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Puteri Harbour Community
- Thread starter Qube3
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Hotels before they enter an area got to do alot of studies. They will study the potential demand and also take into account the effect on over supply in a particular area. They won't pull each other into a pit hole.
They have alot of other choices around the world and their management teams will select the best ones on the table that present a sound proposition.
The effect will be good when all consolidate at one point and make other sectors like convention, F&B etc work. This will be "induced demand".
Each chain brand be it Somerset, Frasers and Panpacific, all have their own strong corporate clientele network n loyalty base.
It will bring a certain vote of confidence to Puteri Harbour
They have alot of other choices around the world and their management teams will select the best ones on the table that present a sound proposition.
The effect will be good when all consolidate at one point and make other sectors like convention, F&B etc work. This will be "induced demand".
Each chain brand be it Somerset, Frasers and Panpacific, all have their own strong corporate clientele network n loyalty base.
It will bring a certain vote of confidence to Puteri Harbour
Simple logic, which businessman will start a sure lost business with his time and effort poured in? Time and chance are $$$ to them..
They have been known to make mistakes. Don't be overconfident, they have the financial muscle to make mistakes, do you? Look at Genting in Jurong East.
They might be mistaken, but there is no mistake that they meant business by putting down their money.
Only time will tell. But Johor also will be oversupply of hotel rooms soon.
We are not overconfident, just optimistic as the facts are staring at us in the eye ! Only a fool will be pessimistic .
Ha ha I let you win, after all I am only a fool, those who put money in Iskandar and lose will feel it for real. Go ahead and be optimistic.
Optimistic it is. When all the big boys with all the researches and studies concluded that it is a good investment, who are we to doubt them? If we follow them and it still turn out to be a flop, we have no regrets.
If you look at the investment by johor government into nusajaya since 2006, you know they seriously want it to succeed. 60km of roads built in that area since 2006 to 2012, and the coastal highway missing link will be ready in 2017. And do you know that the whole area is fiber ready? And no high tension cable? Because they are all underground.
If you look at the investment by johor government into nusajaya since 2006, you know they seriously want it to succeed. 60km of roads built in that area since 2006 to 2012, and the coastal highway missing link will be ready in 2017. And do you know that the whole area is fiber ready? And no high tension cable? Because they are all underground.
As someone said, Iskandar too big to fail. Doesn't mean it won't fail but it certainly mean that this is serious business!
yes, logic dictates, not empty slogans and half baked theories.
Yes, the marinas are man made and they even built a CIQ there. Approved by our dear SG govt to be linked to Harbourfront . Critics and fools will argue that they can build other marinas elsewhere what but with a CIQ that is approved by SG ? So easy to be approved by SG ?
They can build thousands of marinas and CIQ and link them to Timbuktu for all I care but linkage to SG is THE critical factor !
Yes, many critics of PH are just half baked 'investors' wannabes and ignorant fools who hamtam all MY ppties without discernment and simple commonsense! Not all locations are oversupplied and poorly demanded.
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You are in a different league from those who had to take big loans hoping for returns to finance their purchase.
The place has not been filled up yet, so don't count your chickens yet. Just show me where the people will come from before the place can be fully occupied.
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