Posted by stock_investor > 2018-05-29 07:36 | Report Abuse

u have my 100% support for this article even your stock picking is totally absurd ...

Posted by ABCnewbie > 2018-05-29 08:08 | Report Abuse

The typical price ticket is US$130? Not many will able to afford. Imagine if travelling everyday from home to workplace, what kind of salary we need. Used to travel for work to Seremban from KL, the toll and petrol around RM500 per month. Furthermore the project may not awarded to Japan but China...

Posted by shortinvestor77 > 2018-05-29 08:37 | Report Abuse

Not for this luxury project, HSR, which only benefit high income group (ASk them to take flights lah!). Infrastructure development can be for others that help low-to-medium income group such as LRT-MRT projects.

Posted by boonwei98 > 2018-05-29 08:51 | Report Abuse

When you have 10 outstanding credit cards balance do you still decides to buy a brand new car because its safer? No you bite your teeth either travel by bus or use a motorbike.

Posted by BillyK > 2018-05-29 08:53 | Report Abuse

next to be axed is bandar malaysia

Posted by ohkns > 2018-05-29 08:57 | Report Abuse

Can't compare a single country with 2 different countries involved in the railway line.

Posted by newbie911 > 2018-05-29 08:58 | Report Abuse

Very good sharing.

Posted by moneypedia > 2018-05-29 09:05 | Report Abuse

in fact, the world order has been create to serve debt..that why mahathir before try to use other currency to trade with China, (barter system) and try to use gold (kijang emas) but oppression come from the superpower very strong...if he doing it maybe he will like Gadhafi...so we must support other system,beside this fiat money from now on. thats only will safe us...

Posted by moneypedia > 2018-05-29 09:07 | Report Abuse

anyway nice sharing calvin...can open up our mind a bit...

Posted by Nikmon > 2018-05-29 09:26 | Report Abuse

Of course there is the Trillion Ringgit Debt Load to be cleared. But Compared to Japan, Singapore & USA the Debt to GDP at 80% is really miniscule

compare the ratio with developed country.....idiot.

Posted by teoct > 2018-05-29 10:07 | Report Abuse

I find your argument on road safety just to build HSR too simplistic and most absurd.

While the debt to GDP ratio is 50%, 80% or 200% is MOOT (depend on definition - 2 accountants already do not agree much less non-accountants arguing over this); again comparing countries will be meaningless if they are all not measured to the same (international) basis.

The purpose of having HSR or not should be base on benefit to the country, i.e. Malaysia; not only road safety but also economic and societal.

From the economic angle - my view is it benefit Singapore ONLY. In Malaysia only the rich, to increase the choices they have to go spend money in Singapore. What is there in KL that Singaporean cannot get in Singapore (and better some more).

The societal - through the (major to rural) roads, and Malaysian communities are much more disperse compared with Singapore that is a City state. The improvement of public transportation to the major and rural communities would be much more beneficial than HSR for sure. It will increase the mobility of the community between the urban / rural divide, a movement that will touch more people than HSR ever will.

Posted by cheated > 2018-05-29 10:13 | Report Abuse

A cheat always a cheat still in denial HSR will cancel?

Posted by curious2 > 2018-05-29 10:19 | Report Abuse

M'sia case different. Budget airlines available easily. Just take AirAsia, Firefly,etc if need fast travel.

Posted by Nikmon > 2018-05-29 10:35 | Report Abuse

it is only for short term boosting the infrastructure and surrounding asset, after that tonnes of debt and HSR operator will fall in trouble and required million from Gov to bail out.....why those property investor don't get it.

Posted by hollandking > 2018-05-29 10:40 | Report Abuse

the key issues with the ecrl and hsr is the cost of financing it. Ticket not enough to cover bcoz locals can't afford it or have alternatives.
Perhaps I would say that these projects are not feasible as of now but maybe in the future when the country get more developed, ppl's spending power increases, then currency goes up, then it may be more affordable. Of coz if we look at HSR, Singapore only developed about i think 15km of tracks, while our side developed i think about 300km. So the cost to singapore is much much lower than our side, Singapore definitely stand to gain more because their cost is low and their currency is X3 ours, so definitely on average they can afford the HSR ticket fees more than us locals.

Posted by hollandking > 2018-05-29 10:42 | Report Abuse

and of course an increase in population coupled with good economic fundamental in future will make it more affordable to implement such projects. So currently , i think priority of harapan should be on strengthen the fundamental of the country and developing human capital

Posted by hollandking > 2018-05-29 10:43 | Report Abuse

Calvin, what would happened to properties in Jurong East now that HSR is cancelled

Posted by calvintaneng > 2018-05-29 11:22 | Report Abuse

Good morning to all who visit here.

If Hsr is cancelled those Sporeans as well as Malaysians who bought lands or assets near all 7 HSR stations will be disappointed. Those who overpaid in aticipation might even suffer losses if they try to sell if no holding power.

The idea that Spore might benefit more than Malaysia is still not confirmed by market reality.

About 300,000 to 500,000 Malaysians from all over Johor, Batu Pahat, Kluang(one third of population), Muar, Melaka, Seremban, and Kl are working in Singapore.

As they do take long distance travel to and from Spore for work these should be the beneficiaries as they earn in Strong Sing Dollars and spend in ringgit.

I see lots of workers from China, India as well as many other nationalities working in Spore. I think with HSR many more Malaysians might take over from them as HSR will make it a seamless network for commuting to Spore.

Example work and Stay in Spore on Weekdays and return to stay in Seremban or Kl during the weekend. No need to buy or pay for Singapore cars which is the most expensive in the world.

Since Spore GDP is USD55,000 compared to Malaysia's GDP of USD11,000 which is 5x more the wealth effect of getting High paying jobs in Spore and living in low cost Malaysia will translate into a powerful dynamic growth region from KL all the way along Seremban, Melaka, Muar, Batu Pahat, Kluang, Iskandar, Johor newly formed PH Stronghold.

Seremban has voted PH as one voice. So is Melaka , Muar and Johor the previous BN stronghold that fell like tent pins to PH.

SO IT IS THE DUTY OF PH TO THINK OF THEIR LONG TERM GOOD RATHER THAN IF SPORE OR MALAYSIA SHOULD BENEFIT MORE OR LESS.

IF INDONESIA, THAILAND AND INDIA SHOULD HAVE THEIR HSR WITH SIMILAR COST FACTORS IS MALAYSIA SO POOR NOW AS TO BE UNABLE TO AFFORD ONE?

AND IT IS A MATTER OF TIME EVEN VIETNAM, CAMBODIA, MYANMAR, NEPAL, PAKISTAN AND BANGLADESH HAVE THEIR NETWORKS OF HSR WITH COMPETING BIDDING BY CHINA, JAPAN AND KOREA.

ALSO THINK OF CHINA WHICH HAS 22,000 KM OF HSR TRACKS WHICH IS ABOUT THE LENGTH OF OVER 30 PLUS HIGHWAYS THAI BORDER TO SECOND LINK TUAS SPORE.

IS CHINA SO RICH TO SPEND 22,000 KM OF HSR RAIL OR MALAYSIA TOO POOR TO AFFORD EVEN 3% OF WHAT CHINA HAS ALREADY GOT UP AND RUNNING EVERYWHERE...?

Posted by curious2 > 2018-05-29 11:28 | Report Abuse

Might be UEM S may gain. Since those working in S'pore cannot stay in their hometown eg KL, Seremban, etc they might as well move to JB for cheaper properties.

Posted by Koon Bee > 2018-05-29 11:29 | Report Abuse

See too pug Calvintaneng real STUPID. no need built a multi billion HSR but PH know what to do to make the causeway more efficen and time safer. U go back to your kiasu singland and malaysian no need you. Porak. Pui!!

Posted by Koon Bee > 2018-05-29 11:32 | Report Abuse

Talk kok number 1 calvintaneng...go check last year singapore SmRT had kill how manny people?

Posted by nnMM > 2018-05-29 11:43 | Report Abuse

calvin from jurong

Posted by hollandking > 2018-05-29 11:48 | Report Abuse

well calvin, i think it may have to do with whether if the previous govt had marked up cost of these projects. There's a saying/rumour about a Mr 40%

Posted by hollandking > 2018-05-29 11:50 | Report Abuse

dont be surprised by mark up cost of projects, if u look at the auditor general report, there are always lots of procurements which are double or more of the actual cost.

Posted by relaks > 2018-05-29 12:29 | Report Abuse

Msians work force in Singapore will be ok. So far still survive the travelling. Also, its time to keep local talents for own use,to re build our nation. Enuf brain drain to Singapore.

Posted by qqq3 > 2018-05-29 12:31 | Report Abuse

how do u compare Malaysia with Japan?

Posted by Koon Bee > 2018-05-29 12:36 | Report Abuse

Ask MACC check calvin wether he receive dedak or not!!

Posted by relaks > 2018-05-29 12:38 | Report Abuse

Now our nation at brink of bankruptcy. Talk what need this/that type of “ luxury “? As long as our ppl dont further suffer. Satisfy basic needs 1st.

Posted by Hush77 > 2018-05-29 12:42 | Report Abuse

Now gamuda , mrcb and ytl the winners of the now dead HSR will get dumped..
Properties along the hsr station..ie iskandar, muar , batu pahat , seremban , melaka and bandar msia will drop..the land earlier probably jack up and bought by those cronies...
So its good to ordinary msian..
cheap property price and now no GST .. vry good for normal citizen..
Not good for calvin as his property in iskandar will drop

Posted by hollandking > 2018-05-29 12:45 | Report Abuse

hush77 is right, there are properties/land in jhr which have been jacked up too. So they will go down too.

Posted by relaks > 2018-05-29 12:53 | Report Abuse

FYI, all along, residential properties memang tarak gst. Only commercial properties kena.

Posted by Hush77 > 2018-05-29 13:00 | Report Abuse

So property counters will drop like sime , ijm , uem, gamuda, ecoworld, etc..since earlier they must be buying and hoarding lands along the hsr terminal at top price...
Now property prices will be more affordable to the rakyat msia.

Posted by KingsMan > 2018-05-29 13:17 | Report Abuse

Using Japan as a comparison is not fair. Despite carrying huge debts, Japan has other strengths which Malaysia doesn't have yet.

Posted by calvintaneng > 2018-05-29 13:22 |

Post removed.Why?

Posted by hollandking > 2018-05-29 13:31 | Report Abuse

GST removed, revenue will be lost,
One of the main reason BN lost bcoz their policies or way they do things increase cost of living. One of it is properties went up a lot, if you claim HSR increase lands/property a lot, if Harapan continue supporting it, they will be booted as well.

Posted by calvintaneng > 2018-05-29 13:34 | Report Abuse

It is not property prices high or low

IT IS THE OVERALL INCREASE OF VALUE IN THE QUALITY OF LIFE AND HIGH PAYING JOBS

SEE HOW EXPENSIVE IS TOKYO? YET JAPAN FUNCTIONS

AND HONG KONG AND SINGAPORE PROPERTIES ARE AMONG THE WORLD'S MOST EXPENSIVE.

YET THE PEOPLE LIVE HAPPILY IN HARMONY.

PROSPER THE ECONOMY BY VALUE ADDING AND NOT BRIBERY THEN ALL WILL PROSPER AS ONE

Posted by relaks > 2018-05-29 13:40 | Report Abuse

What for earn high pay just to pay the high cost of living! Gomen should decrease the cost of living, increase quality of living. Make basic stuff very affordable.

Posted by calvintaneng > 2018-05-29 13:59 | Report Abuse

HIGH PAY WITH HIGH COST OF LIVING AT LEAST BETTER THAN NO JOBS LIKE GREECE

IN THE USA THERE WAS A JOKE ABOUT RUSSIA IN THOSE EARLY DAYS

"THEY SAY IN RUSSIA THEY DON'T NEED TO PAY INCOME TAX. THE REASON, "WELL, THE COMMUNIST RUSSIANS HAVE NO INCOME".


Once upon a time under Mao Tze Tung everything was cheap in China

Rent control cause a house to be rented out for only One Dollar per year

But were those China people happy in Chairman Mao time?

Do Chinese want the cheapness of Chairman Mao time?

JUST THINK?

Posted by traderman > 2018-05-29 13:59 | Report Abuse

Japan don't have 1JDB

Posted by chinaman > 2018-05-29 14:04 | Report Abuse

In 2008 the Malaysian government halted the project citing high-costs of over RM8 billion. From myr8billion initial cost increase to myr110billion within 10 year lag...how to swallow??

Posted by nnMM > 2018-05-29 14:07 | Report Abuse

those having properties in iskandar n jurong feeling the burnt

Posted by TrippleZ > 2018-05-29 14:35 | Report Abuse

Government changed. Fair enough for some people to lose money.

Posted by AdCool > 2018-05-29 14:45 | Report Abuse

We don't have the money. End of story. Nobody can afford to pay RM300 per way from KL to Singapore for daily commute. Even for those who stay in Johor and need to fork out RM150 per way. Who can afford RM300 x 22 working day = RM6600 per month to travel to work from Johor to Singapore? Even with 20% discount for frequent commuter, that would be RM5280. That would be around SGD1800. Unless that person easily earn SGD15K, I dont think anyone in their right minds would want to stay in Malaysia while work in Singapore. Maybe for weekend travel still possible but would that justify the cost of building it when the train is half empty from Monday to Friday but fully occupied on weekends?

Posted by calvintaneng > 2018-05-29 14:56 | Report Abuse

No lah. Not don't have money. It is, "Don't have the Will only"

In Japan they got Rm55 Trillions Debt yet they want to build more latest HSR

https://en.wikipedia.org/wiki/Shinkansen#Maglev_trains_2

For US already Rm84 Trillions in Debt

See US DEBT

http://www.usdebtclock.org/


With USD Debt up to the nose Donald Trump is proposing another USD1.5 Trillions (Rm6 Trillions Debt) for US Infrar works

See

https://economictimes.indiatimes.com/news/international/business/us-president-donald-trump-unveils-massive-1-5-trillion-infrastructure-plan/articleshow/62891649.cms

Posted by beso > 2018-05-29 15:21 | Report Abuse

this calvin really problematic minded， japan and malaysia are totally not comparable, japan population is about 7x more than malaysia, japan built shinkansen on their own without any foreign infrastructure and technology players participation thus japan had the economy scale to justify shinkansen hsr project but not malaysia.

Posted by calvintaneng > 2018-05-29 15:33 |

Post removed.Why?

Posted by beso > 2018-05-29 16:10 | Report Abuse

since calvin is so unknowledgeable, let me tell you
indonesia population is as many as japan
india population is slightly more than 1.3b
thailand population is 2.x time more than malaysia
see it watery brain

Posted by Patron > 2018-05-29 16:49 | Report Abuse

it's well known that Tan End the sakai will quote this quote that and relate everything that's in his favour.

Posted by calvintaneng > 2018-05-29 17:16 | Report Abuse

it is not polpulation alone. it will be the purchasing power of people...especially malaysians working in Spore for 1st world salary scale

Posted by calvintaneng > 2018-05-29 19:46 | Report Abuse

The kl spore air route being the hottest is just an indicator of the prevailing boom in Asia Pacific Center.

More underlying positives are the rise of trade within Asean, China, Korea and Japan to the North, India to the West and Indonesia, Australasia to the South.

So many more trucks and lorries will travel south to Iskandar and Spore for import and export of goods and services

SO HSR IS NOT AN OPTION BUT A NECCESSITY

100 YEARS AGO THE FIRST CAR TOOK ONE FULL DAY TO TRAVEL FROM KL TO KELANG

TODAY WITH KLANG VALLEY EXPRESSWAY IT TAKES ONLY ONE HOUR

SO IS THE INTERNET. ALL COPPER WIRES CHANGED TO OPTIC FIBER FOR THE SPEED OF LIGHT

HSR BEING THE FASTEST AND SAFEST LAND TRANSPORT IS THE ULTIMATE FOR GROWTH AND PROGRESS