20 March, 2026
singapore-firm-s-318m-land-buy-boosts-australian-theme-park-plans

Plans for Australia’s newest theme park precinct have received a substantial boost following a significant $318 million land acquisition by an international developer. Singapore-based Ho Bee Land Ltd has secured a sprawling 181-hectare site in Queensland’s Moreton Bay region, with ambitions to build 1,400 homes. This development is strategically located in Elimbah, just an hour north of Brisbane, and a mere kilometer away from the proposed Infinity Planet theme park, which is slated to open before the 2032 Olympic Games.

The announcement comes as Brisbane’s preparations for the 2032 Olympic Games have spurred a surge in development interest across Queensland’s southeast. Ho Bee Land Ltd, controlled by Singaporean billionaire Chua Thian Poh, is among several developers eyeing Elimbah for projects that promise to transform the area into a global tourist hotspot.

Transforming Elimbah: A Vision for the Future

The masterplanned community envisioned by Ho Bee Land Ltd will not only include residential spaces but also schools, green areas, and approximately 25 hectares of commercial spaces. This comprehensive development plan is expected to significantly enhance the region’s infrastructure and appeal.

Meanwhile, the proximity to the ambitious Infinity Planet project adds another layer of excitement. The $2.6 billion Dubai-style entertainment precinct is set to transform a former strawberry and macadamia farm into a bustling tourist destination. The development application, currently with the Moreton Bay Regional Council, outlines plans for a theme park, a 700-room hotel, and a cultural mall, all designed to be operational before the Olympic Games.

Infinity Planet: A New Era of Entertainment

Infinity Planet’s plans include fifty cultural pavilions representing various countries, a 9,000-seat events venue, and a massive 136,000 square meter retail and dining precinct. The theme park itself is expected to feature roller-coasters and other attractions, drawing an estimated 1.2 million visitors annually. The retail and dining areas are projected to attract an additional 1.8 million visitors each year.

While developers are planning for about 10,000 car spaces, there is a strong emphasis on encouraging public transport to access the precinct. RHC City, the developer behind Infinity Planet, also envisions a business and technology park complementing the entertainment facilities.

RHC City chief executive Ramin Ahmadi stated, “Infinity Planet will be Australia’s largest purpose-built integrated entertainment city. We want to present Australia’s culture to the world, and bring the world’s culture to Australia.”

Economic Impact and Job Creation

The construction phase of Infinity Planet is anticipated to generate over 1,000 jobs, with the precinct itself creating more than 4,600 jobs once fully operational. This influx of employment opportunities is expected to stimulate the local economy and support the region’s growth as a tourist destination.

According to industry experts, the combined developments in Elimbah could position the region as a significant player in Australia’s tourism sector. The strategic timing of these projects, aligned with the upcoming Olympic Games, is likely to attract both domestic and international visitors.

Looking Ahead: Potential Challenges and Opportunities

While the prospects are promising, the developments also face potential challenges, including environmental concerns, infrastructure demands, and the need for sustainable growth. Balancing these factors will be crucial to the long-term success of the projects.

As the plans progress, stakeholders will need to address these challenges while capitalizing on the opportunities presented by the region’s transformation. The developments in Elimbah represent a significant shift towards creating a vibrant, culturally rich, and economically robust community.

With the 2032 Olympic Games on the horizon, the eyes of the world will be on Queensland. The successful execution of these projects could set a precedent for future developments across Australia, showcasing the country’s potential as a global leader in tourism and entertainment.