Looks like a chill is coming regardless of where you have invested.
I'm just waiting for the final nail in the coffin, the RM 20 VEP
well.. human nature is to be greedy :p
RM20 on top of all the other prevailing toll charges?
I don't think that it is insignificant especially if you have to pay it everyday.
Dunno why but seems like malaysia govt left hand dunno what the right hand is doing.
Hopefully when LHL goes up to malaysia for the annual leaders retreat then something good will come out of it. But given the pressure that Najib is currently under I doubt any major deals will be forthcoming
Actually to me, the SG government has already nailed the coffin for many of the young commoners here.
You won't believe how little some of the local uni grads are earning today. Larger resale HDB flats are totally out of their league.
Basically, the SG government is using psychology now to make them think small is big enough and cozy -- they buy small 85 sq m home but got to take 25-30 year loans. That's already the final nail to the coffin. We are not even talking about owning a car. Not even considering they are encouraged by the PAP politicians to get married early and have many kids. How about the family expenses?
Hope 2016 those 60.1% wake up to their $en$e$.
At the risk of being thrown rotten eggs again, I hope 60.1% will never wake up.
Just imagine: what is the alternative? HDB flats cant be rented out, and HSR/RTS/Bridge projects stopped to be more 'pro-Singaporeans'. How to retire in JB by leveraging on SG properties then? Give me the current policies every day.......
Some one got to pay for road maintenance, traffic lights, street lights, car parks, filling of potholes....And foreign cars dun even pay road tax. Gone were the days of free rides. The Malaysian Government had woke up. You use you pay.
Will be hard for drivers of Malaysian or Singapore cars to see the issues from each other's perspective. Definitely the jam will be very much reduced with the RM20 levy. People who say the jams are the same before and after the toll hikes either do not shuttle frequently between the 2 links, or are not observant enough.
Ironically, the worst affected are the PRs and Malaysian drivers who commute to SG for work, not the weekenders. But I noted the proposal does have some strong Malaysian supporters, so let's see what happens when the RM20 is implemented both at MYR end and at SG end (as you cant expect the SG govt to stay idle).
haha. oh the idiocy.
See what I mean? At a time when China and HK are powering ahead with increased links, more HSRs and greater connectivity via stock exchanges/rails, SG and MY are stuck in arguing over whether to impose RM20 or RM50, and blaming each other for the rail delays.
For many Malaysians, they believe that restricting SG cars will result in a price drop to their Char Siew rice and houses. Of course they don't realise that the weekday business is now almost entirely local based, and that the property market is primarily local driven. They also don't realise the disastrous impact of a full blown property crash or recession to their pay package.
Hong Kong belongs to China.
The point is that the world will pass the Malay Peninsula by, while we argue over RTS, HSR, toll, VEP.... Time and tide waits for no man
See what I mean? At a time when China and HK are powering ahead with increased links, more HSRs and greater connectivity via stock exchanges/rails, SG and MY are stuck in arguing over whether to impose RM20 or RM50, and blaming each other for the rail delays.
For many Malaysians, they believe that restricting SG cars will result in a price drop to their Char Siew rice and houses. Of course they don't realise that the weekday business is now almost entirely local based, and that the property market is primarily local driven. They also don't realise the disastrous impact of a full blown property crash or recession to their pay package.
When tolls increased from S$1.20 + RM 2.60 to RM 9.70 x 4 now ( RM 10.40 to RM 38.80 per trip ) the causeway is still jam-packed
I really cannot see how RM 20 more can make much difference seriously
Of cos initially first few months the traffic might drop and some people will start their talk about JB economy being doomed etc just like how the increase in tolls has done. After sometime these pple also quiet down when the mothers of all jams returns
This Friday 6am the mother of all jams will start again.
The fact is singaporeans will still come in to JB regardless how much VEP charged on them.
Of course Singaporeans will still come. The question is only how many? Anyway the impact is mainly on SG PRs and Malaysians commuting to work in SG. Since it will lead to faster clearance times for me (lesser SG & MY cars), I am not particularly fussed. Don't believe, just check out the weekday traffic before and after toll hikes.