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> Kuala Langat - Major theme parks coming

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harrywilsome
post Jul 11 2019, 10:41 AM

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QUOTE(DesRed @ Jul 11 2019, 10:03 AM)
According to the news, Genting sued Disney/Fox for breach of contract (link):

Doesn't look like Fox Studios will take off in Genting after all. Similar to what happened to Dreamworld (Dreamworks) at MAPS.

With this in mind, I'm not even sure if Disney would want to set up a theme park here in the near future. hmm.gif
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Disney is looking to diversify its theme park business e.g. don't want to be too dependent on its Shanghai theme park for its revenue in case there is a prolonged trade war with China. Most American multinationals are now diversifying their supply chains and markets out of China. At the same time, Disney is trying to woo the emerging Southeast Asian, middle eastern and south Asian customers.
exwuliao
post Jul 11 2019, 10:49 AM

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Any latest update regarding this news?
icemanfx
post Jul 11 2019, 11:22 AM

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QUOTE(harrywilsome @ Jul 11 2019, 09:49 AM)
Disney has acquired/bought Fox recently.
Disney has ordered Fox to get out of the licensing deal entirely, since Disney did not want to be associated with a resort development that included a casino. Genting can sue as much as they want but there is 0% probability for Disney to work with  Genting going forward.
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QUOTE(DesRed @ Jul 11 2019, 10:03 AM)
According to the news, Genting sued Disney/Fox for breach of contract (link):

Doesn't look like Fox Studios will take off in Genting after all. Similar to what happened to Dreamworld (Dreamworks) at MAPS.

With this in mind, I'm not even sure if Disney would want to set up a theme park here in the near future. hmm.gif
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Until settlement is reached, nothing is concrete.
Kyotoarm
post Jul 11 2019, 02:06 PM

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I guessed gamuda cove theme park
pilotHans
post Jul 11 2019, 05:32 PM

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QUOTE(willyboy88 @ Apr 13 2019, 11:25 AM)
Yes. Just wait for the official announcement when the time comes.

I find it interesting that two related news comes out on the same day.
1) The reroute of ECRL to use the southern option and at the same time, the official MRL graphics shows https://www.mrl.com.my/BM.png that there will be a new station at Kota Kemuning/Canal city vicinity out of nowhere.
If we look at the initial realigned ERCL map that was distributed on the media, the proposed station is just on the north of Kuala Langat district line. The lines on the map represent each district border in Selangor.
The proposed station is at suspected at where the red star is on the Google map.
(based on the Kuala Langat district borderline on Google map).

2) On the same day, the Selangor Menteri Besar announced that they are in the midst of reviewing approvals of major theme parks construction to be located in Kuala Langat district. He mentioned that these theme parks are located in land in between Kota Kemuning and Sijangkang at Kuala Langat district. Investment worth 15 billion on 800 acres of land.
On the google map, the only 800 acres available between Kota Kemuning and Sijangkang is on the Felda land highlighted by the blue star.

In a sense, these make sense, we have ECRL rail connections that bring loads of tourists from Putrajaya/KLIA/Bangi HSR to the theme parks. The proposed ERCL station could also be connected in the future to the Johan Setia LRT3 line and Putra Height LRT lines to form a big Klang Valley LRT circle loop.
This location is well connected by highways e.g. SKVE, WCE, and KESAS which can bring local tourist to these theme parks. The Boustead cruise ship terminal is nearby, which can bring loads of cruise ship tourists to these theme parks.
If these are Disney theme parks eg. Disneyland, Animal kingdoms, Hollywood studio, Epcot center https://disneyworld.disney.go.com/destinations/
It will nicely compete and complement the Universal Studio in Singapore with both nations air and future HSR connectivity.
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WOW.......my jaw dropped shocking.gif shocking.gif shocking.gif really hope something big that area. wonder what the land transactions are these few months in that area brows.gif icon_idea.gif
mingyew
post Jul 11 2019, 05:42 PM

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QUOTE(pilotHans @ Jul 11 2019, 05:32 PM)
WOW.......my jaw dropped  shocking.gif  shocking.gif  shocking.gif really hope something big that area. wonder what the land transactions are these few months in that area  brows.gif  icon_idea.gif
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latest is this one: https://www.thestar.com.my/business/busines...rby-plantation/
icemanfx
post Jul 11 2019, 08:08 PM

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So much speculation, watch out for lod.

se800i
post Nov 26 2019, 02:50 PM

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QUOTE(willyboy88 @ Apr 13 2019, 12:25 PM)
Yes. Just wait for the official announcement when the time comes.

I find it interesting that two related news comes out on the same day.
1) The reroute of ECRL to use the southern option and at the same time, the official MRL graphics shows https://www.mrl.com.my/BM.png that there will be a new station at Kota Kemuning/Canal city vicinity out of nowhere.
If we look at the initial realigned ERCL map that was distributed on the media, the proposed station is just on the north of Kuala Langat district line. The lines on the map represent each district border in Selangor.
The proposed station is at suspected at where the red star is on the Google map.
(based on the Kuala Langat district borderline on Google map).

2) On the same day, the Selangor Menteri Besar announced that they are in the midst of reviewing approvals of major theme parks construction to be located in Kuala Langat district. He mentioned that these theme parks are located in land in between Kota Kemuning and Sijangkang at Kuala Langat district. Investment worth 15 billion on 800 acres of land.
On the google map, the only 800 acres available between Kota Kemuning and Sijangkang is on the Felda land highlighted by the blue star.

In a sense, these make sense, we have ECRL rail connections that bring loads of tourists from Putrajaya/KLIA/Bangi HSR to the theme parks. The proposed ERCL station could also be connected in the future to the Johan Setia LRT3 line and Putra Height LRT lines to form a big Klang Valley LRT circle loop.
This location is well connected by highways e.g. SKVE, WCE, and KESAS which can bring local tourist to these theme parks. The Boustead cruise ship terminal is nearby, which can bring loads of cruise ship tourists to these theme parks.
If these are Disney theme parks eg. Disneyland, Animal kingdoms, Hollywood studio, Epcot center https://disneyworld.disney.go.com/destinations/
It will nicely compete and complement the Universal Studio in Singapore with both nations air and future HSR connectivity.
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QUOTE(willyboy88 @ Apr 20 2019, 05:48 AM)
Well those are 'Chap Palang' type of theme park ...wont make much differences to local properties market.
Even those mainland Chinese theme park e.g. Wanda etc, dont have a global star power like a Disneyland and Universal Studios. When we have a major player like Disney , they will work their magic. Low value agricultural land (Felda/Felcra land) will transform into high value land. Many agricultural land owner near Johan Setia will be an instant millionaire should a big player like Disney decide to invest here. This may be a win win solution to solve the yearly haze issue at this location.

Well the reason I speculate it may be a Disney theme park are due to

a) Selangor Menteri Besar mentioned "RM15 billion theme park investment on 800 acres of land".
There are not many theme park companies in the world that can risk that much amount of capital.
Disney and Universal Studios are the top two in the world. Another Universal Studios doesnt make sense as we already have one nearby at Universal Studios Singapore.
FYI, Disney invested usd5 billion for the  approx 900 acres theme park at Shanghai Disney in 2013.
With the current trade tension between US and China, it make sense to diversify their investment into other parts of the emerging markets e.g into South East Asia. etc
Genting Singapore soaring net profit led by the USS theme park (non-gaming revenue) has indicated that there are market and money to be made for theme park here in South East Asia. https://www.businesstimes.com.sg/companies-...-business-grows

b) As recent as May 2018, Disney CEO is looking to build a new theme park/opportunities in other parts of the world.
Source: https://www.themeparkinsider.com/flume/201805/6092/
Disney CEO stated ' A new theme park in other part of the world is inevitable, but not immediate'.
One of their objective is to attract the wealthy Middle Eastern and South Asian customers.
Malaysia is well position for attracting tourism dollar for these type customers.
In addition to that, we also have an emerging middle class markets here in South East Asia (Indonesia, Philliphines, Thailand etc) . Total South east asian population is 661 million people is fairly sizable. https://www.worldometers.info/world-populat...sia-population/
We will see if the new Selangor Menteri Besar has any credibility on his words when he decide to release the negotiation news into the local media.
Obviously, as the Menteri Besar has mentioned these are still under negotations but he is optimistic.
A deal may not happen if parties cannot comes to an agreement on the terms.
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i have just read through all your points... well speculated.. I think most probably and if it is a yes, definitely will boost malaysia economic....

QUOTE(onnying88 @ Apr 20 2019, 12:09 PM)
Seriously in Malaysia?

Why not in Thailand?

For sure i wish for a Disneyland in Malaysia, but if i'm Disneyland owner, i will build it in Thailand for sure.
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why in thailand???

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