Minister Tan says: “The new waterfront lifestyle development is a key feature of RWS’ expansion and exciting new addition to Singapore’s vibrant tourism landscape.”
The new waterfront development will feature a waterfront promenade, a four-storey world-class retail and dining podium with entertainment offerings, as well as two new luxury hotels featuring 700 keys. The two new hotels will complement RWS’ current repertoire of six premier hotels.
Designed by architectural firm Benoy, the development will also include an immersive, experiential mountain trail.
The heart of the new waterfront development will be further anchored by a sculpture that is envisioned in collaboration with architecture firm Heatherwick Studio.
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The waterfront development, which will be built by China Metallurgical Group Corporation (MCC), will incorporate the latest sustainability principles and innovations, as it aspires to attain a BCA Green Mark Platinum certification. Low carbon concrete will be used to build the structure, while renewable energy generation will be supported through installing solar panels. Rainwater will also be collected for irrigation.
Speaking at the ground breaking ceremony, Tan Hee Teck, CEO of RWS says: “The new waterfront lifestyle development underscores out steadfast commitment to bolster Singapore’s identity as a premier global lifestyle destination which will take RWS and Singapore into the next frontier of tourism in the coming years.”
Tan adds: “All these are part of RWS’ expansion plans that are worth around $6.8 billion, which has great potential to create interesting new job opportunities for businesses and to have a great economic impact.”
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The way Tan sees it, the waterfront development will contribute to Singapore’s tourism success story and RWS’ growth will provide a purpose to bring in tourists, as well as locals, to come together. These efforts will rejuvenate the local tourism offerings, keeping Singapore ahead of the competition and contribute to the country’s growing and vibrant tourism landscape.
It is not just RWS that is pumping in money to refresh its integrated resort (IR), Marina Bay Sands (MBS), Singapore’s second (IR) too has announced a US$1.7 billion reinvestment to refresh its three hotel towers and adding additional 1,850 keys. MBS has also recently announced a further US$8 billion expansion, which will see a fourth tower that will include more hotel rooms, event spaces, F&B offerings and more. The development of the fourth tower is slated to start in July 2025.
