1°17′21.83″N 103°51′47.63″E / 1.2893972°N 103.8632306°E / 1.2893972; 103.8632306
16-479: The Singapore Flyer is an observation wheel at the Downtown Core district of Singapore . Officially opened on 15 April 2008, it has 28 air-conditioned capsules, each able to accommodate 28 passengers, and incorporates a three-story terminal building. The flyer has made numerous appearances in media and popular culture that features Singapore. The Flyer has an overall height of 165 metres (541 ft) and
32-573: 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
48-477: A counter-clockwise direction when viewed from Marina Centre, but on 4 August 2008 this was reversed on the advice of Feng shui masters. Wheelchair ramps and lifts, handicapped toilets and a dedicated parking lot for the disabled are also provided. On 28 August 2014, Straco Leisure Pte. Ltd. announced the acquisition of Singapore Flyer after embezzlement and financial issues with the now defunct predecessor company, Great Wheel Corporation . Straco Leisure Pte. Ltd.
64-489: A year, the normally constant rotation of the wheel means that a complete trip lasts approximately 32 minutes. The Flyer's 28 air-conditioned capsules are mounted outboard of the rim of the wheel structure, providing continuously unobstructed views. Each capsule has a floor area of 26 m (280 sq ft) and is capable of holding 28 passengers, or up to five wheelchairs and 15 other visitors when booked in advance for use by disabled guests. The wheel initially rotated in
80-700: Is 90% owned by Straco Corporation Limited, a Singaporean listed company that operates tourist attractions in China such as the Shanghai Ocean Aquarium and Underwater World Xiamen. The remaining 10% is owned by WTS Leisure Pte. Ltd., one of the largest private tour bus operators in Singapore. For other quiescent (incomplete, delayed, stalled, cancelled, failed, or abandoned) proposals, see: Ferris wheel#Quiescent proposals Observation wheel Too Many Requests If you report this error to
96-564: 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 . In August 2007, Florian Bollen, Singapore Flyer Pte Ltd chairman, raised his stake in
112-493: The soft launch on 1 March, and the official opening on 15 April, at which Prime Minister Lee Hsien Loong was the guest of honour. The development has a gross building area of approximately 16,000 m (172,000 sq ft), built on a 33,700 m (362,700 sq ft) site along the Marina Promenade. Designed by Arup and Mitsubishi Heavy Industries with a capacity of up to 7.3 million passengers
128-520: 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%. The groundbreaking ceremony was held on 27 September 2005, with Mah Bow Tan , then Minister for National Development, as guest of honour. The spindle
144-625: The Wikimedia System Administrators, please include the details below. Request from 172.68.168.237 via cp1104 cp1104, Varnish XID 204658964 Upstream caches: cp1104 int Error: 429, Too Many Requests at Thu, 28 Nov 2024 07:55:13 GMT Great Wheel Corporation Great Wheel Corporation was a company engaged in the development, building, financing, and operation of Ferris wheels , which they often termed "observation wheels" or "observation platforms". Great Wheel Corporation, registered in Singapore as GWC Holdings,
160-555: The assets of WTA Global Holdings were bought out of administration for £230,000 by Great City Attractions, operating as a subsidiary of Elliot Hall Ltd, a new company set up by WTA Global Holdings director Elliot Hall. In July 2012 it was reported that Great City Attractions had also gone into administration. It ceased trading the following month. In May 2013 the Singapore Flyer went into receivership, and accountants Ferrier Hodgson were appointed as receiver and manager of
176-412: The company set up to build the 208-metre (682 ft) tall Beijing Great Wheel , under construction since 2007, had gone into receivership after breaching the conditions of a loan. On 23 December 2010, the holding company WTA Global Holdings, which traded as World Tourist Attractions, went into administration, having hit financial difficulties due to the seasonal nature of its trade. At that time, it
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#1732780513774192-702: Was a consultant for the 165-metre (541 ft) Singapore Flyer , the world's tallest Ferris wheel since it was completed in 2008. Florian Bollen was chairman of both Great Wheel Corporation and Singapore Flyer Pte Ltd. The Singapore Flyer went into receivership in May 2013. In 2009, Great Wheel Corporation merged with World Tourist Attractions to form Great City Attractions . World Tourist Attractions went into administration in December 2010, followed by Great City Attractions in July 2012. In May 2010, Great Wheel Corporation
208-503: Was fitted on 13 December 2006, and the outer rim was completed on 9 April 2007. Installation of the passenger capsules began on 3 August 2007 and was completed on 2 October 2007. The Flyer opened in 2008. During Chinese New Year , corporate 'inaugural flights' were held from 11 to 13 February, and tickets for which sold out for S$ 8,888, an auspicious number in Eastern culture. The first public rides were on Valentine's Day , 14 February,
224-455: Was one of several companies named in a report lodged with the prosecutor's office in Berlin, Germany, for alleged embezzlement. In 2009, World Tourist Attractions had merged with Great Wheel Corporation to form Great City Attractions , said at that time to be "the world's largest operator of Observation Wheels." [ sic ] In May 2010 it was reported that Great Beijing Wheel Co.,
240-552: Was operating five large transportable wheels in the UK, in Dublin , Liverpool, Manchester , Weston Super-Mare, and Hyde Park in London. Some proved not to be viable during the off-season, while others simply failed to make the profits initially predicted. The company collapsed owing £16.4 million, including £8.9 million to unsecured creditors, who were expected to get nothing. Early in 2011
256-496: Was the world's tallest Ferris wheel until the 167.6 m (550 ft) High Roller , which is 2.6 m (9 ft) taller than the Flyer. 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
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