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Tuesday, January 23, 2007

SINGAPORE - Asia's mini-Monaco by 2015?

Channelnewsasia.com, 19 january 2007

SINGAPORE: By the time the Sentosa Cove land parcels are fully sold by the year-end, slices of Singapore's Southern Islands could be up for sale to the world's richest men looking for a mini-Monaco in Asia. According to documents obtained by TODAY from a Singapore Tourism Board (STB) presentation, the tourism body is planning to launch a Request For Concepts (RFC) for the cluster of seven islands by the first quarter of this year, and a Request For Proposals by the second quarter of the year. The Southern Islands resort and residential development should be completed by 2015, in line with Singapore's tourism vision to develop the southern waterfront into a lifestyle resort attraction.

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