Singapore keen to go yachting

Yachts with small jeeps so you can wheel away, superyachts built with swimming pools that have floors opening into the sea and a wide range of over 60 luxury boats have flocked the marina at the little Sentosa island south of Singapore. Over the weekend, gorgeous vessels such as these which are estimated to be worth over a $500 million will woo prospective buyers, including several millionaires who populate the luxury villas in the southern island at the Singapore Yacht Show 2014.

As the leisure marine industry looks to leave behind the slump, Thai, Malaysian and Indonesian vessels are sharing waters with top international brands in yachting and boating such as Heesen Yachts, Burgess and Curvelle to presenting their vessels on the show. The Yacht Show itself is expected to generate an estimated $20 million in direct benefit to businesses through tourism, hospitality and yacht-related spend. The event touted as Asia's largest yachting, boating and luxury lifestyle event, was officially opened by Singapore second minister for trade, commerce and industry S Iswaran this afternoon at ONE°15 Marina Club.