Sunday 24 February 2013

Singapore to KL high speed rail

This will surely bring the 2 cities closer together and increase tourism. Imagine going to KL in just 90 mins? That's even better for those that go to KL for business. This is really convenient. I am looking forward to that.



Saturday 16 February 2013

Another Theme Park in Iskandar?

Iskandar has snagged another theme park. This time it is the US Six Flags that plans to invest up to RM1.5B. It has double the size of legoland and will have 40 rides. Looks like Iskandar is on fire and on track to be the theme park capital of Asia!!  



Monday 11 February 2013

New investments from Singapore into Iskandar

Another property developer is investing into Iskandar. They are going into it big time (for a niche player). Who is THM holdings? According to their website, they are niche property developer and their developments seems to be mainly landed properties. Just how big are they going into it? According to the press release, they are planning to build seven 25-35 storey tower blocks for residential and office space with 1.2 million square feet of net saleable area. In addition, they will have commercial properties consisting of food and beverage outlets that will take up 1.1 million sq ft of net lettable area. So just how big is 1.1 million sq ft? It is slightly bigger than Vivo city which is 1.04 million sq ft but smaller than Mid-valley KL which is 1.7 million sq ft. Is that sustainable with the rest of the developments coming up (Mid-valley Johor, Peter Lim's mega medical/entertainment development)? Let's see.

Wishing all a Happy New Year!!!

Wishing everyone a prosperous snake year ahead and good health! Hope all our investments turns into gold.


Singapore Airlines

The food looks like in any classy restaurant but it is actually on board an SQ flight. Having satay on the plane definitely reminds you of home. Another reminder that I can't really blog about food is because I always missed out one of the courses. In this case, the main course. I think i am usually too hungry and totally forgotten about it. By the time i remembers, it is already half eaten and doesn't make good pictures.



Can't help but saw some very noticeable wear and tear on the A380.  Seems like the A380 is a really popular plane and they are heavily used since it takes its first delivery on Oct 15 2007.  Looks more worn out than a 6 year old plane (could be younger as the delivery was staggered if i recall). The flight experience is really smooth and minimal air turbulence due to its size. Downside is the harder landing for such heavy aircraft.




Sunday 3 February 2013

Leading Asia News Channel?

I was following the Punggol election and saw this live coverage that puzzles me. How big is Singapore that our media needs to use such a poor live video feed system? I am not familiar with the world of broadcast but I can understand when CNN shows poor quality feeds, it is because they are in Syria, Afghanistan or some other remote places.  But how big is Singapore and how often is a by-election (who knows nowadays??) ? If we can't even provide quality in our own backyard, i think better drop the ambition to be a leading news channel in Asia.






What's happening to the Matex development?

With the johor government planning to restrict foreigners owning properties in Malaysia, i wonder what's happening to the Matex development in JB. The S&P is supposed to be ready by Jan 13 but now it is already Feb and there's still no news. 

Is there something we should be worried about? Will NS global bear the risk of any additional stamp duty imposed by the johor government for such delays? 

London's Battersea Power Station Property anyone?

I have been MIA for quite long mainly due to some heavy traveling. Anyway, since i was in London 2 weeks ago, i did a little bit of research on the Battersea Power Station project. 

SP Sertia is launching Battersea Power Station in London which is in Zone 1 but across the Thames river. London sounds interesting as there are lots of things you can do in UK. There are many world class museums, famous musicals playing everyday, rich history, beautiful scenery in the country side and many many more.

It was advertised at GBP343,000 for 400 sqft (non river facing) for a one bedder. This works out to be GBP858 psf which is about SGD1,629 psf.

The area is actually a regeneration of a former industrial area. This is how it actually looked like from afar.



And this from really far. Well, it is actually taken from the vauxhall station (bottom left corner of the map) as there isn't any underground serving that area now. In future, it is said that there will be a direct line to Leicester square.  That's a really a major plus point as Leicester square is a very popular place. Chinatown is there too for those who miss chinese food when abroad. Well, in London, you can find almost any kind of food there. It is really cosmopolitan and it is no longer just englishman there. You can no longer tell the city just by looking at the faces. It may be because of their lax immigration policy and many political asylum seekers.






On the other end of the river thames, you can see the London eye (from Vauxhall station).



Some views of the other properties near to vauxhall station. 









The last picture has nothing to do with the properties but it is just me enjoying a cup of cappuccino overlooking the Tower Bridge.



Is it a good time to buy a London property since now Sing dollar to the pound is at an all time high? I recalled the mighty pound was as high as 1 GBP  to 3 SGD during my student days.  Now, it is less than 2 SGD.

However, the gains seem to be eroded by the rise of the London property prices too. It could be just marginal gain over the years. There are many articles in the internet that says the boom is over for London properties (not until 2019). There're lots of theories to back this up and also further government's intervention. I think that's probably enough to adopt a wait and see approach. 










Who copy who?

I was at London recently and spotted this rather familiar shop name. Similar right to the 'full stop'.

This is the London shop that sells sandwiches.


This is the Singapore shop that sells Bak Chor Mee (service sucks but taste not bad actually).