SINGAPORE — The curtain will draw on a 180-year horse racing tradition in Singapore when the Singapore Turf Club holds its last race, the 100th Grand Singapore Gold Cup, next year before they handover the 120 hectares of land in Kranji on which the racecourse sits back to the government in 2027 for redevelopment.
In a joint media release by the Ministry of Finance and the Ministry of National Development, it said that the decision was reached after the government had ‘continually reviewed its land use plans to meet today’s needs while ensuring there is sufficient land for future generations and that the local horse racing has also experienced declining spectatorship over the years.’
The Singapore Turf Club holds about 550 races per year, and it said that average attendance dropped from about 11,000 to 6,000 from 2010 to 2019 during the pre-Covid 19 pandemic. It worsened when the racecourse was reopened to the public in April last year when the average attendance was about 2,600.
It added that the area comes within other major plans for Singapore’s northern region, which include redeveloping the Woodlands Checkpoint, enhancing Woodlands Town under the Remaking our Heartland programme, and master planning Lim Chu Kang into a high-tech agri-food cluster.“MND will also take into consideration the needs and requirements of various equestrian entities that intend to continue operating in Singapore, including compatibility with other land uses being considered for the area.
Property Property Latest News, Property Property Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: asiaonecom - 🏆 10. / 59 Read more »
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Source: TODAYonline - 🏆 1. / 99 Read more »