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Old December 19th, 2006, 06:54 PM   #41
eighth8
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Quote:
Originally Posted by kenexcel4 View Post
I beg to differ. Thought i'm an avid supporter of 8th wonder, i still find Genting's proposal more resort-like as a whole. The architecture resembles those of Naboo in Star Wars. Come on give them a chance to showcase their ability. As one had mentioned earlier, perhaps they didn't upgrade their flagship resort so as to fund this mega project. The resorts world doesn't seem so o biang though there can be room for improvement. Btw, wad does it got to do wif malaysian's tourism? Does it also mean u won't visit this IR for your entire life. I doubt so. Nevertheless, i hope i can see a caldera in the nearby southern islands.
i guess you misunderstood my statement. what i meant was. in my opinion, it seems to me genting's bid looks Malaysian-like with all the domes and similar roof shapes. and that just brought me an assumption of it being an icon representing Malaysia in foreign countries after the success of Malaysia's tourism advertisement "Malaysia - truly Asia". i'm not criticising and underlooking genting's IR architecture. im just relenting out my disappointment in not having kerzner's or 8th wonder's ideas in SG, hopefully they can be successful in future developments in southern islands, marina bay etc.
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Old December 20th, 2006, 03:57 AM   #42
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This story was printed from TODAYonline

Genting joint venture to borrow $3.4 billion for Sentosa IR

Wednesday • December 20, 2006

Star Cruises' joint venture with Genting International will borrow $3.38 billion for its integrated resort on Sentosa.

Genting International and sister company Star Cruises, which are both units of Malaysian casino operator Genting, said earlier this month that they would spend $5.2 billion to build Resorts World on a 49-hectare site at Sentosa, after winning the bid for the project.

"The maximum funding commitment of the parties toward the development cost will not exceed $1.82 billion," said Star Cruises in yesterday's statement. The company said the rest of the investment would be funded by debt financing from a third-party lender.

Star Cruises owns 25-per-cent in the venture. Genting owns the remaining stake.

Casino operators are getting loans to expand in Asia, where industry growth is outpacing the rest of the world. Asia's annual gaming revenue will double to US$23 billion ($35.5 billion) by 2010, up from US$11.9 billion last year, according to a June report by PricewaterhouseCoopers.

Last week, Standard & Poor's said it may cut its rating on Star Cruises' bonds as the operator plans to sell more securities. It rates the Star Cruises' debt BB-, three levels below investment grade. — Agencies

Copyright MediaCorp Press Ltd. All rights reserved.
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Old March 2nd, 2007, 02:51 AM   #43
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New Sentosa road bridge part of Genting's plan for IR

2 Mar 07

Consortium also announces $400m contract to prepare site for construction

A NEW three-lane bridge will link Sentosa to the mainland to ensure smooth traffic to and from the island's integrated resort in 2010.
The new road - which will run parallel to the existing causeway - and a $400 million contract to start prepping the resort site for construction, were announced by Resorts World at Sentosa (RWS) yesterday, when it took over the site for the $5.2 billion resort.

RWS, which comprises Malaysia's Genting International and Star Cruises, signed an agreement with Sentosa Development Corporation yesterday for work to begin.

The consortium said it has paid up the $605 million for the 49ha site, and will foot the bill for the bridge, which will cost between $60 million and $80 million.

Mr Tan Hee Teck, RWS' newly appointed chief executive officer, said the bridge was factored into the resort's blueprint in anticipation of the 'manifold increase' in traffic when the resort opens.

By 2015, some 10 million tourists are expected; RWS is now working with the authorities to come up with a more accurate picture of traffic needs through studies and surveys.

Construction of the resort itself will begin with excavation for an underground carpark, which needs to be built before the rest of the resort is built on top of it, said Mr Tan.

Contracts for site surveys have already been awarded, he added.

Meanwhile, RWS has begun its marketing blitz by taking part in local and overseas events such as the recent Asean Tourism Forum.

A principal leadership team has been hired, with the executives coming on board this month and next.

Among them is Singapore Press Holdings' Mr Michael Chin, who will soon leave his position as executive vice-president of the company's corporate development division and Times Properties to head RWS' project management.

Mr Chin, who joined SPH in 1991, played a major role in the successful development of The Paragon and the [email protected] condominium project.

More than 150 jobs will be created in the next six months, mostly in project management, marketing and corporate services.

The net will be cast as far as the United States, where top creative talent for the movie and show-themed attractions will be hired.

Recruitment alerts will be posted on the RWS website at www.resortsworldatsentosa.com, set to debut next week.

Looming in the background amid this buzz is the deal between Star Cruises and Macau gaming tycoon Stanley Ho, which raised considerable alarm here because of Mr Ho's alleged - but unproven - links with Macau's triads.

Neither RWS' CEO Mr Tan nor Genting International managing director Justin Tan would be drawn into discussing this yesterday.

The deal - which could jeopardise RWS' chances of securing its casino licence - would give Mr Ho and a group of investors a stake of up to 6.99 per cent in the cruise firm.

In return, Star Cruises would offer Mr Ho's Sociedad de Jorgos de Macau the franchise to run the casino in a resort it is developing in Macau.

The Ministry of Home Affairs (MHA) said on Tuesday that members of the Genting-Star Cruises consortium will have to be screened, and the casino licence is not yet in the bag.

The consortium said it is determined to meet the probity requirements and will apply for the licence when at least half the resort's gross floor area has been completed and half of its development investment spent.

Singapore tourism chief Lim Neo Chian said issues remain to be ironed out between RWS and the MHA, but the project is 'still very much on track'.


By Marcel Lee Pereira
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Old March 6th, 2007, 06:37 AM   #44
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The resorts website offically came online today.

http://www.resortsworldatsentosa.com/
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Old July 7th, 2007, 10:56 AM   #45
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singapore is so stunning marina bay will be very exiting
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Old November 12th, 2007, 05:48 AM   #46
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..
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Originally Posted by Charging Bull View Post
Resorts world development update

Universal Studio:-



Quote:
Originally Posted by kurakura View Post
ET joins Sentosa IR fun
By Sheralyn Tay, TODAY | Posted: 07 November 2007 1448 hrs

SINGAPORE: Resorts World at Sentosa (RWS) has upped its budget from S$5.2 billion to S$5.75 billion - and not just in view of the rising construction costs.

The developer is bumping up its theme park offerings, with two new rides - one a rollercoaster, the other based on the hit movie ET - for its Universal Studios Theme Park. This brings the total number of rides to 24.

There will be four more free multimedia shows, on top of the three already announced such as a laser-and-water show designed by Emmy award winner Jeremy Railton.

These extras, as well as improvements to hotels and infrastructure, will take up half of the S$550 million cost revision. The other half will go to cover the increased construction costs. On top of the S$5.75-billion budget is another S$250 million allotted for contingencies.

A ban by Indonesia on sand exports early this year, coupled with a buoyant property sector, has prompted the Government to release more sand from the national stockpile and diversify its sources.

About two months ago, Las Vegas Sands - which is developing the Marina Bay Sands integrated resort slated to open in 2009 - announced that it was "struggling" to stick to its budget and anticipated up to a 40-per-cent spike in its US$3.6-billion (S$5.5 billion) projection.

Speaking via teleconference from Hong Kong on Tuesday, RWS chief executive Tan Hee Teck said: "With scarce resources, the cost escalation has been higher than anticipated."

Still, according to Mr Michael Chin, senior director of projects, RWS has managed to "lock in" the prices of concrete and structural steel at "very competitive prices". RWS and China's Jingye Construction Engineering Contract Company signed a S$60-million contract in September for 23,000 tonnes of structural steel for work on the resort.

But while such costs have been manageable, Mr Chin noted, labour costs and margins of contractors have risen significantly. Still, Mr Justin Tan, managing director of Genting International, does not anticipate any further changes to the budget or the 2010 date for the soft launch.

"We are on track and in negotiation with contractors who have not indicated any delays to date," he said.

Mr Tan also said he was "very confident" about the growing Asian economy. With a growing middle-income market in China and India, RWS in Singapore will draw them over by being "a very unique and differentiated destination".

Three lots will be left vacant within the theme park to allow for later expansions and additions, he added.

Work on Universal Studios Singapore began last month and another S$1 billion worth of building contracts will be awarded by early next year.

Meanwhile, Genting International has posted a third-quarter loss because of an "impairment" charge, Mr Tan said. The company lost S$393.4 million, or 5.66 cents a share, in the quarter ended 30 Sep, compared with a profit of S$86.9 million, or 1.39 cents, a year earlier, the company said in a statement to the Singapore Exchange.

It expects a full-year loss including the charge, said Mr Tan. - TODAY/ym
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Old April 8th, 2008, 03:43 PM   #47
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Hard Rock Hotel to open at Resorts World Sentosa

8 April 08

HARD Rock Hotel will be opening its doors to guests at Resorts World at Sentosa (RWS), once Singapore's first integrated resort is ready in early 2010.
The world-renowned hotel chain, famous for its commemoration of over 40 years of 'Rock n Roll', is one of six hotels that will be operating at Resorts World.

Hard Rock Hotel, costing more than $340 million to construct, is part of the $6 billion resort development.

The 360-room hotel will feature modern conference facilities and one of Asia's largest column-free ballrooms that hold over 7,000 guests, for concerts, seminars, performances as well as banquets.

Construction on the hotel is expected to kick-off soon, with local contractors Low Keng Huat (Singapore) Limited tasked with the project - the latest in a string of construction contracts totalling more than S$1 billion that have been awarded for the development of RWS.

The Resort, which will also boast a Universal Studios theme park, the world's largest oceanarium and the region's first integrated destination spa, expects to receive some 15 million visitors in its first year.
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Old April 9th, 2008, 07:19 AM   #48
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this looks great!
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Old July 7th, 2008, 02:40 PM   #49
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Resorts World awards $705m Universal Studios contract to Chinese firm

7 July 08

By Jessica Cheam
WORKS are underway at Singapore's highly-anticipated Universal Studios, which is expected to open its doors to visitors come 2010.

Resorts World at Sentosa (RWS) announced on Monday that a $705 million contract for infrastructural work for Universal Studios has been awarded to China Jingye Engineering.

The firm is a unit of one of China's biggest construction conglomerates, the China Metallurgical Corporate Group.

It will be responsible for general building works such as structural buildings, facades, walkways and an amphitheatre, said RWS.

The latest deal follows an earlier one in September last year, when China Jingye clinched a $60 million contract to supply 23,000 tonnes of structural steel to the $6 billion resort development.

An RWS spokesperson said that RWS held a tender exercise and 'chose the most suitable candidate based on suitability to deliver.'

RWS's executive vice president of projects Michael Chin said in a statement that China construction companies have a good track record, building a 'collection of stunning projects' rising in China the last few years.

The firm has the 'experience, a track record for quality and a reputation for completing projects on time,' said Mr Chin.

China Jingye, which has been established in Singapore for the last 12 years, was previously involved in building MRT stations and HDB projects in Singapore.

When it opens, Universal Studios Singapore will feature 24 rides and attractions, 18 of which are unique to Singapore.

RWS said they were 'on track for a soft opening in early 2010.'

It has awarded a total of $2.7 billion worth of building contracts to date.
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Old July 7th, 2008, 05:37 PM   #50
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WOW !!!!!..........JUST STUNNING!!!!
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Old July 24th, 2008, 04:27 PM   #51
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Taken on 13 Jul 08 [ taken by ayanami

[/QUOTE]
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Old August 25th, 2008, 04:05 PM   #52
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Mid August updates

image hosted on flickr


taken by [email protected]

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Old October 16th, 2008, 06:54 PM   #53
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Pictures by thethemeparkguy

October 2nd and 3rd:













Photos (C) by:
http://www.thethemeparkguy.com
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Old October 16th, 2008, 07:18 PM   #54
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Oohh....Things here are getting done so quickly. Very good.
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Old October 21st, 2008, 07:46 AM   #55
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Coming: Transformers

21 Oct 08

Sentosa IR will be the first in the world to get the new ride



UNIVERSAL Studios is building a new ride based on the hit movie Transformers, and Resorts World at Sentosa slated to open in 2010 will be the first in the world to get the new ride.

The ride will debut first in Universal Studios Singapore in early 2011 before opening at the flagship Universal Studios Hollywood in summer.

The cost of this ride will be additonal investment from RWS on top of the $6 billion to build the integrated resort.

The attraction, according to Resorts World at Sentosa, 'will fuse 3D-HD media, mega special effects and stunning robotics with a ride system that will transform perceptions of theme park experiences'.

In Transformers, Earth's humans are caught in the middle of an intergalactic war between the friendly Autobots and the evil Decepticons, which are able to change into a variety of objects, including cars, trucks, planes and other technological creations.

Resorts World at Sentosa chief executive officer Tan Hee Teck, said on Tuesday: 'It is great that Asia will be the launch pad for the first Transformers attraction.'

'Transformers was introduced to the United States in 1983 but traces its roots to Asia. Optimus Prime, Bumblebee and Megatron are familiar names to Asian audiences, who grew up with the robot toys and love the movie.'

'When Transformers opens in Universal Studios Singapore in 2011, it will be the first of its kind in the world. We may see a surge of Transformers mania.''

Mr Tom Williams, chairman and CEO, Universal Parks & Resorts, said: 'Transformers will be a jewel in our collection of world-class rides based on great movies.'

He said the ride will be built with the help of Hasbro, DreamWorks, director Michael Bay and the film's executive producer, Steven Spielberg, who serves as creative consultant to Universal Parks & Resorts and has worked closely with the company in the creation of some of the world?s most innovative theme park attractions.

Those attractions include Jurassic Park ? the Ride, a featured attraction at UP&R parks in Orlando, Hollywood and Japan, the E.T. Adventure at Universal Orlando and Universal Studios Japan, and the War of the Worlds sets at Universal Studios Hollywood.


By Lim Wei Chean
Straits Times
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Old October 22nd, 2008, 04:20 AM   #56
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ho3x...thats another reason i always love to spend new year at singapore..
thx for information...
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Old November 11th, 2008, 09:10 AM   #57
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Resorts World at Sentosa starts hiring for Universal Studios

10 Nov 08

SINGAPORE: Resorts World at Sentosa wants to hire 2,300 people for its theme park operations by the second quarter of next year.

Its assistant vice-president for Communications, Robin Goh said the company has started to fill 300 managerial and supervisory positions for the Universal Studio operations here.

The integrated resort will send 100 of them to the Universal Studios in Orlando, US for about four months of training. Mr Goh said some of the 200 managers will spend about two weeks there.

He said this will cost Resorts World at Sentosa about S$5 million and is part of the company's training budget.

This news comes less than a month since Marina Bay Sands Resort announced its massive recruitment drive.

Resorts World at Sentosa confirms it is on track to open in early 2010.

Mr Goh said the integrated resort will also keep its promise of offering 10,000 jobs where Singaporeans will get priority in the hiring. Of the 10,000 jobs, 30 per cent or 3,000 jobs will go to the Universal Studios operations here.

In addition, Resorts World is also working with four polytechnics - Temasek, Ngee Ann, Nanyang and Singapore Polytechnics.

They are planning to send about 100 of the poly students to the Universal Studios in Orlando for internships starting next year. They will spend about four months there.

When the students return home, they may get a job at the Universal Studios in Singapore. - CNA

By May Wong, Channel NewsAsia
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Old February 19th, 2009, 02:52 PM   #58
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Finally managed to upload this. Screenshot of Maxims Tower. IMO it's disgusting. Looks very retro. Looks like something out of a 1970s sci-fi movie, a building from an alien planet. Had it been more subtle like Aldo Rossi, it would had looked much better.
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Old March 19th, 2009, 04:15 AM   #59
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Pictures by thethemeparkguy

Photos taken on March 2:


Resorts World complete


Universal Studios Mummy Ride


Universal Studios Jurassic Park Rapids Ride

More here:
http://www.thethemeparkguy.com/park/...ios-singapore/
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Old March 19th, 2009, 05:04 AM   #60
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cool update....
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