Genting Highlands to overhaul theme park - Singapore Forums by SGClub.com
Singapore Forums by SGClub.com
Sitemap Contact Us FAQ Singapore Forums by SGClub.com
Home Photos Member List Register Mark Forums Read  
Go Back Home > Lifestyle > Travel Talk > Malaysia » Genting Highlands to overhaul theme park

Why aren't you a member of SGClub.com yet??

» Join 130,000+ other members in chatting.
» Make lots of new friends here.
» Keep up-to-date with current events.
» Participate in Club outings.
» Download lots of Free Stuff!

Registration just takes 2mins and is absolutely free so join our community today!

I Want to Choose my Own Personal Nickname Now!


Reply
 
LinkBack Thread Tools Display Modes
Old 29th July 2013, 08:21 AM   #1 (permalink)
Experienced SGClubber
*StarDust* has much to be proud of*StarDust* has much to be proud of*StarDust* has much to be proud of*StarDust* has much to be proud of*StarDust* has much to be proud of*StarDust* has much to be proud of

 
*StarDust*'s Avatar
 
Posts: 67,882
Join Date: Oct 2007
Likes: 408
Liked 349 Times in 307 Posts
Gender:

Genting Highlands to overhaul theme park

Genting Highlands to overhaul theme park



Monday, July 29, 2013 - 04:00
Teo Cheng Wee
The Straits Times


Genting, Malaysia's casino resort pioneer now competing with newer, glitzier offerings in Singapore, is partnering with Hollywood studio Twentieth Century Fox - maker of the hit movies Life Of Pi, Alien and Ice Age - as part of a revamp of the 42-year- old hilltop resort.

A RM400 million (S$158 million) theme park will be built on the 10ha site of the current one, which will be closed later this year in September.

When it reopens in 2016, it will feature more than 25 thrill rides, children's rides and water rides with themes from hit movies such as Predator.

Genting is hoping the new attractions will help double the number of visitors to the theme park to 6 million a year.

It will also add 1,300 rooms and explore other developments in an overhaul that is expected to cost at least RM3 billion over the next five years.

The news came amid talk in the past month that the Genting Highlands casino resort, which first opened its doors in 1971, was preparing for a facelift.

The revamped resort could become a more serious competitor to Singapore's Resorts World Sentosa - which is owned by Genting Singapore - and its Universal Studios theme park.

At the launch in Kuala Lumpur yesterday, Genting Malaysia chairman Lim Kok Thay said the company was "honoured" to partner Twentieth Century Fox to "realise the vision of a world-class integrated resort".

"This landmark development is our first response to the growing demand for theme parks with a cinematic nature," he said.

Genting is expecting minimal impact from the temporary closure - the first time its theme park is being shuttered for an extended period - on the casino and resort, which draws 20 million visitors yearly.

Gaming analysts were upbeat about Genting's announcement, with most saying that a revamp was long overdue.

The last major capital expenditure for the resort was in 2006, when Genting added the First World Hotel and convention centre.

The current theme park includes a mix of rides including roller coasters, ferris wheels and kiddie rides.

Kenanga Research analyst Teh Kian Yeong said while the cheapest ticket for the current theme park is RM54, the revamped one can "easily" charge more than RM100.

The move could also help Genting boost its casino business in Malaysia, where 60 per cent of the population is Muslim, who are not allowed to gamble.

Last year, Genting Malaysia's revenue suffered a 7.1 per cent year-on-year decline to RM7.9 billion, though profit was flat at RM1.4 billion.

"It's a new relationship between Fox and Genting… It wouldn't be a surprise if it grows beyond Malaysia," Mr Jeffrey Godsick, president of Fox's consumer products, was quoted as saying by the Wall Street Journal.

It is unclear, however, if the new theme park will draw visitors away from Resorts World Sentosa and its $1.6 billion Universal Studios theme park.

Mr Teh noted that while Genting Highlands had an advantage with its cooler weather and more affordable prices, Fox is still not the "brand name" that Universal Studios or Disneyland are.

This is Fox's second venture into branded theme parks.

In 1999, it launched Fox Studios Backlot in Sydney - a US$261 million (S$329 million) development boasting film and TV studios and a theme park - only to close it two years later because of low attendance.

Others feel that, as a world-class destination, Singapore can still attract a more international, affluent crowd.

The new Genting Highlands is an "upgrade for the benefit of the local population", said CIMB Research analyst Lucius Chong.

"Previously, Genting Highlands could get away with spending less and still pull in the crowd because it was a monopoly.

"Now, more and more Malaysians have travelled the world and make more money.

"They are more discerning and demand quality, especially among the emerging white-collar class working in the Klang Valley," he added.

Source: http://news.asiaone.com/news/malaysi...aul-theme-park

Sponsors:
__________________
"Dear children, let us not love with words or tongue but with actions and in truth". - 1 John 3:18
*StarDust* is offline  
Add to *StarDust*'s Reputation Reply With Quote
Old 29th July 2013, 09:29 AM   #2 (permalink)
Cool SGClubber
Waruvial is on a distinguished road

 
Waruvial's Avatar
 
Posts: 196
Join Date: Jun 2013
Likes: 1
Liked 13 Times in 11 Posts
Gender:

Re: Genting Highlands to overhaul theme park

"with most saying that a revamp was long overdue"

Can't agree with this further, about nearly 10 years overdue.

Waruvial is offline   Add to Waruvial's Reputation Reply With Quote
Old 29th July 2013, 01:12 PM   #3 (permalink)
Addicted SGClubber
2405 is on a distinguished road

 
Posts: 466
Join Date: Feb 2007
Likes: 9
Liked 3 Times in 3 Posts
Gender:

Re: Genting Highlands to overhaul theme park

time to upgrade lah

__________________
WTS Cross Stitch
2405 is offline   Add to 2405's Reputation Reply With Quote
Old 31st July 2013, 07:18 AM   #4 (permalink)
Experienced SGClubber
*StarDust* has much to be proud of*StarDust* has much to be proud of*StarDust* has much to be proud of*StarDust* has much to be proud of*StarDust* has much to be proud of*StarDust* has much to be proud of

 
*StarDust*'s Avatar
 
Posts: 67,882
Join Date: Oct 2007
Likes: 408
Liked 349 Times in 307 Posts
Gender:

Re: Genting Highlands to overhaul theme park

Yes, and it will even be more exciting for the children.

__________________
"Dear children, let us not love with words or tongue but with actions and in truth". - 1 John 3:18
*StarDust* is offline   Add to *StarDust*'s Reputation Reply With Quote
Old 31st July 2013, 09:48 AM   #5 (permalink)
Chocolate or Coffee
LoneLyBy2 will become famous soon enough

 
LoneLyBy2's Avatar
 
Posts: 3,276
Join Date: Nov 2008
Likes: 2
Liked 21 Times in 21 Posts
Gender:

Re: Genting Highlands to overhaul theme park

the theme park so dirty also!! time to burn there are deep pocket!!

__________________
SNSD~Yoona Lover Making Wish that can't be true? Feeling like a bit of Du*b??~

*Have fun in SGClub but pls READ the RULES, Report Bad Posts and Give Reputation to Good Ones!*
LoneLyBy2 is offline   Add to LoneLyBy2's Reputation Reply With Quote
Old 10th August 2013, 10:31 AM   #6 (permalink)
Experienced SGClubber
scheng1 has a spectacular aura about

 
Posts: 1,462
Join Date: Mar 2010
Likes: 45
Liked 48 Times in 46 Posts
Gender:

Re: Genting Highlands to overhaul theme park

Close 3 years?!
Wow, that means kids no need go there le, left only those old aunties and uncles to play in the casino. Think the place will be very quiet without kids running about.

__________________
Rich in every sense reveals my deep desire in enjoying life, and be rich in every possible ways.
Personal Finance is about money, from making money to investing money.
scheng1 is offline   Add to scheng1's Reputation Reply With Quote
Old 1st September 2014, 10:40 PM   #7 (permalink)
Addicted SGClubber
claraserene is on a distinguished road

 
Posts: 359
Join Date: Dec 2008
Likes: 0
Liked 3 Times in 3 Posts
Gender:

Re: Genting Highlands to overhaul theme park

The theme park is seriously very old and outdated

claraserene is offline   Add to claraserene's Reputation Reply With Quote
Reply

Thread Tools
Display Modes


Similar Threads
Thread Thread Starter Forum Replies Last Post
Genting plans Jurong hotel and new rides at theme park LoneLyBy2 International & Singapore News 0 10th December 2012 09:04 AM
3D2N Genting Highlands Theme Park Package for 2 pax. Only at S$176. nterence Events & Travel Classifieds 0 12th March 2011 03:10 AM
Genting Highlands TehSusu Malaysia 21 17th January 2011 03:40 PM
Universal Studios to build theme park in S.Korea (Asia's largest theme park) InfiniteJustice International & Singapore News 7 22nd January 2010 07:52 AM
Genting Highlands xUnloved Malaysia 3 18th November 2008 10:45 AM

» Sponsors
Watch Free Movies Online
Celebrity Gossip
Food Delivery

» Facebook Fans
» What's Going On?
Title, Username, & Date
Repost comment.
[Maid abuse] Singapore is a very evil and lawless country. There is broad daylight i
Stupid court of appeal gives red light running driver who hit pedestrian 15% discount
Mum's Kitchen Catering and Cherish Delights get licences suspended after nearly 40 people...
[PMD-pedestrian rules] Singapore Court judges are high handed and biased or court rep
Post anything random on this thread.
Ritter Sport chocolate recalled due to undeclared allergen
Aoki Hagane no Arpeggio: Ars Nova
I really hate my mother!!!
Transcend RDF9K2 All-in-One Card Reader
Transcend ESD250C, a portable SSD that’s super classy
How PAP exploited racial differences to impose FASCIST rule over Singapore.
Up to S$7250 of government $ misused for buying each vote in Singapore?
Funky Fields organic vegan spreadable recalled due to 'undisclosed allergen'
100 hawksbill turtles released into the sea after rare hatching on Sentosa
Inspirational Songs
MOH, SFA investigating after 18 typhoid fever cases in 3 weeks
By militarily invading Hong Kong, Xi Jingping is setting in motion, the wheels of nuc
Deng XiaoPing original vision for HKG- China reunification was for the two to unite a
HSA warns against three products
Featured Photos
by marisoljames322
· · ·
Member Galleries
20359 photos
13619 comments
by marisoljames322
· · ·
Member Galleries
20359 photos
13619 comments
by pdsubbu
· · ·
Member Galleries
20359 photos
13619 comments
by Vikas Dhar
· · ·
Photography
35 photos
36 comments
by aaudreygan
· · ·
Guy Photos
1581 photos
946 comments
by aaudreygan
· · ·
Girl Photos
4351 photos
28608 comments
by a8paris
· · ·
Guy Photos
1581 photos
946 comments
by a8paris
· · ·
Guy Photos
1581 photos
946 comments
by aaricia
· · ·
Girl Photos
4351 photos
28608 comments
by aaricia
· · ·
Girl Photos
4351 photos
28608 comments

 

All times are GMT +8. The time now is 04:23 AM.


Powered by vBulletin
Copyright ©2000 - 2019, Jelsoft Enterprises Ltd.
Copyright© 2004-2013 SGClub.com. All rights reserved.