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15% Economic Growth during YOG, MRT level @City Sq 3 Vacant Shops

jumpmrt

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poorpeasanthouse.jpg


http://yfrog.com/j2poorpeasanthousej

How poor can a peasant's home be in Singapore? Photo taken today 22 Aug 2010.
 

jumpmrt

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I shot 5 mins of video all over the quiet City Square Mall today, 550MB totally.

McDonald got few customers only Coffee Bean so so.

Subways was totally empty only a manager sitting in customers' seat doing admin paper work.

Aji-sen Ramen totally empty. Only staffs are inside. Many restaurants are empty, only staffs are inside.

They are just 10 seconds walk from Ferrer Park MRT Exit I.

NTUC Fairprice very quiet.

Metro very quiet.

Best Denki very quiet.

No customer inside Yu Yen Sang 余仁生 2 staffs standing outside trying to get customer.

Kopi Tiam food court very quiet, about 6 stalls closed down or not operating.

Jewel shops totally no customer only staffs. Same for gift shops.

I will upload to Youtube.Com tonight


<object width="960" height="745"><param name="movie" value="http://www.youtube.com/v/2Ip0upnAnb4?fs=1&amp;hl=en_US"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/2Ip0upnAnb4?fs=1&amp;hl=en_US" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="960" height="745"></embed></object>

Video just uploaded 1:40am 24 Aug still processing need 20 mins estimate.
 

Watchman

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no wonder some business man need to go RWS casino .. to sustain business

If they still don't increase our pay as the great majority .
They can go ask all the ministers and civil servants to
sustain the Shopping Malls .

We will make them all Ghost Malls .

Thanks to your greedy corporate nature .
 

whorejinx

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<object width="960" height="745"><param name="movie" value="http://www.youtube.com/v/2Ip0upnAnb4?fs=1&amp;hl=en_US"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/2Ip0upnAnb4?fs=1&amp;hl=en_US" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="960" height="745"></embed></object>

Video just uploaded 1:40am 24 Aug still processing need 20 mins estimate.

I am not sad for the rich as they go poorer.

Only sad for the poor especially those who never been rich.
 

Orion

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The YOG crowd are mostly teenagers with little spending power. Many are from 3rd world countries.

So I don't see how they can boost spending in Spore :confused:

Singapore give them allowances and give them free shopping at 2000 dollar a day.
 

minibond

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It is Kopitiam group food court.

When they lost money they up rentals for remaining stalls next round. @ Central Mall 4th floor they are similarly doing poor business.
 

jumpmrt

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<object width="960" height="745"><param name="movie" value="http://www.youtube.com/v/u4BfHBW7RRs?fs=1&amp;hl=en_US"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/u4BfHBW7RRs?fs=1&amp;hl=en_US" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="960" height="745"></embed></object>

http://sammyboy.com/showthread.php?p=558682&posted=1#post558682

This is yet another video follow up after these:

http://sammyboy.com/showthread.php?t=71343

http://sammyboy.com/showthread.php?t=67890



I was there twice recently. Really found the situation there had worsened badly.

It was busy and crowded when it was newly opened, every stalls were rented out at high prices and Kopitiam Banquet Group bid their record high rentals to get that building under their flag.

It is now gone and very hopelessly gone.

SengKang Square's huge Kopitiam food mall located next to Compassvale/LRT/MRT in the north of Singapore had been reported to be on record highest rental bid by Kopitiam Banquet Group. This was recorded on 10th September 2010 showing most of it's stalls closed and businesses ceased.
Stalls owes rentals and utility bills and are now being sued by Kopitiam Group and power and waters at stalls are cut-off. This is exposure against falsehood of EXCELLENT ECONOMY forged by Singapore's PAP / Lee Kuan Yew Regime. 新加坡咖啡店集团,生意惨淡经营。租金超高。踢爆经济良好假局。
 

ChaoPappyPoodle

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I don't think the government in any countries will correct rent prices like what you wish

If the owners cannot lease out their lots, they have to reduce their prices accordingly.

Not if there are only a few mall owners like there are in SG. Papy companies own most of the malls here. They are not true entrepreneurs and there is no free competition. They are also not accountable to the taxpayers. SO they just let the stores go on being empty.

The GDP up by 15% has a large part to do with new FTs and housing related sales. It is not due to true economic strength of the economy creating wealth.
 

Screwball

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Loyal
I shot 5 mins of video all over the quiet City Square Mall today, 550MB totally.

McDonald got few customers only Coffee Bean so so.

Subways was totally empty only a manager sitting in customers' seat doing admin paper work.

Aji-sen Ramen totally empty. Only staffs are inside. Many restaurants are empty, only staffs are inside.

They are just 10 seconds walk from Ferrer Park MRT Exit I.

NTUC Fairprice very quiet.

Metro very quiet.

Best Denki very quiet.

Kopi Tiam food court very quiet, about 6 stalls closed down or not operating.

Jewel shops totally no customer only staffs. Same for gift shops.

I will upload to Youtube.Com tonight

But the shuttle bus to City Square mall always full leh! :confused:
 
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