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 MRT 3 Canceled. HSR Canceled.

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icemanfx
post May 30 2018, 10:51 PM

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QUOTE(howszat @ May 30 2018, 10:34 PM)
What is the difference between Malaysia, and those other Asian countries I mentioned then?
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Snatch theft.
icemanfx
post May 31 2018, 03:47 AM

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QUOTE(gks @ May 31 2018, 12:28 AM)
the direction of population growth usually will be concentrated along the line. Just like how highways help in boosting the township, the rails will have same impact.

However in case of MRT3 i believe it is a strong case for connectivity which current rail transport is lacking now.
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Lrt have been completed many years ago. Has population growth near lrt faster?

icemanfx
post May 31 2018, 03:48 AM

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QUOTE(HELLO HELLO @ May 31 2018, 12:57 AM)
gorek gorek..  rclxms.gif soon or later all developments will follow along mrt 1 & 2 line. macam chain reaction.  bruce.gif manyak case studies.
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What is difference between mrt and lrt?
icemanfx
post May 31 2018, 10:23 AM

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How much has property price near mrt1 stations rise since mrt1 in operation from mrt1 factor alone?

Mrt3 may have extensive connectivity. The connectivity mean beneficial to whole kv, is unlikely to have any impact on property price.

icemanfx
post May 31 2018, 12:38 PM

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QUOTE(ManutdGiggs @ May 31 2018, 10:47 AM)
For me kitty cat I ll make sure I grab the best deal in fd b4 recession kicks in with lower fd rate 🤩😋
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Unless the gomen allowed myr to free fall, bank interest rate is more likely to rise than drop.

icemanfx
post May 31 2018, 03:11 PM

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mrt3 is good to have but not at this price or debt level. given how mrt2 contract is awarded, the only practical way to reset mrt3 is to cancel it and reconsider after next ge.

icemanfx
post May 31 2018, 10:19 PM

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QUOTE(xcoselete @ May 31 2018, 08:58 PM)
MRT 1st year ridership forecast: 442k. Actual ridership: 115k. 74% shortfall. Travel time cost savings pun overestimated. So tell me again berapa manyak low income group take train?
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bn forecast number on public transport is to justify the project not meant to be close.

icemanfx
post Jun 1 2018, 07:25 AM

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Completion of mrt 1 hasn't shown any significant price rise on property near mrt stations.

Whether mrt3 continue or discontinue, over supply has more material impact on kv property price.

This post has been edited by icemanfx: Jun 1 2018, 07:26 AM
icemanfx
post Jun 1 2018, 11:47 AM

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For public transport to be popular, beside convenience, fare has to be affordable. with amount of donations paid for mrt 1 and 2, fare couldn't be affordable and operator will loss money for decades.

the only practical solution to reset mrt3 cost is to cancel and reconsider before or after next ge.

icemanfx
post Jun 3 2018, 09:38 PM

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QUOTE(aspartame @ Jun 3 2018, 06:45 PM)
On the other hand, those that support cancellation also might have selfish intentions

- they bought properties along MRT 1 or 2 and now hopes MRT 3 is scrapped so they hope their props are more scarce smile.gif

- they do not stay in KV and so MRTs do not benefit them at all

- those still waiting to buy properties or have sold and now hope property market will stay down aka property overhang smile.gif

I am fine either way, though I prefer MRT 3 to be built just because I want KV to be more canggih...

Oh well, another rambling ...
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MRT 3 and hsr may be beneficial but not at inflated price. The only way to remove donation to umno politicians is to cancel the project and call for a tender later.

Rakyat could withstand a few years of delay without major detrimental effect on economy. Those have vested interest took a bet on speculation.
icemanfx
post Jun 12 2018, 04:21 PM

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QUOTE(Ckmwpy0370 @ Jun 12 2018, 11:39 AM)
Could be postponed many years, until next change of gomen or indefinitely.
icemanfx
post Jun 12 2018, 06:59 PM

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QUOTE(planc @ Jun 12 2018, 05:29 PM)
Erm..postpone instead of cancel need to pay penalties? icon_idea.gif
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A project like hsr needs many approvals e.g land acquisition. A single missing approval could suspend the commencement, continuation or completion.
icemanfx
post Jun 17 2018, 05:47 PM

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QUOTE(BEANCOUNTER @ Jun 17 2018, 05:30 PM)
Ercl cannot cancelled already.

Withdrawal fee is myr20bil.
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Better not to throw good money after bad. Rather loss $20b than $50b. $30b saved could spend on more useful infrastructure or tax cut.

This post has been edited by icemanfx: Jun 17 2018, 06:13 PM

 

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