SINGAPORE, 4 November 2025 — Therme Group, the leading global developer and operator of next-generation wellbeing destinations, today announced that it will be developing a S$1 billion state-of-the-art wellbeing oasis in Singapore, following the award of the Concept and Price Revenue Tender for a Wellness Attraction at the Marina South Coastal site by the Singapore Tourism Board (STB). This marks Therme Group’s first foray into Singapore, creating Asia’s first large-scale social wellbeing infrastructure project and the Group’s inaugural destination in the region.
 
The winning bid in the tender outlines the development of a sweeping urban oasis on the 4-hectare waterfront site next to Marina Barrage and Gardens by the Bay. It is projected to welcome around 2 million visitors annually when it reaches full operational capacity, with about half being overseas visitors.
 
The development will embrace its connection to the sea, integrating water, nature, and architecture to bring holistic wellbeing into everyday urban life. Developed in partnership with Singapore’s award-winning multinational architecture firm DP Architects and Therme ARC (Therme Group's in-house architecture practice and design company), the project is envisioned as a world-class, year-round destination designed to reinforce Singapore’s position as an urban wellness haven.