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The encyclopedia · Strategy & Leadership · Strategic decision · 1992–1999

Tang Dynasty City rebuilt ancient Chang'an in Singapore — for seven years

A 12-hectare replica of Tang-era Chang'an opened in Jurong in 1992 as park and film studio; it closed in 1999 with debts up to S$62M and stood derelict.

Tang Dynasty City · Far East Holdings International · 1999

What happened

Hong Kong tycoon Deacon Chiu Te-ken opened Tang Dynasty City in Jurong on 12 January 1992: 12 hectares beside Jurong Lake recreating the Tang capital Chang'an, with materials and craftsmen shipped from China — ramparts, a terracotta-warrior underground palace and a replica of the Small Wild Goose Pagoda. The budget grew from S$50 million to S$70 million, with press estimates reaching S$100 million.

The park was also meant to seed a Chinese film industry in Singapore, with studios and a tax holiday — but only one Hong Kong film was primarily shot there, and crews clashed with paying visitors. As a theme park it struggled: admission of S$15 was seen as steep (later cut to S$7), the exhibits were static, there was no air-conditioning in the tropical heat, and a 1994 survey found just 1.6 percent of overseas visitors had been.

The Asian financial crisis finished it. Tang Dynasty City entered judicial management with debts of up to S$62 million and closed in 1999. It stood abandoned for nearly a decade — ironically longer as a ruin than as a park — until demolition in 2008; a planned Shaolin-themed resort for the site fell through in 2001.

Why it happened

  • Two businesses shared one gate and neither worked: film crews and tourists got in each other's way.
  • The product ignored its climate and its price point: static exhibits, no air-conditioning, and a ticket Singaporeans thought steep.
  • The timing broke it: the 1997 Asian financial crisis hit just as the park needed tourists it had never retained.
What it costup to S$100M spent, closed with S$62M debtscostly

The lesson

Tang Dynasty City spent up to S$100M building ancient Chang'an for visitors who stayed away; closed in 1999, it lasted longer as a ruin than as a business.

Aftermath

The site was cleared in 2008 and left vacant. Tang Dynasty City remains Singapore's emblematic case of imported heritage as a business model.

Sources

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