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Old July 16th, 2008, 03:43 PM   #221
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Quote:
Originally Posted by chinatown View Post
how tall r those 3 buildings?
194m, and apparently theyre 57 floors high rather than 50.

Here is a pano showing the construction site by the bay --->

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Old August 20th, 2008, 05:57 PM   #222
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Some recent pics by [email protected]





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Old September 10th, 2008, 04:43 AM   #223
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7 September 2008

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Old September 10th, 2008, 07:43 AM   #224
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thank u so much for the pics RafflesCity, truely amazing. theres like more cranes there then whats really needed
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Old September 10th, 2008, 08:01 AM   #225
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Quote:
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thank u so much for the pics RafflesCity, truely amazing. theres like more cranes there then whats really needed
No worries, a big thanks to the contributors too

Actually, the extent of this development occupies only the left hand portion of the land (up to where the giant circular holes are). The other portion on the right is reserved for future developments.

The other cranes and machines are for other infrastructure in the area. This includes a utility tunnel and a new subway line.
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Old September 15th, 2008, 04:14 PM   #226
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13 September 2008





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Old September 15th, 2008, 04:33 PM   #227
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This is a really cool project. Will the rooftop gardens be accessible to everyone or just hotel guests?
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Old September 15th, 2008, 04:44 PM   #228
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I'm not sure. I'm hoping it would be open to the public but there's a good chance its for hotel guests. But the waterfront space would be a public area.

Check out the hotel's website:

http://www.marinabaysands.com/

Some models:



taken by Maverick
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Old November 10th, 2008, 03:29 PM   #229
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Update by LittlePig

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Old February 24th, 2009, 04:24 PM   #230
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January 2009

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Old February 24th, 2009, 05:31 PM   #231
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Quote:
Originally Posted by RafflesCity View Post
194m, and apparently theyre 57 floors high rather than 50.

Here is a pano showing the construction site by the bay --->


....................................................................................................................................

wow..what a super awesome stunning panoramic picture...with ritz carlton right in the middle! thanks..... rc!
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Old February 25th, 2009, 03:37 AM   #232
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thank you

You can get that view by going to the restaurant at the top of UOB Plaza
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Old February 25th, 2009, 03:42 AM   #233
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Quote:
Originally Posted by RafflesCity View Post


I'm not sure. I'm hoping it would be open to the public but there's a good chance its for hotel guests. But the waterfront space would be a public area.

Check out the hotel's website:

http://www.marinabaysands.com/

Some models:



taken by Maverick
Love the design of this, so beautiful. This is a HUGE development!
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Old February 26th, 2009, 05:32 AM   #234
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25 February 2009 - Taken by Lifestyle-1881

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Old February 26th, 2009, 05:45 AM   #235
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Great to see this one progressing.
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Old February 26th, 2009, 02:36 PM   #236
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Another shot from Lifestyle-1881

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Old March 2nd, 2009, 01:42 PM   #237
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28 February 2009

image hosted on flickr


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Old March 4th, 2009, 04:04 PM   #238
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Marina Bay Sands on track to open by year-end

4 March 09

SINGAPORE : The US$5.4 billion Marina Bay Sands is on target to open by year-end. The construction of its hotel towers has passed the halfway mark and is due to be "topped out" in July.

With the current downturn and parent company Las Vegas Sands running into money problems, there were concerns about the impact on the Marina Bay project. But the company said funding is not an issue.

Bradley Stone, president, Global Operations & Construction, Las Vegas Sands Corp, said: "We have a fully-funded project here in Singapore. We put the financing in place in December 07. And we have been putting in equity as planned from the parent company.

"What happened in Macau (is that) we were launching those projects right in the face of the credit crunch. What happened in Macau certainly won't happen here. The project is funded and a lot by local banks here in Singapore, and we are very confident in our ability to complete this on a timely basis."

Marina Bay Sands said at least half of the property will be operational by year-end. It is in discussions with Singapore authorities on the timeline.

George Tanasijevich, general manager and VP, Singapore Development, Marina Bay Sands, said: "We are not going to open this property until we have at least 50 per cent of it complete, and this includes all the compelling aspects of the project.

"Certain pieces will come on later. We are working with the tourism board and government to refine what that schedule will be. A sizeable proportion of the hotel rooms will be included in the initial opening.

"But I can assure you that what we open in the initial phase of it will be a full-fledged IR (integrated resort) that is compelling from a tourism standpoint and something that Singapore can be proud of."

All four floors of the casino area have been constructed - with workers due to start on the roof next. The massive convention and exhibition space and retail mall next to it is also making good progress.

And while construction for the ArtScience Museum and theatres is still ongoing, plans for bringing in big acts like Broadway productions are underway.

The distinctive hotel towers - that slope at a 26-degree angle - with 2,600 rooms have reached the halfway mark at about 28 floors, with hotel rooms being fitted out in tandem.

The hotel towers may have reached their halfway mark, but Marina Bay Sands has yet to face its biggest construction challenge - that is, when the floors go up all the way to the 55th level and they have to construct a sky park across all three levels.

When completed, the sky park, which is about the length of four and a half A380 airplanes, will have pools, gardens and a rooftop club.

But will all these facilities bring in the crowds that the Singapore government is banking on?

Singapore's visitor arrivals fell almost 13 per cent in January to 771,000 from the same period a year ago. However, despite the recent gloomy tourist arrival numbers, Marina Bay Sands remains confident the cards are stacked in its favour.

Nigel Roberts, president, Marina Bay Sands, said: "In spite of the market, we will come on line with something everyone will want to come to. It is going to be a 'must do' place to come (to)."

The company plans to make Marina Bay Sands a global attraction, but the markets it is targeting first are China, India, Indonesia, Malaysia and Thailand, as well as the Middle East and Russia. - CNA/ms

http://www.channelnewsasia.com/stori...412982/1/.html
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Old March 5th, 2009, 02:29 AM   #239
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beautiful city
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Old March 5th, 2009, 04:20 AM   #240
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Marina Bay Sands to be 15% bigger

5 Mar 09

Size increase, due to redesign, partly accounts for higher budget of US$5.4b

(SINGAPORE) Marina Bay Sands, which is targeted to open around the end of the year, will be 15 per cent bigger in terms of gross floor area (GFA).



The four level casino area will, however, only occupy about 3 per cent of the total GFA.

The GFA for the integrated resort was initially expected to be 570,000 sq m (6.14 million sq ft). A 15 per cent increase could take it up to 655,500 sq m (7.06 million sq ft).

MBS general manager and vice-president George Tanasijevich said that since the design of MBS was first revealed, the design of the integrated resort (IR) had undergone 'refinement and redesign' to become both 'bigger and better'.

This increase in size also partially accounts for the current budget for the IR which stands at US$5.4 billion, up from previous estimates of US$3.6 billion and US$4.5 billion.

About 2 per cent of additional GFA can be attributed to the $50 million that will be spent on art at MBS. This is through an Urban Redevelopment Authority art incentive scheme which allows property developers of new projects to gain additional GFA, over and above the maximum allowed, if they integrate art permanently in the design of new commercial or residential buildings in the Central Area.

Mr Tanasijevich was speaking at a media briefing yesterday at the construction site of MBS where it was revealed that the IR will now also be 5-storeys higher.

Structural works are almost 75 per cent completed with the structure for the casino building already 'topped up' and the topping up for the three 55-storey hotel towers expected by July.

The hotel towers, which are currently at about the 28-storey level are simultaneously being fitted out.

All this with the aim of opening in time.

While Mr Tanasijevich said they hope to open by the end of 2009, 'or close to it', it is not clear yet which parts of the IR will open first.

He said what will likely open first will be the 'primary contributors of revenue'. He added that MBS was currently in discussions with the authorities on the phasing of the 'progressive opening' of the IR.

Separately, Las Vegas Sands (LVS) chairman and CEO Sheldon Adelson, who was speaking in the US, said that estimates made by analysts for earnings by MBS were 'somewhat low'.

According to a Reuters report, analysts had estimated that MBS could generate Ebitda of between US$500 million and US$900 million.

But citing Singapore's favourable tax regime, Mr Adelson said: 'We will save 25 per cent on average on taxes.'

Mr Adelson's comments come after LVS reported a loss of US$136.5 million in the fourth quarter of 2008, down from a profit of $39.9 million a year ago.

At the time of the filing on Feb 25, LVS also said that it had raised its annual cost savings target to US$250 million.

In addition to this, Mr Adelson said yesterday that it would try and 'squeeze out another US$200 million to US$250 million'. 'If we do that, we are home free,' he added.

According to its Q4'08 filings, LVS has unrestricted cash balances as of December 31 of US$3.04 billion while restricted cash balances were US$194.8 million.

Of the restricted cash balances, it said US$124.1 million is restricted for Macau-related construction and US$61.9 million is restricted for construction of MBS.

Total debt outstanding, including the current portion, was US$10.47 billion. Principal payments required to be repaid in 2009 and 2010 total US$114.6 million and US$197.6 million, respectively.


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