Beyonce Knowles is set to rent a $7.5 million Singapore apartment.

The "Crazy in Love" singer will be headlining the city's F1 Rocks concert next month and she and rapper husband Jay-Z want somewhere luxurious to stay.

The couple have been looking at plush penthouses in the city's Marina Bay area, and one pad which has impressed them has an incredible 360-degree view of the city and the sea.

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A source said: "Beyonce and Jay-Z love Singapore and don't want to just stay at a hotel while they are their. Some of the apartments they've seen have been fantastic but their favorite is the one of the stunning views."

Beyonce will be joined at F1 Rocks by Black Eyed Peas and N.E.R.D.

The event - which will also feature performances from ZZ Top, Simple Minds, Chinese singer Jacky Cheung, Taiwanese hip-hop band Da Mouth and Taiwanese pop band Sodagreen - is to be the first of eight F1 Rocks concerts planned by Formula One boss Bernie Ecclestone to tie in with races across the season.

The event takes place on the days of September 24-26 at Fort Canning Park, in Singapore. The Singapore Grand Prix is held on September 27.