The Business Times
business-time-50

Mah Bow Tan-linked venture, Allen Law-owned entity vying for Marina South wellness project

STB is evaluating the bids received from Therme Group Singapore and Platinum Heights to develop the 4 ha site

Summarise
google-preferred-sourceAdd BT as a preferred source
Jessie Lim

Jessie Lim

Published Tue, Sep 9, 2025 · 07:50 PM
    • Singapore Tourism Board is expected to award the tender for the Marina South wellness site in early 2026.
    • Singapore Tourism Board is expected to award the tender for the Marina South wellness site in early 2026. IMAGE: STB

    [SINGAPORE] A Singapore Tourism Board (STB) tender to develop a 4-hectare waterfront wellness attraction in Marina South has drawn two bids, which the STB is now evaluating.

    In response to queries from The Business Times, STB said on Tuesday (Sep 9) that bids were received from Therme Group Singapore and Platinum Heights at the close of the tender in April 2025. 

    Therme Group is an international wellness group headquartered in Austria, known for its wellness resorts featuring saunas and spas.

    Singapore tourismSingapore Tourism Board

    TRENDING NOW

    SIA said macroeconomic and geopolitical developments, including the Middle East conflict, continue to add uncertainty to the airline industry’s operating environment.

    SIA sinks into the red with S$76 million Q1 loss as fuel costs jump

    National Development Minister Chee Hong Tat noted that the public housing market has seen a moderation in resale flat prices over the past few quarters, following multiple rounds of cooling measures as resale prices surged.

    15-month wait-out curb lifted for private property owners buying HDB resale flats

    National Development Minister Chee Hong Tat says: “The best way is for the government to shape behaviours with the judicious use of market-based incentives, where possible.”

    ABSD deadline extended to up to 7 years for developers of large en bloc sites to encourage reuse of land

    Norris Road in Little India. An operator of unlicensed money remittance services for migrant workers was sentenced to jail recently.

    A ‘shadow bank’ hiding in Singapore’s Little India casts light on financial services gap

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More