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#1
16-02-2014, 11:10 PM
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Keppel Club first to lose lease to accommodate 6.9mil popn.
An honorable member of the Coffee Shop Has Just Posted the Following:
Here is the press release in full from the Ministry of Law: The leases of seven golf clubs will expire in the next 10 years. They will be offered new leases for some of their courses. The leases will be for differing periods which will end between 31 December 2030 and 31 December 2040. They are Changi Golf Club, National Service Resort and Country Club (Changi), Orchid Country Club, Seletar Country Club, Sentosa Golf Club, Singapore Island Country Club (SICC) and Tanah Merah Country Club. One of SICC's two 18-hole courses at the Bukit location will be reallocated as a public course. It will be managed by the labour movement for the general public and for the labour movement, when its lease expires on 31 December 2021. Keppel Club's lease will expire on 31 December 2021. No new lease will be offered as the land is needed for housing development. Achieving balance between competing land use needs Singapore has 17 golf courses (14 private and 3 public) on approximately 1,500 ha of land. The majority of these are located on 30-year leasehold land. Golfing is an activity that is enjoyed by many Singaporeans, with many of them owning or aspiring to own memberships in golf clubs. In addition, the presence of golfing facilities adds to Singapore's attractiveness as a business hub. However, golfing and golf clubs are land intensive and there is a need to balance the competing demands for land. As a result, the amount of land used for golfing will have to be reduced over time, and the sites reallocated for uses such as housing and public infrastructure. Golf course leases Golf club leases are for a fixed term with an end date. This information has always been public and known to those who become golf club members. When the lease ends, the land reverts by law to the Government. This position applies for all State leases, whether the leases are for residential, commercial, industrial or other uses. The Government is taking the step of letting the clubs, their members and the public know the status of expiring leases more than seven years in advance. Click here to view the whole thread at www.sammyboy.com. 
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