- Joined
- Dec 29, 2012
- Messages
- 1,683
- Points
- 83
The Price and Maths of LTA's Purchase of Trains
Let's do the Maths for LTA's purchase of the Trains from Kawasaki Consortium. Before that, we must understand that there are two types of trains in use in Singapore. The normal ones are 6 cabins/cars train while the other one is 4 cabins/cars train......
......It is very clear that SG LTA is really a sucker in this deal, paying MORE for a train with less cabins (one third less) with high defective rate!
Goh Meng Seng
They must have included a new COE category for trains.....
jokes aside...they will want high purchase price to justify price increases again to screw the 70%....