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 MRT 3 Canceled. HSR Canceled.

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ManutdGiggs
post May 31 2018, 07:25 AM

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It's more like MEH wanna hav ec at 1 go. Kantoi is the ultimate result.

Slow n steady win the race. Tortoise has done tis b4.
ManutdGiggs
post May 31 2018, 10:15 AM

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Giv has a harapan acc now. Those who whine should contribute more in order for malai to cont building.

To me I would prefer to get the stability now than later.

Wat one should worry bout is how much irb gonna adjust the tax rate in the near future if v fail to cover the hole created by the great be end.
ManutdGiggs
post May 31 2018, 10:35 AM

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QUOTE(value_investor @ May 31 2018, 10:28 AM)
I tend to think Mahathir has aversion towards metro rail projects & Singapore more than anything to do with the budget.

https://www.thestar.com.my/news/nation/2018...near-singapore/

During his previous tenure, he didn't do anything to improve public transport, yet build mega skyscrapers and tons of highway!

Why don't he announce cancellation of ECRL / Pan-Borneo highway and Bandar Malaysia? I feel HSR & MRT3 are very good compared to the former!
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Highway is for excise duty ma when the car sales is gd. 🤣

Skyscraper I dunno la. It doesn't seem to generate income fr tourism.

Connectivity is important n good but just not when one is unable to fund it.

Same in prop. Abusing the bank loan ll onli end with hard life. Leverage is gd onli when there is sufficient back up.

No absolute rite or wrong. It's timing I guess.
ManutdGiggs
post May 31 2018, 10:42 AM

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QUOTE(value_investor @ May 31 2018, 10:36 AM)
Najib maybe corrupted but GST & MRT / HSR public transport are good initiatives as they can benefit propel the economy compared to 10% SST & mega skyscrapers and highways. Highways only encourage more people to drive and waste money!
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Gst is gd. No dispute. But til v r shown where or wat the money is spent on.

Spending to drive is actually income to gov la. 😅😅😅 And of cos public transport ll oso generate income to gov if the ridership is perfectly gd n dun need bailout due to cronyism.


ManutdGiggs
post May 31 2018, 10:45 AM

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QUOTE(nexona88 @ May 31 2018, 10:43 AM)
just chill guys..

MRT 3 might make comeback later on.. I mean maybe another 10 years time tongue.gif

HSR too (depending on the SG outcome)
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Hsr ll be on map again since tun has gotten island

For now we just need to pray n trust him

We dun need to know each n every of his strategies

Gd or bad v need to wait 😉
ManutdGiggs
post May 31 2018, 10:47 AM

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QUOTE(value_investor @ May 31 2018, 10:44 AM)
They are 2 school of thoughts not enough fund one can choose to cut or choose to increase income. Mahathir choose austerity, let's see how well it will turn out since these will cause recession next quarters. He could also choose to increase our GDP maybe by selling Bandar Malaysia land to foreign investors / delaying GST until SST kicks in? Also can renegotiate / tender those projects so no corruption involved, why he is scrapping everything in such a haste other than to gain popularity or personal vendetta? Don't forget how vengeful this authoritarian was and is!
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For me kitty cat I ll make sure I grab the best deal in fd b4 recession kicks in with lower fd rate 🤩😋
ManutdGiggs
post May 31 2018, 10:48 AM

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QUOTE(~C.W.S~ @ May 31 2018, 10:45 AM)
When I work with a client in Europe the company CEO own 3 porsche in his house but he choose to take bus to work biggrin.gif
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Weather does play a part. In malai I dun wanna use deodorant b4 goin into a meeting room 🤣🤣🤣
ManutdGiggs
post May 31 2018, 11:20 AM

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QUOTE(~C.W.S~ @ May 31 2018, 11:17 AM)
Yes weather does play big part of reason why people prefer to drive rather than walk, even myself won't mind enjoy walking with nice cold weather to train/bus station.

Another thing I noticed things gone wrong is the road constructor in Malaysia can't even build proper walk path using logic and common sense. It was build like it is not friendly to human lack of attention to details. (oh wait they can't even fix a road hole properly what do I expected so much?)
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Maybe pH should set a kpi til the public toilet n public amenities r properly maintained b4 rakyats deserve mrt3😂😂😂

It's alwiz domino effect than wrong doin fr 1 end.
ManutdGiggs
post May 31 2018, 02:08 PM

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QUOTE(icemanfx @ May 31 2018, 12:38 PM)
Unless the gomen allowed myr to free fall, bank interest rate is more likely to rise than drop.
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Why so serious ar boss??? U just need to be prepared to handle both outcomes. Not tat difficult unless u r not capable 😜😜😜
ManutdGiggs
post May 31 2018, 10:21 PM

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QUOTE(nexona88 @ May 31 2018, 10:19 PM)
HSR will only become financially viable in 70 years
https://www.malaysiakini.com/news/427627

OMG!!!
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If no maintenance or wear n tear
ManutdGiggs
post May 31 2018, 10:28 PM

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QUOTE(nexona88 @ May 31 2018, 10:26 PM)
ahh yes..

doubt the train, system & tracks can last that long  laugh.gif
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Jibby debated on multiplier effect. I afraid b4 tat happen vin malai kantoi liao


ManutdGiggs
post Jun 4 2018, 11:49 AM

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QUOTE(nexona88 @ Jun 4 2018, 11:27 AM)
Actually HSR is good if we have the right population.. Let's say 80mil or 100mil...

Then I sure HSR is sustainable.... Can cover the cost & have good riderships numbers....
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By then u need more trains n routes n ll incur higher wear n tear which at the end of the day LPPL. Its nvr ending wan la. Unless 80m 100m population to sapot tis size of hsr without expansion or same maintenance cost.

For now let's focus on the current issue. 😊
ManutdGiggs
post Jun 5 2018, 09:53 PM

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QUOTE(raw7118 @ Jun 5 2018, 09:47 PM)
The convenience of MRT can only be fully optimized by having a very good bus transport system. Else reaching only the MRT station is not attractive enough to improve ridership. We need to improve the bus services first so that we can reach each and every corner of KV.
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Buses nowadays are unlike mini bus decades ago. Those mentality n working attitude of hoping to work onli 3.5 days with 3.6k starting salary ll onli drag us further backward. No chansi to move forward at all. Btw v r oledi 20yrs behind time ya.

It's OK. Not to worry too much as malaisial is so darn rich til bank couldn't afford to keep anymore money tat v hav to keep cashi in condo.
ManutdGiggs
post Jun 5 2018, 09:56 PM

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QUOTE(nexona88 @ Jun 5 2018, 05:25 PM)
MRT is actually good if your home & working place is directly link.. I mean station just next door only.....

But the main complaints is needed to walk far... Park & ride... Etc.
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Boss if we hav a cool dry weather of around 20°c all yr long I really dun mind to walk or cycle to work or meet client.

Btw our pedestrian walkway n cycling lanes r champion quality. Onli Eskimo has the privilege to hav used the beta ones.
ManutdGiggs
post Jun 16 2018, 08:25 AM

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QUOTE(Cabinda @ Jun 16 2018, 04:39 AM)
I was wondering how the fk moderator allow this kopitiam talk in property talk.. most of the discussion is about transportation, doesn't seems to be part of property.. this show how fking bias is moderator towards some of the property thread like cyberjaya.. most cyberjaya thread got removed.. in lyn there is no watchdog to monitor those incompetence moderator?
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Since when mod is acting fairly🤔🤔🤔

 

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