Finance

Bidding War Heats Up for Marina South's Luxurious Waterfront Wellness Retreat

2025-09-09

Author: John Tan

In a thrilling development for Singapore's wellness tourism sector, a tender from the Singapore Tourism Board (STB) for a stunning 4-hectare waterfront wellness attraction in Marina South has sparked interest from two prominent contenders.

The bidding frenzy features Therme Group Singapore, an international powerhouse in wellness experiences, alongside Platinum Heights, a venture tied to Mah Bow Tan. As the STB wraps up its evaluation of these proposals, excitement is building over the future of wellness in this prime waterfront location.

Therme Group, based in Austria, is renowned for its luxurious resorts that offer a range of wellness amenities, including rejuvenating saunas and lavish spas. Their global experience positions them as a formidable player in this competitive bid.

As Singapore continues to establish itself as a premier wellness destination, the outcome of this tender could redefine leisure and relaxation options in the city, making it a must-visit for health enthusiasts and tourists alike.