next year. Sentosa Resorts World is set to open in the first quarter of 2010. Upset contractors, who say the two operators are trying to renegotiate the prices verbally agreed upon for their...
Sandy Island is a rare collection of 18 waterfront villas nestled within a tropical island oasis of privacy and calm. Designed by world celebrated architect Claudio Silvestrin in concert with multi-award winning landscape designer Jamie Durie, these exclusive villas are embedded in a lush rainforest setting, like precious jewels waiting to be discovered in the splendour of nature. Sandy Island is situated...