Earlier reports have put the cost of MBS's expansion to around US$8 billion.
“Woh Hup has played a defining role in shaping Singapore’s development, and we are pleased to work with a local company that has contributed to many of the nation’s iconic landmarks,” says Patrick Dumont, chairman and CEO of Las Vegas Sands, adding that the milestone marks an “important step” for the group.
MBS, citing a report by Enright, Scott & Associates, says it contributed 1.2% to Singapore's GDP in 2025.
Kim Yong, chairman of Woh Hup, called the appointment a “privilege”.
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The project, which will feature an all-suite luxury hotel tower, luxury retail boutiques, as well as a 200,000 sq ft of premium meeting space among others, is slated to be completed in 2030.
