IN three years, people heading for Sentosa will be able to hop onto a light-rail train to reach the resort island, where they can visit a new theme park and, if they decide to stay the night, choose from five instead of three hotels.
Building two more hotels and the theme park would cost investors between S$500mil (RM1.1bil) and S$750mil (RM1.6bil).
Sentosa Leisure Group's property director Gurjit Singh said his company was in talks with hotel investors and theme-park developers.
“The deals are committed but nothing has been signed yet,” he said after the ground-breaking ceremony for the island's S$140mil (RM308mil) Sentosa Express.
The driver-operated, air-conditioned monorail would run from the North-East Line's Harbour Front MRT station, across the Sentosa Causeway Bridge, to the island in under four minutes.
Gurjit Singh said the theme park would feature water-based activities and be surrounded by lush vegetation to beat the heat and humidity.
It would likely be built along the northern waterfront, where the Asian Village used to be.
It would be 30ha to 50ha in size, comparable to Malaysia's Sunway Lagoon theme park and Australia's Movie World, he added.
There were now three hotels on the island. Another would be built on the southern beachfront.
The fifth would be a “destination resort” that catered to a specific clientele, like Thailand's Chiva-Som International Health Resort.
Gurjit Singh expects investors to sink in about S$200mil (RM440mil) to S$300mil (RM660mil) for the theme park, which has to be a “good quality, internationally recognised branded product,” and about S$50mil (RM110mil) to S$100mil (RM220mil) for each of the hotels. – The Straits Times/Asia News Network
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