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New developments to share
- Thread starter wuqi256
- Start date
Re: The Epic 
So many parties want to underwrite the cost of this project. Look very likely to proceed.
China shows interest in KL-Singapore high-speed rail project
PUTRAJAYA: China has expressed interest in participating in Malaysia’s 330km-long Kuala Lumpur-Singa*pore high speed rail (HSR) link project.
China President Xi Jinping said the project, together with port development and other connectivity projects, were on top of their overseas investment ventures.
He said they were also ready to consider participating in the Nor*thern Economic Corridor development projects.
“The Chinese government will continue to encourage Chinese companies to participate in Malaysia’s railway, port and other connectivity projects.
“The Chinese government is ready to give positive consideration to participate in the Northern Corridor development projects in the appropriate ways,” he said yesterday at a joint press statement with Prime Minister Datuk Seri Najib Tun Razak after their bilateral meeting at the Perdana Putra Building here.
Earlier this year, Malaysia and Singapore announced plans for the rail link, which is expected to cut land travelling time between the two countries to just 90 minutes.
The project, targeted to be completed by 2020, is reported to cost about RM40bil. Several local and foreign firms have been reported to have started talks to form consortiums to bid for the project.
The firms are MMC Corp Bhd, which may team up with Gamuda Bhd and Chinese and European system integrators and YTL Corp Bhd with Spanish bullet train maker Talgo or CAF.
Other firms are UEM Group Bhd, which is working with Ara Group to form a consortium with European companies that may also include Talgo, while Global Rail is said to be talking to Canada’s Bombardier Inc and Chinese firm China Railway Group.
Xi said during the bilateral meeting that both governments agreed to maintain high-level contacts and this would help enhance coordination on major issues.
“There will be a closer cooperation in defence, law enforcement, security, naval and military exchange, combating terrorism and transnational crime. By doing so, we are going to create a sound environment for the growth and prosperity of both countries,” he added.
He said both countries had agreed to actively advance the construction of science lab and expand the training and exchanges among young scientists.
He added that both governments would also encourage competent and capable companies to take active part in the space and scientific entrepreneur cooperation.
Meanwhile, International Trade and Industry Minister Datuk Seri Mustapa Moha*med said Malaysia was eyeing 5% of China’s US$500bil (RM1.588tril) outbound investments over the next five years.
The country is also hoping to attract 5% of the 80 million outbound tourists from China searching for a suitable holiday destination.
“With its US$500bil set to flow into other countries, China will be an important investment source for us,” he said at a press conference after the Malaysia-China Economic Sum*mit at the Kuala Lumpur Convention Centre yesterday.
Mustapa said China’s huge potential was something that should be looked into by the ministry, Malay*sian Investment Development Authority and Malaysia External Trade Development Corporation.
He said China’s investment in Malaysia was less than the other way around.
“Currently, China’s investment in our country is only about 10% of the US$6.3bil (RM20.05bil) of what Malay*sia invested in China,” Mustapa said.
Asked the reasons for the imbalance, he cited the high speed of development experienced by China.
“There are a lot of opportunities for growth there,” he said, adding that Malaysian businessmen were knowledgeable and attuned to the Chinese market.
Mustapa said Malaysia hoped that China’s industry players would invest in the services and manufacturing sectors here. On the event, he said eight business projects worth RM9bil were signed with China.
So many parties want to underwrite the cost of this project. Look very likely to proceed.
China shows interest in KL-Singapore high-speed rail project
PUTRAJAYA: China has expressed interest in participating in Malaysia’s 330km-long Kuala Lumpur-Singa*pore high speed rail (HSR) link project.
China President Xi Jinping said the project, together with port development and other connectivity projects, were on top of their overseas investment ventures.
He said they were also ready to consider participating in the Nor*thern Economic Corridor development projects.
“The Chinese government will continue to encourage Chinese companies to participate in Malaysia’s railway, port and other connectivity projects.
“The Chinese government is ready to give positive consideration to participate in the Northern Corridor development projects in the appropriate ways,” he said yesterday at a joint press statement with Prime Minister Datuk Seri Najib Tun Razak after their bilateral meeting at the Perdana Putra Building here.
Earlier this year, Malaysia and Singapore announced plans for the rail link, which is expected to cut land travelling time between the two countries to just 90 minutes.
The project, targeted to be completed by 2020, is reported to cost about RM40bil. Several local and foreign firms have been reported to have started talks to form consortiums to bid for the project.
The firms are MMC Corp Bhd, which may team up with Gamuda Bhd and Chinese and European system integrators and YTL Corp Bhd with Spanish bullet train maker Talgo or CAF.
Other firms are UEM Group Bhd, which is working with Ara Group to form a consortium with European companies that may also include Talgo, while Global Rail is said to be talking to Canada’s Bombardier Inc and Chinese firm China Railway Group.
Xi said during the bilateral meeting that both governments agreed to maintain high-level contacts and this would help enhance coordination on major issues.
“There will be a closer cooperation in defence, law enforcement, security, naval and military exchange, combating terrorism and transnational crime. By doing so, we are going to create a sound environment for the growth and prosperity of both countries,” he added.
He said both countries had agreed to actively advance the construction of science lab and expand the training and exchanges among young scientists.
He added that both governments would also encourage competent and capable companies to take active part in the space and scientific entrepreneur cooperation.
Meanwhile, International Trade and Industry Minister Datuk Seri Mustapa Moha*med said Malaysia was eyeing 5% of China’s US$500bil (RM1.588tril) outbound investments over the next five years.
The country is also hoping to attract 5% of the 80 million outbound tourists from China searching for a suitable holiday destination.
“With its US$500bil set to flow into other countries, China will be an important investment source for us,” he said at a press conference after the Malaysia-China Economic Sum*mit at the Kuala Lumpur Convention Centre yesterday.
Mustapa said China’s huge potential was something that should be looked into by the ministry, Malay*sian Investment Development Authority and Malaysia External Trade Development Corporation.
He said China’s investment in Malaysia was less than the other way around.
“Currently, China’s investment in our country is only about 10% of the US$6.3bil (RM20.05bil) of what Malay*sia invested in China,” Mustapa said.
Asked the reasons for the imbalance, he cited the high speed of development experienced by China.
“There are a lot of opportunities for growth there,” he said, adding that Malaysian businessmen were knowledgeable and attuned to the Chinese market.
Mustapa said Malaysia hoped that China’s industry players would invest in the services and manufacturing sectors here. On the event, he said eight business projects worth RM9bil were signed with China.
Re: The Epic
My friedn bought a house in BDO last year and aparently there's a delay in the completion by several months. He's now going to rent in JB as his lease ends here in Oct( he's a SPR, hasnt bought hdb here)
My friedn bought a house in BDO last year and aparently there's a delay in the completion by several months. He's now going to rent in JB as his lease ends here in Oct( he's a SPR, hasnt bought hdb here)
Re: The Epic
I viewed the Opal series of semi-ds. While the price was reasonable compared to neighboring tamans, the quality seemed sub-par.
The road leading to MM needs repair urgently unless you drive an SUV. It's not too far from Bt Indah though.
I viewed the Opal series of semi-ds. While the price was reasonable compared to neighboring tamans, the quality seemed sub-par.
The road leading to MM needs repair urgently unless you drive an SUV. It's not too far from Bt Indah though.
Re: The Epic
On 2nd thought, a likely place of the Huawei datacenter is somewhere near UTM. To manage the datacenter, you need the network specialists. UTM is the place to train these people.
Singapore should enlarge the local talent pool on software development for the e-commerce / financial / manufacturing industries. These people will provide the high value services while residing in Singapore; while their applications can be hosted on the server farms in Iskandar. However a datacenter without high speed connectivity is not very useful. Bet China and Malaysia should lay the fibre optic cables to Singapore to link to the international backbone / trunks.
On 2nd thought, a likely place of the Huawei datacenter is somewhere near UTM. To manage the datacenter, you need the network specialists. UTM is the place to train these people.
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Re: The Epic
Setia Tropika - new launch are Resort, price starts from 3.3 millions, the next phase semi-D starts from 1.8 million onwards. no more affordable houses as it has moved onto luxury segment.
Setia Eco garden - phase-3 Setia Eco Village launch next year, i think likely go into balloting as there are 200 plus units and more than 800 placed 10k for registration and this was two months back. Indicative price 600 ~700k for DS terrace.
Mutiara Mas - if you don't mind leasehold property.
Bandar dato onn - give up after last month launch, no good units left after those early bird buyers had selected.
Setia Tropika - new launch are Resort, price starts from 3.3 millions, the next phase semi-D starts from 1.8 million onwards. no more affordable houses as it has moved onto luxury segment.
Setia Eco garden - phase-3 Setia Eco Village launch next year, i think likely go into balloting as there are 200 plus units and more than 800 placed 10k for registration and this was two months back. Indicative price 600 ~700k for DS terrace.
Mutiara Mas - if you don't mind leasehold property.
Bandar dato onn - give up after last month launch, no good units left after those early bird buyers had selected.
Re: The Epic
Thanks bro! Didn't know mutiara mas is leasehold.. Wow seems like the market is still very hot....
Yes BDO would be good malposo bro. Big mosque, big hospital and possible Aeon, near to my 1st property eco cascadia but looks like not easy to get a unit..
Thanks bro! Didn't know mutiara mas is leasehold.. Wow seems like the market is still very hot....
Yes BDO would be good malposo bro. Big mosque, big hospital and possible Aeon, near to my 1st property eco cascadia but looks like not easy to get a unit..
Re: The Epic
yup as i know your background a bit from our SEC thread i believe it's the best 2nd home for your family. a lot of my friend and colleagues have bought BDO too. the homes there are decently priced, good location and make a humble down to earth home. acerola 2 DST will launch towards end of the year . you can go put your name on their mailing list.
yup as i know your background a bit from our SEC thread i believe it's the best 2nd home for your family. a lot of my friend and colleagues have bought BDO too. the homes there are decently priced, good location and make a humble down to earth home. acerola 2 DST will launch towards end of the year . you can go put your name on their mailing list.
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Re: The Epic
It seems that BDO Acerola 2 is already launched. $585k RM only.
Double Storey Terrace House
Acerola 2
22′X70′
Built up area: 2,095 sq.ft.
Total units: 105 units
http://sharonng37.wordpress.com/
It seems that BDO Acerola 2 is already launched. $585k RM only.
Double Storey Terrace House
Acerola 2
22′X70′
Built up area: 2,095 sq.ft.
Total units: 105 units
http://sharonng37.wordpress.com/
Re: The Epic
Wow, r u Singaporean and husband Singaporean? Was also thinking of buying another one for my second kid but husband thinks they should go for BTO in future but I think difficult with scarce land in singapore. If the transport links improve, living in jb and working in Singapore May really be the future trend.
Wow, r u Singaporean and husband Singaporean? Was also thinking of buying another one for my second kid but husband thinks they should go for BTO in future but I think difficult with scarce land in singapore. If the transport links improve, living in jb and working in Singapore May really be the future trend.
Re: The Epic
Singapore government will not let too much wealth flow out of Singapore. It means the jams will be allowed to worsen.
Singapore government will not let too much wealth flow out of Singapore. It means the jams will be allowed to worsen.
Re: The Epic
Really depends on how successful Iskander is 15-20 yrs from now. Plenty of unknowns. But this is the risk we have to take. If successful, population will grow, thus easy to sell. If not, buy landed is still better than buying condo. At least owning some land will still have some value many years later compared to condo.
Really depends on how successful Iskander is 15-20 yrs from now. Plenty of unknowns. But this is the risk we have to take. If successful, population will grow, thus easy to sell. If not, buy landed is still better than buying condo. At least owning some land will still have some value many years later compared to condo.
Yup, both of us are singaporeans. True they can go for bto..was just thinking of safety net for them
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