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Arena Market: Singapore

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Long renowned as a major hub in Asia’s live entertainment scene, Singapore’s standing was cemented when it was confirmed that it would be the only Southeast Asian country to host Taylor Swift’s colossal Eras Tour earlier this year.

Despite criticism from representatives of other territories in the region, the Singapore Tourism Board’s decision to subsidise an exclusivity deal with Swift promoter AEG reaped massive rewards. The 55,000-capacity Singapore National Stadium saw the megastar take the stage across six nights in March.

However, at arena level, acts tend to go for the National Stadium’s sister venue, the 34-year-old Singapore Indoor Stadium (15,000). Artists in 2024 include NCT Dream, Conan Gray, and Olivia Rodrigo.

In March 2024, the government announced plans to replace the venue as part of the its plan to transform the Kallang Alive Precinct around the Sports Hub, with a S$165m fund set up by the Ministry of Culture, Community, and Youth to attract and host major sporting events there. The timeline for construction was not yet announced at press time.

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