Singapore Flyer

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Sight Address : 30 Raffles Avenue, Singapore 039803, Singapore (Downtown Core).Edit

Detail InformationEdit

The Singapore Flyer is a giant Ferris wheel in Singapore that was constructed between 2005 and 2008. Described by its operators as an observation wheel, it reaches 42 stories high, with a total height of 165 m (541 ft), making it the tallest Ferris wheel in the world, 5 m (16 ft) taller than the Star of Nanchang and 30 m (98 ft) taller than the London Eye.Situated on the southeast tip of the Marina Centre reclaimed land, it comprises a 150 m (492 ft) diameter wheel, built over a three-story terminal building which houses shops, bars and restaurants, and offers broad views of the city centre and beyond to about 45 km (28 mi), including the Indonesian islands of Batam and Bintan, as well as Johor, Malaysia.The final capsule was installed on 2 October 2007, the wheel started rotating on 11 February 2008 and it officially opened to the public on 1 March 2008. Tickets for rides on the first 3 nights were sold out for S$8,888 (US$6,271), an auspicious number in Chinese culture. The grand opening for the Flyer was held on 15 April 2008.Each of the 28 air-conditioned capsules is capable of holding 28 passengers, and a complete rotation of the wheel takes about 30 minutes.Initially rotating in a counter-clockwise direction when viewed from Marina Centre, its direction was changed on 4 August 2008 under the advice of Feng shui masters.

Singapore Flyer

HistoryEdit

The Singapore Flyer was first conceived in the early 2000s by Patrick MacMahon of Melchers Project Management, a subsidiary of German company Melchers. Formal planning commenced in 2002. A new company, Singapore Flyer Pte Ltd, was formed as the developer, with Melchers Project Management holding a 75% stake, and the remainder held by Orient & Pacific Management.The project was formally announced and endorsed on 27 June 2003 by the Singapore Tourism Board with the signing of a memorandum of understanding, formalising the understanding between the developer and tourism board with regard to the land-acquisition process. Under this agreement, the tourism board was to purchase the plot of land in Marina Centre from the Singapore Land Authority, and lease it to Singapore Flyer Pte Ltd for 30 years with an option to extend the lease by another 15 years. The land was to be rent-free during the construction phase of the project. In July 2003, Jones Lang LaSalle was appointed as the real estate advisor. Takenaka and Mitsubishi were selected as the main contractors, and Arup as the structural engineer.Early designs showed a 169 m (554 ft) tall wheel similar to the London Eye, drawing criticism that it lacked originality. The developers pointed out that the design was not finalised and was merely for conceptualisation purposes, though the final project changed little from the early designs. Subsequently, the project was to grind almost to a halt when the developer faced difficulties in sourcing funds to build the wheel. Original plans to complete the wheel by the end of 2005 were thus postponed indefinitely, and there were reports (denied by the Singapore Tourism Board) that the tourism board has set an ultimatum date of 31 March 2005 for the developer to iron out its financial issues and to keep the development going.By September 2005, the project was revived when funds were successfully sourced from two German banks. Collin William Page, a subsidiary of ABN AMRO, was to provide equity to a maximum of S$100 million, with a further S$140 million coming from HypoVereinsbank. With this injection of S$240 million, the largest single foreign investment in the Singaporean entertainment industry, construction was slated to begin by the end of the month. The stakeholders then were AAA Equity Holdings, Melchers Project Management, and Orient & Pacific Management.In August 2007, Florian Bollen, Singapore Flyer Pte Ltd chairman, raised his stake in the Singapore Flyer from 60% to 90% through acquisition of Melchers Project Management’s 30% stake. The deal was done via AAA Equity Holdings, a private investment vehicle headed by Bollen. Orient & Pacific Management, which spearheaded the project development management, owns the remaining 10%.In March 2010, Great Wheel Corporation, a consultant for the Singapore Flyer, was one of several companies named in a report alleging embezzlement, lodged with the prosecutor’s office in Berlin, Germany. Transfers of €3 million to companies in the Virgin Islands and UK, and monthly payments of €40,000 from the Berlin wheel’s project company, Great Berlin Wheel, to its linked company Great Wheel in Singapore, are questioned. A prosecutor’s office spokesperson said: “We understand there were false contracts concerning non-existing deals, and these contracts were made to take the money for private concerns.”

Must SeeEdit

Must see

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Best Season to VisitEdit

June to July and November to December.

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How to ReachEdit

Taxi : Taxis are generally very hard to get during peak hours (Mon-Fri 7:00am – 9:30am and Mon-Sat 5:00pm – 8:00pm) and on rainy days. If you are at a hotel, have conceirge call you a taxi. If you are out about town and have access to a cell phone- calling for a taxi will cut your wait time by 20 to 30 minutes. All taxis are fitted with meters; all are air conditioned; the majority of the taxis are 5-seaters; about 90% of taxis have radiophones; call booking is done via GPS or digital voice dispatch. All passengers must fasten their seat belts by law.
For taxi Booking fee is SGD $2.3. Minimum fare for taxi is SGD $3 for first 1Km. Fare above minimum fare until 10Km is SGD $0.55 per Km. Fare above 10Km is charge SGD $0.628 per Km. Taxi Waiting charges per hour is SGD $17.6. Peak Hours charges is diffrent.

Bus : Public buses run daily from 5.30am to midnight. Extended night services cost slightly more (a flat rate ranging from $1.50-$3.00). Otherwise, most fares depend on distance travelled and range from 67 cents to $1.58 for air-conditioned comfort (almost all public buses in Singapore have air-conditioning today). There are also “feeder” bus services that charge a flat rate of 67 cents. Each bus should not take more than 15 to 20 minutes to arrive at the bus stop.

Train : Singapore MRT system is very well connected to different parts of Singapore and very clean! If you have the time and plan to explore around little Sunny island, get the the Singapore Tourist Pass!
It runs 6am-12mn, fares start at S$1 (70cents in EZ link). Tickets can be purchased in all MRT stations. You just have to insert your money through the ticket machine. Rush hour’s usually 7am-9am, 11am-2pm and 4pm-7pm.

Air : Changi Airport is the country’s main airport. From the airport there are a number of ways to get into the city:
Taxi is easiest – simply follow the signs after clearing customs. Meters are always used in Singapore and prices are reasonable. A trip to the city during the day will be between $20-$30 including $3-5 airport surcharge. An additional 50% surcharge applies between midnight and 06:00.
Limousines charge a flat $50 to anywhere in the city and are a pretty good deal after midnight, as you can skip the queue and avoid the surcharge. The same pricing applies to chartering van-sized MaxiCabs, which are good for large families or if you have lots of baggage.
Shuttle – Shared six-seater MaxiCab shuttle service to designated areas/hotels costs $7 and can be booked in advance or in the arrivals hall. 6AM-2AM, every 15-30 min.
Subway – MRT trains run from a station between T2 and T3, but you’ll need to change trains at Tanah Merah to a city-bound train: just exit through the left hand side door and cross the platform. The 30 min ride to City Hall station costs $1.90 plus a refundable $1 deposit, and trains run 05:31-23:18.
Bus – Bus terminals can be found in the basements of T1, T2 and T3. 06:00-23:59 only. Fares are less than $2.00, exact fare required (no change given) if you pay cash.

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