The land where the Singapore Turf Club (STC) in Kranji sits will be returned to the Government by March 2027, making way for housing and other developments in the area. These include previously announced plans to redevelop the area around Woodlands Checkpoint, enhance...
STC, which employs about 350 people, will run its last race, the 100th Grand Singapore Gold Cup, on Oct, 5, 2024, before it shuts its facility by March 2027.
STC staff will be retrenched in phases starting 16 months from now, in October 2024, said both ministries in the statement. STC will continue to honour existing contractual obligations with its tenants and livery horse owners. The Singapore Turf Club moved to its present site in Kranji from Bukit Timah in 1999. PHOTO: LIANHE ZAOBAO FILE
STC chairman Niam Chiang Meng said each race brings in about $400,000, which adds up to $1.1 billion a year currently. The Kranji racecourse seats up to 30,000 spectators in a five-storey grandstand and includes light masts, which allowed for the introduction of night racing then.The club was founded in 1842, and in 1988 became managed by the Tote Board when the board was set up. Singapore Pools took over the management of horse betting in 2019.
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