Singapore Sports Hub

The Sports Hub will be Singapore's premier land and sea sports, entertainment and lifestyle hub with integrated programming. A unique cluster development of integrated world-class sports facilities within the city, it will play a critical role in accelerating the development of sports industry, excellence and participation and take sports to the next level in Singapore.The Sports Hub neatly captures all three components in one masterstroke. It will draw international events to its world-class facilities, and offer events management enterprises some of the largest potential crowds ever to assemble in Singapore. It will encourage large numbers of people to adopt and pursue sports and make sports part of their life. And it will offer exceptionally compelling opportunities for sports-related enterprises, federations, and organizations to bring their message to an enormous, interested audience.Construction and management of this development are to be handled under the public-private partnership (PPP) model. Proposals by the three pre-qualified consortiums are currently being evaluated, and the successful consortium is expected to be announced in December 2007. The facilities to be built are as follows:Located on a 35ha site in Kallang, the Sports Hub will include the following facilities:

A new 55,000-capacity National Stadium with a retractable roof;
A 6,000-capacity indoor Aquatic Centre that meets world tournament standards;
A 3,000-capacity multi-purpose arena which will be scalable and flexible in layout;
41,000 sq m of commercial space
A Water Sports Centre
The existing 12,000-capacity Singapore Indoor Stadium; and
Supporting leisure and commercial developments

The Sports Hub is well connected to the Mass Rapid Transit network, major expressways and is only 15 minutes from the Singapore Changi International airport. A new Stadium MRT station will be operational when the Hub construction is completed. From Day One, fans will have low-cost, hassle-free access to the Sports Hub.The Sports Hub is also located next to the Marina Bay area and is poised to ride on the wave of exciting developments at Marina Bay like the Marina Bay Sands Integrated Resort, Marina Barage, Singapore Flyer and the floating platform at Marina Bay. The Hub is the first and largest sports facilities infrastructure Public-Private-Partnership (PPP) projects in the world. It is also Singapore's largest and flagship PPP project of this nature.While the Sports Hub is under construction, the new floating stage at Marina Bay will host sporting and other events. Literally floating on the water, the stage will bring some of the highest-profile international events ever to grace Asia, while at the same time remaining available to showcase exceptional local talent and regional competitions. These activities form the key lead up programmes towards a successful start of the Sports Hub in 2011.

COMMENTS

Personally I forsee property prices in Tanjong Rhu area to keep on rising in the next 5 years as the area is in proximity to (1) new Sports Hub, (2) new Stadium MRT station,
(3) new retail mall (former Kallang Leisure Mall), (4) Suntec & Marina area, and (5) CBD.

Pebble Bay at Tanjong Rhu

Desired Condominiums In The East (1) - Pebble Bay @ Tanjong Rhu

Tenure: 99 years leasehold
No. of Units: 510
TOP Date: 1997

Average Transacted Price in

August 2007 : $1,125 psf

July 2007 : $1,088 psf

Pebble Bay, one of Singapore's first waterfront condominium developments located in the prime Tanjong Rhu area, obtained its Temporary Occupation Permit (TOP) in October 1997.
The project which is a joint venture with CapitaLand, offers 510 units of luxurious apartments with 20 different designs in sizes ranging from 850 sf to 6,114 sf. The units comprise a mix of studio, 2/3/4-bedroom and penthouse apartments with floor areas ranging from 90 sm to 400 sm. Outstanding amenities and recreational facilities, lush tropical landscaping and panoramic views form an integral part of the development.

Location
Pebble Bay's strategic location in the prime Tanjong Rhu area, ensures easy access to all parts of Singapore. The Central Business District, Orchard Road and Changi Airport are just a few minutes’ drive away via the East Coast Parkway expressway and Nicoll Highway.
Moreover, the project which is adjacent to a proposed marina, offers panoramic waterfront views, outstanding amenities and easy access to recreational facilities in the Kallang Basin. It is within walking distance to The National Stadium, Indoor Stadium, Kallang Tennis Centre and Kallang Theatre and a proposed commercial village with food kiosks and outdoor shopping.

Facilities
Pebble Bay offers world-class resort style facilities. Amongst its landscaped gardens are a swimming pool, a lagoon pool, a wading pool, spa and bubble pool, tennis courts and squash courts. In addition, there is a golf driving range, putting green, fitness circuit, gymnasium, steam rooms and a children’s playground.

To top off the excellent waterfront view and luxurious facilities, Pebble Bay is created with superb quality finishes using natural materials and specially designed stone finishes to mark the luxury resort ambiance.