The Singapore Government has announced that the land in which the Singapore Turf Club (STC) sits will be handed back to the Government in 2027, for redevelopment.
STC will close its facility by March 2027. However, STC will hold its final race meeting, featuring the 100th Grand Singapore Gold Cup as its last race on 5 October 2024.
Founded in 1842, STC is Singapore’s only horseracing club. STC is spread across 124-hectare Kranji grounds with a 30,000-capacity Grandstand.
Due to Singapore being land-scarce, the Government continually reviews its land use plans to 'best meet the needs of Singaporeans.' STC has seen a consistent decline in custom over the past decade, so the Government has decided it is time for a revamp.
The Club will provide support and assistance during this process. Racehorse owners and trainers will be offered support for horse maintenance and exportation upon the closing of the Club.
Singapore Turf Club Chairman Mr. Niam Chiang Meng said: “We are saddened by the decision of the Government to close the Club. At the same time, we understand the land needs of Singapore, including housing and other potential uses such as leisure and recreation."
Mr. Niam added: “Singapore Turf Club recognises that the Kranji site is a valuable resource that can help meet the evolving needs and aspirations of Singaporeans, and this transition will serve to optimise land use for the greater good of the local community and future generations. We are aligned with the Government on the need to invest in the future of Singapore.”