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Serious Johor Property Market Crashing After HSR Cancelled! All Because Singapore Will Not Allow Jiuhu Bumi Cronyism!!!

The property prices can even be cheaper if not for the minimum price set for foereigners to purchase at RM600k per unit.
 
Malaysia pays S$102.8 million in compensation for terminated KL-Singapore HSR project
An artist's impression of a KL-Singapore High-Speed Rail (HSR) station. (Photo: MyHSR)
29 Mar 2021 05:10PM (Updated: 29 Mar 2021 05:33PM)
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SINGAPORE: Malaysia has paid more than S$102 million in compensation to Singapore for the terminated Kuala Lumpur-Singapore High-Speed Rail (HSR) project, ministers from both countries said on Monday (Mar 29).
The payment of S$102,815,576 (RM320,270,519) has been made to Singapore for costs incurred for the development of the HSR project, and in relation to the extension of suspension of the project, Singapore's Transport Minister Ong Ye Kung and Malaysia's Minister in the Prime Minister’s Department (Economy) Mustapa Mohamed said in a joint statement.

"The two countries reached an amicable agreement on the amount following a verification process by the Government of Malaysia. This amount represents a full and final settlement in relation to the termination of the bilateral agreement," the statement read.
"Both countries remain committed to maintaining good relations and fostering close cooperation for the mutual benefit of the peoples of the two countries."
READ: From conception to termination: Timeline of KL-Singapore HSR project over 8 years

In a Facebook post on Monday, Mr Ong said: "I am glad that we were able to close this chapter amicably, without affecting the good bilateral relations between our two countries."

He added that there are many areas that Singapore and Malaysia have opportunities to cooperate on, including the issues that Singapore's Foreign Minister Vivian Balakrishnan discussed with Malaysia's leaders last week.
This includes the restoration of "some air travel", as well as commuting via the Causeway, said Mr Ong.
READ: Singapore, Malaysia to work towards recognising COVID-19 vaccine certificates, 'progressively restore' cross-border travel
The HSR project was discontinued after the agreement lapsed on Dec 31, 2020, the Prime Ministers of both countries said in a joint statement on Jan 1.

Singapore’s Ministry of Transport previously said that Malaysia has to compensate Singapore for costs already incurred by Singapore in fulfilling its obligations under the bilateral agreement.
Mr Mustapa had also said that Malaysia would honour its obligations under the agreement, and that both countries would “initiate the necessary” to determine the amount of compensation.
READ: Terminated HSR project a missed opportunity to boost economic competitiveness for Singapore, KL: Experts

In September 2018, both sides agreed to postpone the construction of the HSR until end-May last year. Malaysia had to pay Singapore S$15 million for costs incurred in suspending the project.
Malaysia later requested a further seven-month extension until the end of December to allow both sides to discuss and assess Malaysia’s proposed changes to the project.
READ: Assets company removal 'main concern' that led to HSR termination, project has cost Singapore more than S$270 million: Ong Ye Kung

READ: Malaysia expects compensation for HSR project's termination to be below S$270 million: Mustapa Mohamed


The proposed 350km-long HSR line had aimed to reduce travel time between Singapore and Kuala Lumpur to about 90 minutes by train, from the current 11 hours on existing train services.
Apart from slashing travel time between Singapore and Kuala Lumpur, it was expected that the rail link would contribute S$6.7 billion (RM21 billion) in gross domestic product to Malaysia and Singapore, as well as create 111,000 jobs by 2060.
Source: CNA/mi
 
With the mess that Malaysian politics is at the moment (and for a long time too) we could afford to build lots of
stuff with such compensation. Remember the case of the crooked bridge. How much were we paid?
 
With the mess that Malaysian politics is at the moment (and for a long time too) we could afford to build lots of
stuff with such compensation. Remember the case of the crooked bridge. How much were we paid?
Nothing was given for crooked bridge as it was a solo effort. Badawi came in and cancelled it. Bad mistake. Otherwise sports snd leisure craft can sail underneath creating new opportunities and jobs.
 
In a Facebook post on Monday, Mr Ong said: "I am glad that we were able to close this chapter amicably, without affecting the good bilateral relations between our two countries."

This guy is still dreaming. Haha…. After making Mudlaysia pay such a heavy penalty in this time of crisis and still expect relationship to be ‘good’.
 
This guy is still dreaming. Haha…. After making Mudlaysia pay such a heavy penalty in this time of crisis and still expect relationship to be ‘good’.
Mudland needs singkieland more than singkieland needs Mudland. Look at how crap the biz are in Johor etc wo singkies. In addition look at the news. Johor etc is dying for the borders to b open. If singkieland don't allow m&ds to enter n work n study..these mudlanders like mad khaw n amy hardkaur n janil all die in Mudland oreadi. Even m&ds working in singkieland
 
Mudland needs singkieland more than singkieland needs Mudland. Look at how crap the biz are in Johor etc wo singkies. In addition look at the news. Johor etc is dying for the borders to b open. If singkieland don't allow m&ds to enter n work n study..these mudlanders like mad khaw n amy hardkaur n janil all die in Mudland oreadi. Even m&ds working in singkieland
It used to be the other way round.jiu hu come to shop in sinkie. Just like malaysians used to go to brunei for tax free drinks. But those were in the 1980's. What a difference 40 years can make.
JB can even rival sinkie as they have abundant land. Only the gomen sucks.
 
It used to be the other way round.jiu hu come to shop in sinkie. Just like malaysians used to go to brunei for tax free drinks. But those were in the 1980's. What a difference 40 years can make.
JB can even rival sinkie as they have abundant land. Only the gomen sucks.
Tat is wat happens with m&ds in charge. Ringgit to SGD was 1 to 1. Than 2 to 1..than 3 to 1.. future is 5 to 1..n do u realize the more fundamentalist the mudslimes become.... the more economically backwards they become too? Guess it's the race n religion thingy
 
After HSR cancelled, Guan Eng asks if Perikatan still cares about Malaysians | Malay Mail
DAP secretary general Lim Guan Eng pointed out that the RM320 million compensation is a loss that Malaysia suffered and accused the government of breaking its public promise to continue with the HSR. — Picture by Firdaus Latif
DAP secretary general Lim Guan Eng pointed out that the RM320 million compensation is a loss that Malaysia suffered and accused the government of breaking its public promise to continue with the HSR. — Picture by Firdaus Latif
Subscribe to our Telegram channel for the latest updates on news you need to know.
KUALA LUMPUR, March 31 — Former finance minister Lim Guan Eng questioned today the Perikatan Nasional’s (PN) motive for terminating the Kuala Lumpur-Singapore High Speed Rail (HSR) project.
Lim has asked if PN was still interested in governing for the people’s benefit or was more concerned with engaging in a civil war for political survival.
“There is no doubt that Johor will be the greatest loser from the cancelled HSR project,” Lim said in a statement today.
His comments follow the PN government’s decision to terminate the project after the Singapore government had disagreed to changes requested by Malaysia.
“The PN government had wanted to make changes to the rail line, which was not agreed to by Singapore.
“Furthermore, the termination of HSR and compensation highlights Muhyiddin’s (Prime Minister Tan Sri Muhyiddin Yassin) lack of commitment towards open tender and transparency,” said Lim.
The DAP secretary-general also pointed out that the RM320 million compensation is a loss that Malaysia suffered and accused the government of breaking its public promise to continue with the HSR.
“At the moment the people of Selangor, Negri Sembilan, Melaka and Johor are still waiting for progress on the alternative project,” he said.
On Monday, Malaysia reportedly paid S$102.8 million (RM320.27 million) to Singapore to compensate for development costs of the HSR project.
According to news reports, Malaysia’s Minister in the Prime Minister’s Department (Economy) and Singapore’s Transport Minister said yesterday that this amount represents a full and final settlement in relation to the termination of the Bilateral Agreement on the HSR project on December 31, 2020,
For the final compensation amount of S$102 million, the ministry said the bulk of it was computed and determined when the republic acceded to Malaysia’s request to suspend the project, and was stipulated in the HSR agreements.
On January 4, the republic’s Minister for Transport Ong Ye Kung said the termination compensation involving the HSR project would include various abortive costs, but not land acquisition costs since the value of the land could be recovered.
He said Singapore had spent more than S$270 million (RM833 million) on the project.
 
bolehland is tapping their internal resources, both existences and natural to its fullest BUT at its lowest values ever !
e.g. every tonnes of natural resources they extract are lower valued than the previous years
and every land or house m'sian purchases will only be depreciating and even faster than their protong saga . . . .
this also means every assets they have are depreciating at alarming rates too (except central kl)

strong countries like tiongland, russland have their natural resources safely kept. instead of tapping their owns . . . . they squeeze dry others !
tiongland's railroads travels 24/7 for past 10yrs transporting soils from myanmar, philippines etc.
but bolehland not only squeeze their own balls but shoot their own backsides instead . . . .
its been touted that their national banks reserves have been liquidating at negative rm7000 to rm8000 for each and every m'sian if they have bank accounts !!!

back to HSR topic . . . .
compensating S$102.8m is actually 'sub sub suey' or almost mickey-mouse to what sinkieland had folked out!
in fact, sinkieland's tabulation of this amount was in favor of bolehland's credibility - knowingly they will just drag & drag & drag the amounts if they owe or pay in phases

most importantly, bolehland has NEVER been transparent in open tenders projects!
this explains why sinkieland din bother to involve in these 'domestic' projects at all when offered on tables......

bolehland political turmoil + pandemic have accelerated their cravings in milking more $$$ for political party gains !!!
majority of their lobangs and revenues have been cut, they have been exhausting their means of printing ringgits with all times low in country's currency
further lowering will only squeeze blood out of their balls very soon!

there will be exciting times once cov19 vaccinations mature in bolehland, especially the northern states like Negri Sembilan, Melaka and Johor
the states kingsmen swallowed their grudges becoz they are in queues for the vaccinations roadmaps
but once this roadmap secured or towards . . . . there will be severances coz its obvious . . . no one wanna pay for the others' expenses in between states!
central gahmen will have difficulty keeping its reigns and political stash across states

dun think there will be uniformly the same travelling from sinkieland into these states anymore!
haizzz
 
After HSR cancelled, Guan Eng asks if Perikatan still cares about Malaysians | Malay Mail
DAP secretary general Lim Guan Eng pointed out that the RM320 million compensation is a loss that Malaysia suffered and accused the government of breaking its public promise to continue with the HSR. — Picture by Firdaus Latif
DAP secretary general Lim Guan Eng pointed out that the RM320 million compensation is a loss that Malaysia suffered and accused the government of breaking its public promise to continue with the HSR. — Picture by Firdaus Latif
Subscribe to our Telegram channel for the latest updates on news you need to know.
KUALA LUMPUR, March 31 — Former finance minister Lim Guan Eng questioned today the Perikatan Nasional’s (PN) motive for terminating the Kuala Lumpur-Singapore High Speed Rail (HSR) project.
Lim has asked if PN was still interested in governing for the people’s benefit or was more concerned with engaging in a civil war for political survival.
“There is no doubt that Johor will be the greatest loser from the cancelled HSR project,” Lim said in a statement today.
His comments follow the PN government’s decision to terminate the project after the Singapore government had disagreed to changes requested by Malaysia.
“The PN government had wanted to make changes to the rail line, which was not agreed to by Singapore.
“Furthermore, the termination of HSR and compensation highlights Muhyiddin’s (Prime Minister Tan Sri Muhyiddin Yassin) lack of commitment towards open tender and transparency,” said Lim.
The DAP secretary-general also pointed out that the RM320 million compensation is a loss that Malaysia suffered and accused the government of breaking its public promise to continue with the HSR.
“At the moment the people of Selangor, Negri Sembilan, Melaka and Johor are still waiting for progress on the alternative project,” he said.
On Monday, Malaysia reportedly paid S$102.8 million (RM320.27 million) to Singapore to compensate for development costs of the HSR project.
According to news reports, Malaysia’s Minister in the Prime Minister’s Department (Economy) and Singapore’s Transport Minister said yesterday that this amount represents a full and final settlement in relation to the termination of the Bilateral Agreement on the HSR project on December 31, 2020,
For the final compensation amount of S$102 million, the ministry said the bulk of it was computed and determined when the republic acceded to Malaysia’s request to suspend the project, and was stipulated in the HSR agreements.
On January 4, the republic’s Minister for Transport Ong Ye Kung said the termination compensation involving the HSR project would include various abortive costs, but not land acquisition costs since the value of the land could be recovered.
He said Singapore had spent more than S$270 million (RM833 million) on the project.
Thus guy us a hypocrite.
Wans't his gomen the one to delay and renegotiate terms?
He was chief minister of penang for two terms. He wanted to build a toll free tunnel to mainland by giving concessionaires rights to reclaim land to finance the project. Entire penang being dug out, coastline wasted and tarnished. Just for a tunnel
 
Thus guy us a hypocrite.
Wans't his gomen the one to delay and renegotiate terms?
He was chief minister of penang for two terms. He wanted to build a toll free tunnel to mainland by giving concessionaires rights to reclaim land to finance the project. Entire penang being dug out, coastline wasted and tarnished. Just for a tunnel
I hope the voters vote him out for his incompetence
 
I hope the voters vote him out for his incompetence
You do realise that current gomen bersatu have been ruling the country for 3 years, not one as they claim. First two was bersatu under dr m. Now its under muhyiddin.
 
bolehland is tapping their internal resources, both existences and natural to its fullest BUT at its lowest values ever !
e.g. every tonnes of natural resources they extract are lower valued than the previous years
and every land or house m'sian purchases will only be depreciating and even faster than their protong saga . . . .
this also means every assets they have are depreciating at alarming rates too (except central kl)

strong countries like tiongland, russland have their natural resources safely kept. instead of tapping their owns . . . . they squeeze dry others !
tiongland's railroads travels 24/7 for past 10yrs transporting soils from myanmar, philippines etc.
but bolehland not only squeeze their own balls but shoot their own backsides instead . . . .
its been touted that their national banks reserves have been liquidating at negative rm7000 to rm8000 for each and every m'sian if they have bank accounts !!!

back to HSR topic . . . .
compensating S$102.8m is actually 'sub sub suey' or almost mickey-mouse to what sinkieland had folked out!
in fact, sinkieland's tabulation of this amount was in favor of bolehland's credibility - knowingly they will just drag & drag & drag the amounts if they owe or pay in phases

most importantly, bolehland has NEVER been transparent in open tenders projects!
this explains why sinkieland din bother to involve in these 'domestic' projects at all when offered on tables......

bolehland political turmoil + pandemic have accelerated their cravings in milking more $$$ for political party gains !!!
majority of their lobangs and revenues have been cut, they have been exhausting their means of printing ringgits with all times low in country's currency
further lowering will only squeeze blood out of their balls very soon!

there will be exciting times once cov19 vaccinations mature in bolehland, especially the northern states like Negri Sembilan, Melaka and Johor
the states kingsmen swallowed their grudges becoz they are in queues for the vaccinations roadmaps
but once this roadmap secured or towards . . . . there will be severances coz its obvious . . . no one wanna pay for the others' expenses in between states!
central gahmen will have difficulty keeping its reigns and political stash across states

dun think there will be uniformly the same travelling from sinkieland into these states anymore!
haizzz
Is there anyway you can help them? It seems like you have huge prejudice against them. or are you part of or involved in the HSR project in any way.
 
bolehland is tapping their internal resources, both existences and natural to its fullest BUT at its lowest values ever !
e.g. every tonnes of natural resources they extract are lower valued than the previous years
and every land or house m'sian purchases will only be depreciating and even faster than their protong saga . . . .
this also means every assets they have are depreciating at alarming rates too (except central kl)

strong countries like tiongland, russland have their natural resources safely kept. instead of tapping their owns . . . . they squeeze dry others !
tiongland's railroads travels 24/7 for past 10yrs transporting soils from myanmar, philippines etc.
but bolehland not only squeeze their own balls but shoot their own backsides instead . . . .
its been touted that their national banks reserves have been liquidating at negative rm7000 to rm8000 for each and every m'sian if they have bank accounts !!!

back to HSR topic . . . .
compensating S$102.8m is actually 'sub sub suey' or almost mickey-mouse to what sinkieland had folked out!
in fact, sinkieland's tabulation of this amount was in favor of bolehland's credibility - knowingly they will just drag & drag & drag the amounts if they owe or pay in phases

most importantly, bolehland has NEVER been transparent in open tenders projects!
this explains why sinkieland din bother to involve in these 'domestic' projects at all when offered on tables......

bolehland political turmoil + pandemic have accelerated their cravings in milking more $$$ for political party gains !!!
majority of their lobangs and revenues have been cut, they have been exhausting their means of printing ringgits with all times low in country's currency
further lowering will only squeeze blood out of their balls very soon!

there will be exciting times once cov19 vaccinations mature in bolehland, especially the northern states like Negri Sembilan, Melaka and Johor
the states kingsmen swallowed their grudges becoz they are in queues for the vaccinations roadmaps
but once this roadmap secured or towards . . . . there will be severances coz its obvious . . . no one wanna pay for the others' expenses in between states!
central gahmen will have difficulty keeping its reigns and political stash across states

dun think there will be uniformly the same travelling from sinkieland into these states anymore!
haizzz
There have been calls to reform the economy from elites. Najib's brother calls to end NEP due to its fsilures and high cost.
But NEP benefit those who runs it. Basically, the ruling elites. So i do not expect any changes unless riots starts to happen. And it could as many have no jobs now due to lockdowns.
 
Is there anyway you can help them? It seems like you have huge prejudice against them. or are you part of or involved in the HSR project in any way.

cunt reveal that much in it . . . yes

sinkieland dump a lot into iskandar station for hsr purpose but held ransom to be 'guarantor' for the billion$ loan requested by mudgahmen to extend hsr from jb to kl.....
sinkiegahmen no choice but yes . . . then mudgahmen increase loan again from kl to penang citing sinkiegahmen as guarantor by offering projects stakeholders !!!
of coz, sinkiegahmen's ball shrunk! . . . . then sinkiegahmen offered 100% sponsorships from jurong to iskandar to secure hsr route at least
subsequently, mudgahmen started playing games on iskandar site that increases overall figure to 12 times more!
above is just some insider samples . . . .


to answer you . . . why'd i have huge prejudice against them?
I responded becoz I have frens, relatives, properties and others in bolehland
seeing such a once beautiful country (it still is with the spaces) being run by such boleh gahmen . . . . . dun you find it very saiyang???
it could have become the strongest country in asean for its geographical role and naturals supplements but . . . . .
haizzzz

can you help?
 
cunt reveal that much in it . . . yes

sinkieland dump a lot into iskandar station for hsr purpose but held ransom to be 'guarantor' for the billion$ loan requested by mudgahmen to extend hsr from jb to kl.....
sinkiegahmen no choice but yes . . . then mudgahmen increase loan again from kl to penang citing sinkiegahmen as guarantor by offering projects stakeholders !!!
of coz, sinkiegahmen's ball shrunk! . . . . then sinkiegahmen offered 100% sponsorships from jurong to iskandar to secure hsr route at least
subsequently, mudgahmen started playing games on iskandar site that increases overall figure to 12 times more!
above is just some insider samples . . . .


to answer you . . . why'd i have huge prejudice against them?
I responded becoz I have frens, relatives, properties and others in bolehland
seeing such a once beautiful country (it still is with the spaces) being run by such boleh gahmen . . . . . dun you find it very saiyang???
it could have become the strongest country in asean for its geographical role and naturals supplements but . . . . .
haizzzz

can you help?
So the question the wankers company need to ask is what are the real losses to singkies because of HSR?
 
There have been calls to reform the economy from elites. Najib's brother calls to end NEP due to its fsilures and high cost.
But NEP benefit those who runs it. Basically, the ruling elites. So i do not expect any changes unless riots starts to happen. And it could as many have no jobs now due to lockdowns.


the big question is can all these finally evolve into 1 united umno like good old days regardless its racism or corruptive . . . .
at least the lesser oppos parties ie. the bigger ruling party will be able to stabilize the country longer
worsening scenario is stateless control or decentral gahmen will give rise to states reformasi (jb, penang, melaka etc. cunt wait to do that)
sinkieland will never be able to sleep with its neighbor in such turmoil state!
 
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