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> KL-Singapore bullet train cost USD 10 billion, will be funded 100% private? (News)

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Kampung2005
post Mar 4 2012, 03:50 PM, updated 8y ago

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News from Singaporean newspaper Lianhe Zaobao

http://www.zaobao.com/yx/yx120304_003.shtml

» Click to show Spoiler - click again to hide... «


Key points

- A research done by SPAD has mentioned the possible cost of building KL-Singapore bullet train is slightly below USD 10 billion

- The research of the feasibility of KL-Singapore bullet train is said to be concluded this month

- Other researches pertaining the project might be completed by first quarter of 2013, this may include whether there is subsidy, operating cost and overheads etc

- Funding said to be 100% from private source

- Construction cost is much lower than Taiwan high speed rail because the line will not elevated due to the advantage of the geography in Malaysia

- There might be no subsidy for the HSR as it is privately funded

- The design of the project may take 1 and a half year

- Construction may take between 3 and 4 years

This post has been edited by Kampung2005: Mar 4 2012, 03:51 PM
YameteOniichan
post Mar 4 2012, 03:53 PM

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I wonder if it is profitable..... Usually they can only make profit if they serve as carp transporters
Kampung2005
post Mar 4 2012, 03:57 PM

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Not mentioned, as the project is still under "research".

The biggest challenge is how to ask Singapore government permission or funding to tunnel in Singapore.
Human Nature
post Mar 4 2012, 04:17 PM

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QUOTE(Kampung2005 @ Mar 4 2012, 03:57 PM)
Not mentioned, as the project is still under "research".

The biggest challenge is how to ask Singapore government permission or funding to tunnel in Singapore.
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malaysian gov should not be viewed as 'begging' for it else singapore gov can use it as leverage to their advantage, something the like water treaty etc. the idea is to make singapore gov view it as a necessity for them as well. simbiotic.
automan5891
post Mar 4 2012, 04:19 PM

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Later Mas, Air asia and bus express people bising.
JinXXX
post Mar 4 2012, 04:21 PM

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QUOTE(automan5891 @ Mar 4 2012, 04:19 PM)
Later Mas, Air asia and bus express people bising.
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sell off 1/2 their asset and fund the bullet train = long term cash cow..

then i can stay in kl and work in singapore

yeahhhhhhh

or stay in singapore and work in kl
joe_mamak
post Mar 4 2012, 04:22 PM

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No way it can be 100% privately funded.
ozak
post Mar 4 2012, 04:24 PM

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It quite difficult for private to fund with US10billion. And the ticket price sweat.gif
toa cheng
post Mar 4 2012, 04:27 PM

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we need bullet train from lowyat plaza to bora bora island
itanium
post Mar 4 2012, 04:30 PM

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Eventhough end of the day the private sector is goin to fund this mega project, due to the high profiling involved - Mehsian mentality as usual people will start saying cronies songlaping the rakyat's moneh this and that.

Look at TF and AA and his F1 team. You still see un-educated idiots blabbering Naza using rakyat's moneh, AA songlap rakyat's moneh etc etc.

Personally i feel this project should just go ahead regardless who finances it as long its running well and serves it intended purpose. The detractors can just happily gotohell.
kevin23
post Mar 4 2012, 04:31 PM

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Really waste of funds..why do we need a bullet train to sg? We have airasia who provide daily flights to sg at such cheap rates and if we cant fly, we can always drive...down, who would take bullet train from kl to sg seeing that a one way trip might cost a few hundred bucks..
Kampung2005
post Mar 4 2012, 04:32 PM

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QUOTE(joe_mamak @ Mar 4 2012, 04:22 PM)
No way it can be 100% privately funded.
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I agree.
Kampung2005
post Mar 4 2012, 04:34 PM

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QUOTE(kevin23 @ Mar 4 2012, 04:31 PM)
Really waste of funds..why do we need a bullet train to sg? We have airasia who provide daily flights to sg at such cheap rates and if we cant fly, we can always drive...down, who would take bullet train from kl to sg seeing that a one way trip might cost a few hundred bucks..
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In theory, HSR ticket is always cheaper than taking flights on LCCs.

A Singaporean radio today mentioned that the ticket is possibly cheaper than the THSR.

Hehe, it is also China's ambition to see Singapore-Kunming rail. laugh.gif

In the case of THSR ride from Taipei to Zuoying (Kaohsiung), standard ticket costs RM 151.

If they can make it around RM 100, it is guaranteed to shut airlines down.

This post has been edited by Kampung2005: Mar 4 2012, 04:36 PM
JinXXX
post Mar 4 2012, 04:39 PM

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private funding 10bil okie what

china can fund that amount easy easyyy
Kampung2005
post Mar 4 2012, 04:40 PM

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QUOTE(JinXXX @ Mar 4 2012, 04:39 PM)
private funding 10bil okie what

china can fund that amount easy easyyy
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It is hard to believe private sector alone can shell out RM 30-something billion.

No way this can happen.

This post has been edited by Kampung2005: Mar 4 2012, 04:41 PM
YameteOniichan
post Mar 4 2012, 04:40 PM

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a train from singapore to china... this is full of win.

Then they should also venture train from singapore straight into europe, and a bridge to US. rawr.
kevin23
post Mar 4 2012, 04:42 PM

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QUOTE(Kampung2005 @ Mar 4 2012, 04:34 PM)
In theory, HSR ticket is always cheaper than taking flights on LCCs.

A Singaporean radio today mentioned that the ticket is possibly cheaper than the THSR.

Hehe, it is also China's ambition to see Singapore-Kunming rail.  laugh.gif

In the case of THSR ride from Taipei to Zuoying (Kaohsiung), standard ticket costs RM 151.

If they can make it around RM 100, it is guaranteed to shut airlines down.
*
I doubt it will that cheap.. U can see Tokyo to kyoto bullet train fares are usd160 one way ,which is almost same distance with kl-sg .. So it will be around that price .. Rm350 one way .. Crazy exp!

And bullet train will take maybe 2 hours, flight 45 mins..
Kampung2005
post Mar 4 2012, 04:47 PM

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QUOTE(kevin23 @ Mar 4 2012, 04:42 PM)
I doubt it will that cheap.. U can see Tokyo to kyoto bullet train fares are usd160 one way ,which is almost same distance with kl-sg .. So it will be around that price .. Rm350 one way .. Crazy exp!

And bullet train will take maybe 2 hours, flight 45 mins..
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You cannot compare Japanese ticket price with us, because pricing is always tied to local purchasing power.

Bullet train from KL-SG will take 90 minutes. Flight is 45 minutes, but Changi is far from Singapore downtown, so does KLIA from KL city.

The station of bullet train is KL is said to be inside KL city, whereas it is said that Singapore station is in city area as well.

Taiwan High Speed Rail (300 km from Taipei-Kaohsiung) costs RM 151 for std ticket despite the train is supplied from Japan.

China is even cheaper, RM 2xx for 1,318 km ride from Shanghai to Beijing.

That said, one challenge remains..............no way this project can be funded by private sector, it does not make sense.
mabaw
post Mar 4 2012, 04:53 PM

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If 100% private money i doubt government can control the price of ticket.unless subsidy laaa
fittri
post Mar 4 2012, 04:59 PM

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is tabung haji going to have share like in KLIA Ekspress ?
YameteOniichan
post Mar 4 2012, 05:10 PM

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Probably cost going to be burned by epf again....trolololol
yeezai
post Mar 4 2012, 05:18 PM

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why everything built here will cost USD billion more then other country ???
dplaya
post Mar 4 2012, 05:32 PM

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This is why sometimes I just hate our damn government.

http://forum.lowyat.net/topic/1676280/all
Here.. Previously talked about it. Its around RM 10 to 12 billions... And now WOALA... It's becomes USD 10 billions.. equivalent to RM 30 billions at least!

Just 1 year plus apart..

NOTE : OOPPS... It's privately funded.. but wait... is our government going to compensate if lack of passengers? Bail out?

This post has been edited by dplaya: Mar 4 2012, 05:34 PM
rcracer
post Mar 4 2012, 05:40 PM

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Usd 10 billion is a ridiculous amount of money , really so much travel between sg and kl that can cover the cost of building and running ?

I don't think so
YameteOniichan
post Mar 4 2012, 05:41 PM

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I prefer if they use the money top build more mrt in kl
kalandra
post Mar 4 2012, 05:43 PM

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Singapore have around 3million people, Peninsular Malaysia have around 25million people only.

How many tickets need to be sold for it to be profitable.

QUOTE(YameteOniichan @ Mar 4 2012, 05:41 PM)
I prefer if they use the money top build more mrt in kl
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Then everyone will live in KL because they work in KL only. Having this high speed rail allows people who doesn't live in KL to work in KL, could at least slow down property prices in KL.

This post has been edited by kalandra: Mar 4 2012, 05:45 PM
ichi_24
post Mar 4 2012, 05:45 PM

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huh if bullet train straight to sinkapork within under 1 hour, oh joy

i be shopping there like madmen
Kampung2005
post Mar 4 2012, 05:47 PM

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QUOTE(kalandra @ Mar 4 2012, 05:43 PM)
Singapore have around 3million people, Peninsular Malaysia have around 25million people only.

How many tickets need to be sold for it to be profitable.
Then everyone will live in KL because they work in KL only. Having this high speed rail allows people who doesn't live in KL to work in KL, could at least slow down property prices in KL.
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Singapore has 5.1 million people.

For calculation in Malaysia, since the line is only between KL and Singapore, then we should only consider Klang Valley + N9 + Melaka + Johor. Roughly speaking, got 10 million or so. I think the catchment is around 15 million ppl or so.
fuzagi
post Mar 4 2012, 05:48 PM

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what arent ridiculous here? a simple building that couldve been built with RM10m was reported to have costed RM80m. where have all the profit seeped to? yall know
kalandra
post Mar 4 2012, 05:50 PM

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QUOTE(Kampung2005 @ Mar 4 2012, 05:47 PM)
Singapore has 5.1 million people.

For calculation in Malaysia, since the line is only between KL and Singapore, then we should only consider Klang Valley + N9 + Melaka + Johor. Roughly speaking, got 10 million or so. I think the catchment is around 15 million ppl or so.
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Will eventually link up with Ipoh/Penang right? Be dumb not to.
Kampung2005
post Mar 4 2012, 05:51 PM

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QUOTE(rcracer @ Mar 4 2012, 05:40 PM)
Usd 10 billion is a ridiculous amount of money , really so much travel between sg and kl that can cover the cost of building and running ?

I don't think so
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KL-SG route is actually one of the busiest travel route in south east Asia, the other routes that can compare to this is probably Jakarta-Surabaya.

That said, look at the cost of building HSR in other country...

THSR (Taiwan) = USD 18 billion for 345 km long line

In China, Shanghai-Nanjing bullet train line in 2008, estimated at USD 5 billion something.
kacanghijau12
post Mar 4 2012, 05:51 PM

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How many years to turn to profit? Taiwan HSR turn into profit or not. Which is the most successful HSR? Japan?
ichi_24
post Mar 4 2012, 05:53 PM

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QUOTE(Kampung2005 @ Mar 4 2012, 05:47 PM)
Singapore has 5.1 million people.

For calculation in Malaysia, since the line is only between KL and Singapore, then we should only consider Klang Valley + N9 + Melaka + Johor. Roughly speaking, got 10 million or so. I think the catchment is around 15 million ppl or so.
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even if give roughly 5 million user annually, revenue should shot up very fast, if the ticket pricing is accordingly

i don't mind the timing of the train (given if it below 90 minutes) the important is the pricing of bullet train ticket vs airline ticket
ichi_24
post Mar 4 2012, 05:54 PM

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QUOTE(kalandra @ Mar 4 2012, 05:50 PM)
Will eventually link up with Ipoh/Penang right? Be dumb not to.
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if ipoh/penang can be stage 2 implementation


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post Mar 4 2012, 05:54 PM

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i tot gomen ban this idea the last time YTL proposed?
Kampung2005
post Mar 4 2012, 05:54 PM

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QUOTE(kacanghijau12 @ Mar 4 2012, 05:51 PM)
How many years to turn to profit? Taiwan HSR turn into profit or not. Which is the most successful HSR? Japan?
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Japan is the most successful, because from Tokyo to Fukuoka alone has 82 million people.
rcracer
post Mar 4 2012, 05:56 PM

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QUOTE(Kampung2005 @ Mar 4 2012, 10:51 AM)
KL-SG route is actually one of the busiest travel route in south east Asia, the other routes that can compare to this is probably Jakarta-Surabaya.

That said, look at the cost of building HSR in other country...

THSR (Taiwan) = USD 18 billion for 345 km long line

In China, Shanghai-Nanjing bullet train line in 2008, estimated at USD 5 billion something.
*
I see then 10 billion is cheap already
Kampung2005
post Mar 4 2012, 05:58 PM

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QUOTE(rcracer @ Mar 4 2012, 05:56 PM)
I see then 10 billion is cheap already
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I think opting for China will be even cheaper smile.gif

As always, they have lower construction cost, equipment cost etc.
YameteOniichan
post Mar 4 2012, 06:04 PM

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But China trains.....
kacanghijau12
post Mar 4 2012, 06:04 PM

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I prefer Japan trains. Looks nice...
alaskanbunny
post Mar 4 2012, 06:25 PM

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QUOTE(Kampung2005 @ Mar 4 2012, 03:57 PM)
Not mentioned, as the project is still under "research".

The biggest challenge is how to ask Singapore government permission or funding to tunnel in Singapore.
*
sg gomen ptui also can get $25 bill d la

QUOTE(joe_mamak @ Mar 4 2012, 04:22 PM)
No way it can be 100% privately funded.
*
from asian development bank can...

i think jhr to sg enough already...
Kampung2005
post Mar 4 2012, 06:25 PM

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QUOTE(alaskanbunny @ Mar 4 2012, 06:25 PM)
sg gomen ptui also can get $25 bill d la
from asian development bank can...

i think jhr to sg enough already...
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Malaysia is not entitled for loans from the ADB.

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