Forest City

[Relaxman]

VEP collection is NOT for the state but for the Federal!!!!!
So are all the toll collections all over the country, the collection goes to the Toll operator PLUS Malaysia Berhad (PMB), which owns all the concessions!!!!
Keep quiet if you know so little about Malaysia!

Lol... maybe you are the one should keep quiet. You need to do more reading before you comment in future.

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JB causeway toll up 400%
FMT | July 27, 2014
PETALING JAYA: The Malaysian Highway Authority (LLM) announced an increase of about 400% for Johor-Singapore toll rates starting August 1.
The rates will apply to those leaving the Bangunan Sultan Iskandar Customs, Immigration and Quarantine (CIQ) Complex in Johor Baru for Singapore.
The move to revise the toll rates come in the heels of Putrajaya’s plans to introduce the Vehicle Entry Permit (VEP) fee for all foreign vehicles entering Johor.
In a statement, the Malaysian Highway Authority said passenger car rates will be revised from RM2.90 to RM16.50 (RM9.70 inbound and RM6.80 outbound) while taxis will have to pay a total of RM8.20 (RM4.80 inbound, RM3.40 outbound), up from the previous RM1.40.
Meanwhile charges for buses will be revised from RM2.30 to RM13.30 (RM7.80 inbound, RM5.50 outbound).
It said the toll rate for Class Two vehicles will go up from RM4.50 to RM24.90 (RM14.70 inbound and RM10.20 outbound) while toll rates for Class Three vehicles was revised to RM33.30 (RM19.70 inbound, RM13.60 outbound) both ways from the previous RM6.10.
Its director-general Datuk Ismail Mohd Salleh said the revised rates were appropriate given the facilities and services enjoyed by users that traveled to the complex from the Eastern Dispersal Link (EDL), the elevated highway built to disperse traffic towards Johor Baru town.
On July 16, Prime Minister Najib Razak announced that Putrajaya would introduce VEPs for Singapore-registered vehicles entering Johor.
He gave assurances that a portion of the VEP collection would be channeled to the Johor government.
Putrajaya’s move came after Singapore recently announced that effective August 1, the VEP fee for foreign-registered cars entering Singapore would be raised from S$20 (RM52) to S$35 (RM90) a day.
The Goods Vehicle Permit (GVP) fee for foreign-registered goods vehicles will be raised from S$10 (RM26) to S$40 (RM103) a month.

 

[cow138]

Issit still in August or pushed out to September?

 

[Relaxman]

Should be in September.

 

[snowbird]

Lol... maybe you are the one should keep quiet. You need to do more reading before you comment in future.

-----------------------------------------------------
JB causeway toll up 400%
FMT | July 27, 2014
PETALING JAYA: The Malaysian Highway Authority (LLM) announced an increase of about 400% for Johor-Singapore toll rates starting August 1.
The rates will apply to those leaving the Bangunan Sultan Iskandar Customs, Immigration and Quarantine (CIQ) Complex in Johor Baru for Singapore.
The move to revise the toll rates come in the heels of Putrajaya’s plans to introduce the Vehicle Entry Permit (VEP) fee for all foreign vehicles entering Johor.
In a statement, the Malaysian Highway Authority said passenger car rates will be revised from RM2.90 to RM16.50 (RM9.70 inbound and RM6.80 outbound) while taxis will have to pay a total of RM8.20 (RM4.80 inbound, RM3.40 outbound), up from the previous RM1.40.
Meanwhile charges for buses will be revised from RM2.30 to RM13.30 (RM7.80 inbound, RM5.50 outbound).
It said the toll rate for Class Two vehicles will go up from RM4.50 to RM24.90 (RM14.70 inbound and RM10.20 outbound) while toll rates for Class Three vehicles was revised to RM33.30 (RM19.70 inbound, RM13.60 outbound) both ways from the previous RM6.10.
Its director-general Datuk Ismail Mohd Salleh said the revised rates were appropriate given the facilities and services enjoyed by users that traveled to the complex from the Eastern Dispersal Link (EDL), the elevated highway built to disperse traffic towards Johor Baru town.
On July 16, Prime Minister Najib Razak announced that Putrajaya would introduce VEPs for Singapore-registered vehicles entering Johor.
He gave assurances that a portion of the VEP collection would be channeled to the Johor government.
Putrajaya’s move came after Singapore recently announced that effective August 1, the VEP fee for foreign-registered cars entering Singapore would be raised from S$20 (RM52) to S$35 (RM90) a day.
The Goods Vehicle Permit (GVP) fee for foreign-registered goods vehicles will be raised from S$10 (RM26) to S$40 (RM103) a month.

You are 100% wrong again!!!
All collections from tolls and VEP will go to the Federal and it is up to the Federal to grant the amount to respective state that's why "He gave assurances that a portion of the VEP collection would be channeled to the Johor government"
The state has NO SAY on the implementation, the rates nor the collection!
Similar situation goes to States like Sabah and Terengganu where the total sales from oil collected goes to Federal and the Federal grant a small royalty back to the respective state!

 

[cow138]

With the suspected corruption at the centre looks like the wealthy States and pissed off in having to shoulder the financing.

 

[Relaxman]

You are 100% wrong again!!!
All collections from tolls and VEP will go to the Federal and it is up to the Federal to grant the amount to respective state that's why "He gave assurances that a portion of the VEP collection would be channeled to the Johor government"
The state has NO SAY on the implementation, the rates nor the collection!
Similar situation goes to States like Sabah and Terengganu where the total sales from oil collected goes to Federal and the Federal grant a small royalty back to the respective state!

You are 101% wrong again!! Since you agree that some of the collection (big or small) will go back to the state, it is obviously you concurred my earlier statement that the VEP is done to increase state fund.

 

[xixxix]

Hmm... Why are we still discussing VEP in a thread on Forest City? I thought the best way to get there is by boat anyway, given that it is reclaimed islands.

 

[Relaxman]

Hmm... Why are we still discussing VEP in a thread on Forest City? I thought the best way to get there is by boat anyway, given that it is reclaimed islands.

Haha....yar hor....why we discuss VEP here? Anyway as for me, i just wanted to educate someone here who try to act smart all the time.

 

[Manhattan]

Check out the latest progress of forest city at the skyscrapercity website. The first island is almost done and the sales office structure is up. Looks like they are seriously building the manhattan of south east Asia.

 

[Relaxman]

Check out the latest progress of forest city at the skyscrapercity website. The first island is almost done and the sales office structure is up. Looks like they are seriously building the manhattan of south east Asia.

Good news to Singaporeans...... Is the future paradise for singaporeans.

 

[Manhattan]

According to Invesco, the first phase of 482 units is selling out fast and will be sold out within 2 weeks. Believe it or not.

 

[gooddebt]

According to Invesco, the first phase of 482 units is selling out fast and will be sold out within 2 weeks. Believe it or not.

seems unbelievable at their price !

 

[cow138]

Yup their price should be very near to 1k psf

 

[Investor888]

It surely will be a sell out as contractors were offered up to 20% discounts ( same for all other developments in Iskandar ) and the project is so huge hence there are so many contracts or staff discount. The real suckers are the Singaporeans who buy at retail prices. Even the lamp post or road contracts buy at sub RM 1000psf while Singaporeans snap up at RM 1400psf. Crazy

 

[Manhattan]

Agreed it's good price below 1000psf. With modern technology, the skyscrapers builded on newly reclaimed land should not sink.

 

[xebay11]

Agreed it's good price below 1000psf. With modern technology, the skyscrapers builded on newly reclaimed land should not sink.

Ground sinking is a force of nature.

 

[jasonjst]

It surely will be a sell out as contractors were offered up to 20% discounts ( same for all other developments in Iskandar ) and the project is so huge hence there are so many contracts or staff discount. The real suckers are the Singaporeans who buy at retail prices. Even the lamp post or road contracts buy at sub RM 1000psf while Singaporeans snap up at RM 1400psf. Crazy

Got Singaporean snap up @1,400psf meh ? I thought people are a calling the developers " Xiao " ( mad ) instead .

 

[enjoylife77]

It surely will be a sell out as contractors were offered up to 20% discounts ( same for all other developments in Iskandar ) and the project is so huge hence there are so many contracts or staff discount. The real suckers are the Singaporeans who buy at retail prices. Even the lamp post or road contracts buy at sub RM 1000psf while Singaporeans snap up at RM 1400psf. Crazy

The 1st batch of Sg buyer usually the sucker as in the case of Princess Cove and many others.

 

[Tekkun]

Ground sinking is a force of nature.

Building foundations sit on piles which were driven into the ground until it set (hit something hard)
Piles are joined in long lengths as long as they can still be pushed in.
Ground beams and columns do not sit on top or subsoil. It has nothing to do with reclaimed land.

 

[Zelphon]

The 1st batch of Sg buyer usually the sucker as in the case of Princess Cove and many others.

I bought Princess Cove...
Guess I am a sucker..