12 April 2018
- Set to launch in phases starting from the third quarter of 2018, ONE°15 Life is in line with the Group’s goal to offer other lifestyle products and services that complement its core marina business.
- The Group has selected StarHub as its partner to create the new platform.
Singapore, 12 April 2018 – SUTL Enterprise Limited ("SUTL Enterprise”, the “Company” or together with its subsidiaries the “Group”), a leading marina developer, operator and consultant, and owner of the ONE°15 brand today announce plans for a new digital marketplace that will bring together aficionados of lifestyle experiences and purveyors of such bespoke goods and fine services.
To be named ONE°15 Life, the platform is expected to be launched in phases with the first module (or “asset”) – yacht charters – to go “live” in the third quarter of 2018. Other assets including but not limited to, private jet hires and marina services, will be added to the site in subsequent phases.
Not only are the assets exciting, the entire B2B2C ONE°15 Life ecosystem will be the ultimate fulfillment of celebrating a life less ordinary in an intelligent way as it is designed to be an Artificial Intelligence (AI)-ready recommendation engine. With embedded AI, this all-in-one online marketplace will recommend activities and experiences based on the registered profiles of its users and suggest vendors / services that will fulfil their requirements including optional add-ons such as watersport equipment rental and F&B catering in the case of yacht charters.
SUTL Enterprise Executive Director and Chief Executive Officer, Mr Arthur Tay, said: “The ONE°15 brand promise is to celebrate a life less ordinary. With ONE°15 Life, we are essentially building an ecosystem, beyond geographical constraints, working with qualified partners globally and harnessing the power of technology through AI and data analytics, to create a multi-asset online platform offering yachting, jetting and marina services, that will digitally transform and revolutionize the way we celebrate life.”
Mr Trevor Fong, General Manager - ONE°15 Marina (Malaysia, China & North Asia) and Special Projects, who is spearheading the project, said that the yachting module, which will be the first asset to be launched in phase one, will bring marina tourism to the forefront: “The traditional way of chartering yachts can be quite daunting and tedious as it involves long discussions and negotiations that are done through brokers. With ONE°15 Life’s automated recommendation capability, we hope to address this by simplifying the process. We believe that this will contribute towards accelerating the growth of the industry and benefit our core business as a leading developer of integrated marina infrastructure.”
The Group has selected StarHub as its partner to create the ONE°15 Life platform.
Mr Tay said: “We selected StarHub as our strategic partner and tech enabler in our digital transformation journey. With its omni-present channels and island-wide network, StarHub is able to deliver not just the communications and tech solutions that SUTL needs, but also media coverage, to our target markets and audience.”
Dr Chong Yoke Sin, Chief of Enterprise Business Group, StarHub, said: “StarHub has greatly strengthened its enterprise offering in the last couple of years. On top of connectivity services, we now provide a wide range of ICT solutions and digital services, including data analytics, cyber security, IoT, robotics and digital platforms, to help propel the business of our partners and customers. We are excited to be the transformation partner for SUTL, helping them build stronger digital capabilities to seize local and regional growth opportunities in the digital economy. For example, we will be using the anonymised data analytics generated from our consumer business to help SUTL maximise their marketing efforts.”
SUTL Enterprise’s vision is to be the leading premier integrated marina developer and aims to establish a string of marinas worldwide under its ONE°15 brand. Its portfolio comprises ONE°15 Marina Sentosa Cove Singapore and ONE°15 Brooklyn Marina in Brooklyn, New York, USA. The Group also has a robust pipeline with consultancy and management contracts for ONE°15 marinas currently under construction including the Indonesian Navy Club managed by ONE°15 in Jakarta, Indonesia; ONE°15 Marina Guishan in Zhuhai, China; and an agreement with UEM Sunrise Berhad to incorporate a joint venture company to develop a public marina, a private marina and a superyacht marina under its ONE°15 brand in Puteri Harbour of Iskandar Puteri in Iskandar Malaysia, Johor.
Most recently in February 2018, SUTL enterprise announced its intended acquisition of a majority stake in a Thai company, which has the construction permits and development rights for a proposed ONE°15 marina to be located at Makham Bay, Phuket, Thailand.
SUTL Enterprise also has one of the largest fleet of luxury yachts for charter in Singapore, with close to 40 luxury vessels that are available for short term hire for both private and corporate functions. The Group does not own the vessels but acts as a broker between yacht owners, many of whom are members of ONE°15 Marina Sentosa Cove, and potential customers.