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PARLIAMENT

Land costs to expand IRs: S$1.3b for MBS, S$1b for RWS

Parliament told that IRs will pay fair market value for their land; additional costs will be levied for bigger gaming area

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Land to expand Singapore's two integrated resorts (IRs) will cost S$1.3 billion for the 3.3 hectare site for Marina Bay Sands (MBS), while Resorts World Sentosa (RWS) has set aside S$1 billion to intensify the use of its existing land and to buy around one hectare of new land.

Singapore

LAND to expand Singapore's two integrated resorts (IRs) will cost S$1.3 billion for the 3.3 hectare site for Marina Bay Sands (MBS), while Resorts World Sentosa (RWS) has set aside S$1 billion to intensify the use of its existing land and to buy around one hectare of new land....

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