SINGAPORE- The Pines club in Stevens Road has put up its shutters ahead of major redevelopment works.
But members can use the social facilities of the Laguna National Golf and Country Club in Changi for now. Both are owned by motoring tycoon Peter Kwee.
The Oct 31 closure follows a deal in March, when a unit of developer Oxley Holdings agreed to buy the 18,477 sq m plot for $318 million.
It will develop two eight-storey hotels and another two commercial buildings. A four-storey clubhouse will be built for members' use. Construction is set to take two to three years.
The club's office operations are still in Stevens Road, but they are expected to shift to the Laguna club by the end of the month.
Oxley had acquired the property on a 103-year lease, although it sits on freehold land.
A notice on the club's website said that works are due to start by the end of this month. Oxley declined to comment on the construction details.
Members do not have to pay additional charges on top of existing subscription fees to use Laguna's social facilities. But they will not have access to the club's golfing facilities.
Laguna Hospitality managing director and chief executive Patrick Bowers said subscription fees range from $90 to $150 a month. The Pines has about 1,200 members, he estimated.