The Singapore Land Authority (SLA) recently awarded Lam Chee Development Pte Ltd (“Lam Chee”) (南集发展有限公司) a plot of State land at Tuas West Drive of about 25,000 square metres (equivalent to about 3 football fields) for motorcross training and racing. It is located next to Tuas Bus Terminal (please see Annex A and B for a map and photograph).

2 This is the first time state land has been awarded for motorcross activities. Currently, two-wheeler motorcross enthusiasts have to travel overseas to enjoy the sport. This is also the first time that Lam Chee is venturing into the motorcross business.

3 Although the tenancy is up to December 2009, Lam Chee has committed to invest at least $250,000. Construction work began in June and it is expected to be ready by early 2008. It will feature a race track, spectator stand with a capacity of 100, a car park for 60 lots, a cafeteria and some retail shops (see Annex C). Lam Chee hopes to attract mainly local racing enthusiasts for motorcross activities on both two-wheel and four-wheel vehicles. It is also negotiating for tie-ups with private motor clubs and associations.

4 In selecting the winning bid, SLA considered among other factors, the tendered price, concepts, proposed uses, track record and financial health of the bidders. Of the 2 bids received, Lam Chee submitted the higher bid of $8,521 per month, about 13.6% more than the guide rent. Please see Annex D for the full tender schedule.

5 Lam Chee’s Director, Mr Oh Keh Yew William, sees a huge potential in the motorcross industry. He said: “In recent years, there has been a growing number of racing enthusiasts in Singapore. This is evident by the strong turnout of competitors and spectators at our Kallang Carpark races. However, they want much more. They travel regularly to the Pasir Gudang racetrack in Johor Bahru, Malaysia, to sharpen their skills and test the performance of their vehicles. So we thought, why not have our very own racetrack in Singapore? Racing enthusiasts can indulge in this extreme activity without leaving the country. We will provide an ideal place for our riders and drivers to practise their skills safely.”

6 Mr Oh believes that with Singapore’s recent successful bid of the Formula One race, there will be positive interest generated for motor sports in Singapore. Besides marketing efforts to generate greater public awareness and interest in the sport, Lam Chee is also mindful of the noise impact on the environment. The company will engage specialists to manage noise and traffic conditions so as to minimise any adverse impact.

7 On offering the first State land for motorcross uses, SLA’s Director of Land Operations (土地咨询商业处长), Mr Simon Ong (王汉龙), said, “This site at Tuas West Drive is a very good location for motorsports as it is away from the city and will minimize the noise and dust dis-amenities to surrounding land users. Previously, there was no dedicated venue for motorcross activities and enthusiasts held their races in adhoc venues such as Turf City, Lim Chu Kang, Punggol and the area behind Orchard Cineleisure. With the development of Tuas West Drive, there is now a designated venue for motorsports. This is also in line with optimising land use for the Tuas area for community and recreational use, while further development plans are being made for the site.”

8 For media information, please contact Ms Wang Hui Ling, Corporate Communications of SLA at tel: 6323 9116, hp: 9823 1479 and e-mail: Wang_Hui_Ling@sla.gov.sg.

-End-

Issued by:
The Singapore Land Authority
12 July 2007

Attachments

Annex A: Map of State land along Tuas West Drive (Source: SLA)
Annex B: Photograph of State land along Tuas West Drive (Source: SLA)
Annex C: Artist’s impression of the motorcross ground at Tuas West Drive (Source: Lam Chee Development Pte Ltd)
Annex D: Tender schedule of vacant State Land along Tuas West Drive (Source: SLA)

Story Contacts:

From Lam Chee Development Pte Ltd
1) Oh Keh Yew, William 胡啟耀
Director
Tel: 6291 0032
Email: lamchee@starhub.net.sg

2) Cynthia Oh
Executive Director
Tel: 6291 0032
Email: cynthiaohsiting@hotmail.com

About Lam Chee Development Pte Ltd

Lam Chee Development Pte Ltd is established in 2006 and is one of the affiliated companies under the Lam Chee Group. The company provides services in various industries including tourism, operations, logistics, civil engineering, general building and mixed construction. Director and founder Mr. William Oh has more than 20 years of experience in project management, building and civil engineering, development and infrastructure works. Lam Chee’s policy is to consistently attain customers’ needs with the highest quality and in the most effective way. Some of its clients include EM Services, various town councils, NUS and NTU.

About SLA

Singapore Land Authority (SLA) is a statutory board with the Ministry of Law. Its mission is to optimise land resources for the economic and social development of Singapore. SLA is responsible for the direct management of some 14,000 hectares of State land and about 5,000 buildings. It is also in charge of land sales, leases, acquisitions and allocation, developing and marketing land-related information, and maintaining the national land information database through digitised land information services. SLA is also the national land registration authority for property transactions, and the issuance and guarantee of land titles in Singapore. It also manages and maintains the national land survey system, including the defining of boundaries or legal limits of properties based on a coordinated cadastre survey system. Please visit www.sla.gov.sg for more information.