The Business Times
business-time-50
THE LEVEL GROUND

Should the prime Raffles Town Club site be earmarked for HDB homes?

google-preferred-sourceAdd BT as a preferred source
Leslie Yee

Leslie Yee

Published Mon, Nov 27, 2023 · 01:29 PM
    • Facade of Raffles Town Club, whose lease at Plymouth Avenue will not be renewed, with the site being slated for future housing development.
    • Facade of Raffles Town Club, whose lease at Plymouth Avenue will not be renewed, with the site being slated for future housing development. PHOTO: BT FILE

    SINGAPORE’S various social and recreation clubs offer their members use of a wide range of dining and sports facilities as well as opportunities to network and participate in curated events. I enjoy being a member of two such clubs.

    Still, there are doubts over the long-term viability of clubs as dining, entertainment, wellness and leisure options abound in Singapore.

    While clubs in general grapple with staying relevant over the longer term, members of Raffles Town Club (RTC), located at 1 Plymouth Avenue in the heart of Bukit Timah, face a pressing problem in the short term.

    ResidentialSingapore propertySingapore residential propertyHDBBTOPrime Location Housing model (PLH)InequalityThe Level Ground

    TRENDING NOW

    Traffic through the strait has been resuming but with interruptions, and there is still little clarity over a permanent solution for passages through the chokepoint.

    Qatari LNG ship struck in Strait of Hormuz, testing US talks

    This comes after a Citi note on Tuesday that lifted target prices for all Singapore banks, with a leading preference and “buy” call for DBS.

    DBS, OCBC and UOB shares hit all-time highs as sentiment improves

    Aster deputy CEO Andre Khor, citing the age of the “polycrisis”, says: “It’s very important to be agile, to be focused on execution… We don’t know all the answers but we keep going forward.”

    ‘Baptism of fire’: Andre Khor on leading Singapore refiner Aster through an energy crisis

    Singapore ranks as the world’s most expensive city for cars and placed third globally for residential property.

    Singapore retains top spot as most expensive city for HNWIs, with five Apac cities in global top 10

    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