Singapore's 18,000-Capacity 'The Kallang' Leads a Wave of Asian Venue and Festival Expansion

Industry newsletter IQ Index reports that Singapore is moving forward with a new venue project called The Kallang, with a planned capacity of 18,000 — led by Keith Magnus and designed around the technical and operational demands of modern large-scale touring. The same report also flags festival lineups taking shape in India, a format overhaul at Tomorrowland China, and DEAG founder Peter Schwenkow's return to the live industry with a €100 million venture.
The Kallang: a new 18,000-seat venue for Singapore
The Kallang is one of the most closely watched venue developments in Singapore in recent years. At 18,000 capacity, it sits between an indoor arena and a stadium — a size bracket that's currently a common gap in touring routes across Asia. The project is led by Keith Magnus and positioned as a multi-purpose venue built to serve contemporary large-scale tour production requirements.
- Venue: The Kallang (Singapore)
- Capacity: 18,000
- Lead: Keith Magnus
- Positioning: multi-purpose venue designed for modern large-scale touring specs
Singapore has become a key stop on Southeast Asian tour routes in recent years, and venue supply has long been a limiting factor. If The Kallang opens as planned, it stands to directly shape how touring productions schedule and route through the region.
India's festivals and Tomorrowland China's overhaul
In India, lineups for Lollapalooza India and the Shillong Cherry Blossom Festival are gradually taking shape — one representing an internationally licensed festival brand, the other a homegrown one. In China, Tomorrowland China has announced a restructuring of its existing event format.
IQ Index groups these developments together as pointing to the same underlying trend: Asia's major festival and venue markets remain in an expansion phase, with the pace of new supply as the key variable behind this growth.
Peter Schwenkow's €100 million return to live
Peter Schwenkow, founder of German promoter DEAG, has announced a €100 million (roughly NT$3.5 billion) return to the live entertainment industry, with plans to build a pan-European network of mid-sized promoters. This was the exclusive story leading that issue of IQ Index.
Consolidation among mid-sized promoters has been a central theme in the European market in recent years, and Schwenkow's capital and prior experience at DEAG position this venture as an alternative track running parallel to the major consolidated groups. The same report also noted that NIVA, the US independent venue coalition, has taken a position on California's ticketing legislation.