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Word: megayachts (lookup in dictionary) (lookup stats)
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Customization rules in yacht-building. Onboard gyms and saunas are common, and some of the bigger yachts even have swimming pools. There are also megayacht toys such as small helicopters, minisubmarines, diving bells, and tenders that can accommodate sailboats and speedboats. Annual running costs--including maintenance, crews and berthing fees--tend to be 10% to 20% of the boat's price...

Author: /time Magazine | Title: Full Speed Ahead | 3/20/2008 | See Source »

...amusements will dot the city. Even sleepy Sentosa Island, a 500-hectare tourist hangout located 15 minutes from the city center, is slated for overhaul via a 10-year, $5 billion plan to turn it into a world-class playground for the wealthy, with multimillion-dollar seafront homes, a megayacht marina and a Universal Studios theme park. The point of this real estate renaissance: change Singapore's image as a prosperous but rather dull commercial hub into that of a vibrant, fun destination-a place people will want to live in or at least visit on holiday, not merely transit...

Author: /time Magazine | Title: Singapore Soars | 5/24/2007 | See Source »

...also its first gated community. Each of its approximately 600-sq-m lots will soon sport luxury homes costing up to $20 million, each with infinity pools and private boat berths. Mixed in with the single-family homes will be four condominium complexes, a five-star hotel and a megayacht marina...

Author: /time Magazine | Title: Singapore Soars | 5/24/2007 | See Source »

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