Overview
- Therme Group has begun construction of a seven‑storey wellness attraction in Marina South that it says will span about 720,000 square feet, include more than 20 pools and 70 treatment rooms, and cost roughly $1 billion.
- Company leaders say the project is intended to 'democratise wellness' by benchmarking ticket prices against existing spas and water parks so visits can become a regular health activity for Singaporeans as well as tourists.
- Therme plans to hire about 400 staff for the facility and signed a memorandum of understanding with the Institute of Technical Education and Republic Polytechnic to develop skills and employment pathways for graduates.
- The firm points to its European operations, notably Therme Bucharest, as operational precedent and says Singapore is one of eight sites it plans to launch by 2030 as part of a wider expansion.
- Questions raised in a 2025 New York Times investigation about Therme’s past claims and finances were publicly disputed by Therme and by the Singapore Tourism Board, which said the company’s tender submission showed no misrepresentation of its track record.