As expected, the Singapore government has issued its Request For Proposals for an integrated resort (IR) on Sentosa Island, detailing the criteria by which the bids will be judged. Unexpectedly, the proposed site will be larger than anticipated at 49 hectares (120 acres), and the land price has been fixed at S$605 million (US$382 million) with land tenure of 60 years.

According to the Singapore Tourism Board, a large-scale iconic development and a ‘must-visit’ attraction for visitors is envisaged for Sentosa Island. Projects submitted must be for a world-class tropical resort that offers the whole family a fun and pleasurable leisure experience to broaden Singapore’s tourism and entertainment options.

The four listed evaluation criteria are as follows:
a) Tourism Appeal and Contribution (45%)
b) Architectural, Design and Concept Excellence (25%)
c) Level of Development Investment Committed (20%)
d) Strength of the Consortium and Partners (10%)

A summary of key RFP specifications for the Sentosa IR includes site parameters and the restrictions to the casino concession. The government insists that the design and layout of the IR should reflect and respect the local context of the site, specifically its tropical island nature with its lush natural greenery and marine / coastal frontage. This translates to low-rise structures along the waterfront, open spaces, extensive landscaping, preservation of selected trees and attractive shade structures. In addition, the IR shall provide good physical connectivity and integration with the rest of Sentosa.

The IR operator will have the concession to operate a casino for 30 years. Apart from this concession, the IR operator has to apply to the Casino Regulatory Authority for a Casino Licence to operate the casino. During the period of 10 years from the date of the signing of the Sentosa Agreement, only two Casino Licences will be issued – one for the IR on Sentosa and the other for the IR at Marina Bay.

The maximum permitted gaming area is 15,000 square metres with no more than 2,500 gaming machines. There are strict social safeguards, including provision for the setting of voluntary loss limits. Casino tax, set for 15 years, will be 15% on monthly gross gaming revenue (GGR) from regular players and 5% monthly GGR from premium players. The deadline for applications is 10 October 2006. Kerzner International, Harrah’s International and Genting International are expected to submit bids, although if either Harrah's or Genting are awarded the Marina Bay licence they would be ineligible. (E-04.28.06)

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