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Loss in revenue, gains for the rakyat

The reason I put the title as such is to tell everyone that when it comes to public transport, it is important for the public to enjoy as much as possible; lower rates. However, by giving lower rates, it will also mean that the government will have to subsidise the potential loss in revenue from … Read moreLoss in revenue, gains for the rakyat

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LRT3 is important. Please manage it well.

Connectivity enhances productivity and economic activity. This is why countries like Singapore continue to enhance theirs. Its transport minister Khaw Boon Wan said, ““The Government will continue to heavily subsidise public transport – S$5 billion for buses, S$4 billion for rail renewal and S$20 billion for expanding the rail network in the next five years.” … Read moreLRT3 is important. Please manage it well.

MRT station? Walkway just 15 metres. Cool…ing!

I am writing this article outside Perak’s public library. My kids and wife are inside the library (air-conditioned) and both kids are playing because this library has a games / kids room. The place I am at is outside the library and it’s not air-conditioned. Fortunately, there’s some occasional breeze. Temperature is an issue here … Read moreMRT station? Walkway just 15 metres. Cool…ing!

10 things you should know about My100 and My50. Lower costs = Higher savings.

Some time ago I wrote this. This RM100 is positive for the property market. If we are a Malaysian and we need to manage our travelling expenses, please continue reading and then take appropriate actions. If we chose to continue driving because there’s no MRT / LRT / bus stops nearby our home, it’s time … Read more10 things you should know about My100 and My50. Lower costs = Higher savings.

MRT was ‘too big’ and ‘too luxurious.’

I personally like our MRT and has taken it slightly over 10 times since it first started. I have also taken my family on it once. As per one latest number, there are now 130,000 people taking the MRT nowadays. This is less than half the number needed to break-even. I think it will take … Read moreMRT was ‘too big’ and ‘too luxurious.’

Mildly positive and ‘less painful.’ Hmm…

I was giving a talk entitled, “The Key Driver for Property Demand will always be Affordability” in Starproperty.my Fair 2018 in KLCC and I asked the audience about Budget 2019. “How many of you here thinks the Budget 2019 is positive for you?” I looked around and none put up their hands. Perhaps they have … Read moreMildly positive and ‘less painful.’ Hmm…

This RM100 is positive for the property market.

Some say they prefer to drive because it’s only very slightly more expensive than taking the LRT / MRT or public transport. It’s arguable because typical monthly parking in KL should be RM250 or higher. It is definitely untrue come 1st January 2019. The 30-day unlimited Rapid bus and rail pass will be available to Malaysians. … Read moreThis RM100 is positive for the property market.

Additional cuts and MMC-Gamuda will continue with the underground MRT works

Remember that debate online on who’s right and who’s wrong about the MRT Line 2’s underground works? After both sides have their say and supporters, the company which won against many other international bidders is now the ‘winner’ again. After that announcement of them being cut away from the underground MRT Line 2 works, MMC-Gamuda … Read moreAdditional cuts and MMC-Gamuda will continue with the underground MRT works

Half of the cost, going ahead and delayed too; LRT 3

Many friends are now telling me that we should not be buying a property solely because it’s near a LRT / MRT. The reason is because the government is doing lots of cost-cutting and deferment so that the country’s finances can recover.  Seriously, I believe this should always be the case right? If there’s just … Read moreHalf of the cost, going ahead and delayed too; LRT 3

Reconsideration of MMC-Gamuda termination for MRT Line 2

The decision to terminate MMC-Gamuda for the Mass Rail Transit Line 2 will reconsidered. This is the decision of our Prime Minister Tun Dr Mahathir Mohamad. His announcement was published in an article in TheStar.   This is two days after Finance Minister has announced termination of MMC-Gamuda for the underground works for MRT Line 2. Read … Read moreReconsideration of MMC-Gamuda termination for MRT Line 2

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