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 High Speed Rail Link Singapore Malaysia

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cockee
post Feb 20 2013, 01:34 PM

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Actually, this project is good.
But to straight forward link this project to increase in property value is too simplistic.

First of all, there are quite some post already on the potential ticket price, so i wont talk on that.
Let's says it's about RM250 per trip.

So if you stay in KL and work in SG, you will spend RM500 per day to travel to and from work. I repeat.. RM500 per day. Think about it.
You are earning SG, so you will be paying about SG200 PER DAY to travel. If you work averagely 20 days a month, that would work out to SG4000 per month on travelling alone. This is only the financial cost, not including the time cost incurred for immigration checks, queuing, travel to station etc.

With SG4000 per month, you can rent a bloody comfortable place in SG already lar! Even can get spare changes! Hahahaha!
So will anyone with any financial sense do that?

Therefore, why how would this help KL property prices? If you say Segamat, Muar maybe still can make a bit sense lor..

Optimism is fine, but not the blind type!

 

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