Saturday, July 16, 2011

Bina Puri keen to build the 'last mile' Read more: Bina Puri keen to build the 'last mile'

Kuala Lumpur: Bina Puri Holdings Bhd plans to propose building the last section of the Kuala Lumpur Outer Ring Road (KLORR) project for between RM50 million and RM60 million, says a top executive of the company.


The group is preparing to submit a proposal to the Economic Planning Unit (EPU) soon and it will include a plan on how it will complete the last section of KLORR, stretching from Gombak to Karak, its executive director Matthew Tee told Business Times.

"We would be keen to submit our papers for consideration. As we have just completed the Kuala Lumpur-Kuala Selangor Expressway (Latar), it is a logical progression to go for the last piece of the puzzle," he said.

Tee said in building Latar, Bina Puri has established its capability and strengths, enough for the government to consider it for the job.

"With the Latar experience, we have proven ourselves as a capable and highly reliable road builder, therefore a better choice than others.


"We would like to think that we would be given the opportunity to do the stretch between Gombak and Karak," he said.

The 33km Latar forms part of KLORR and connects Ijok near Kuala Selangor to Templer's Park near Rawang.

Latar was built by KL-Kuala Selangor Expressway Bhd (KLS), a 50:50 joint venture between Bina Puri and privately-held company Arena Irama Sdn Bhd, under a build-operate-transfer system for RM958 million.

KLS holds a 40-year concession, starting 2008, to collect tolls on the road which started on June 23.

Latar completed 75 per cent of KLORR, an orbital ring road within the Greater Kuala Lumpur area, which serves as an alternative route to the existing Middle Ring Road 2 already reaching its capacity.

Ahmad Zaki Resources Bhd was given a concession in 2008 to construct a stretch of KLORR from Karak to Hulu Langat for RM300 million.

Sunday, July 10, 2011

First MRT line likely to cost RM20bil

KUALA LUMPUR: Although the actual cost of the country’s first mass rapid transit (MRT) system will be disclosed in September due to a 50% reduction in land acquisition and other tweaks to the initial alignment, estimates have put the price tag for the first of three lines at around RM20bil.

Land Public Transport Commission (SPAD) CEO Mohd Nur Kamal said more time was needed to finalise the cost as the revised alignment was only recently approved given the changes to accommodate public feedback.

“We have done a lot of changes as we are responsive to public feedback and are looking at August or September to nail down the actual cost,” he told reporters after the launching of the MRT, dubbed My Rapid Transit, which was officiated by Prime Minister Datuk Seri Najib Tun Razak yesterday.


The launch revealed the final alignment of the 51km Sungai Buloh-Kajang MRT line, of which 9.5km will be underground. The line will have 31 stations.

The final alignment not only reduced land acquisition cost, has led to better integration with existing rail network and reduced the number of stations but has become more cost effective than the initial alignment.

A SPAD official said the new alignment would run across 70% of road reserve land. The remaining 30% of the line will traverse private land which will be acquired to build the tracks.

“The tweaking of the alignment concentrates mainly on Taman Tun Dr Ismail, Bukit Bintang, Cheras and Kajang,” said the official.

An analyst familiar with the matter estimated the cost of the first MRT line could be around RM20bil. “And the cost of the underground works may be RM7bil to RM8bil,” he said.

The MRT’s project delivery partner (PDP), MMC-Gamuda Joint Venture Sdn Bhd, in which Gamuda Bhd and MMC Corp Bhd hold equal shareholdings, will be responsible for managing the project and its cost.

The analyst that was present at the event was also surprised that the remaining two lines were still under study.

The initial joint-proposal by MMC-Gamuda called for three MRT lines, including one circle line to be built at a then price tag of RM36.6bil.

“We need to see the whole picture and integration. But, the cost of the three lines that was quoted in 2009, could have ballooned up to a total of RM50bil by now, considering the increase in construction raw material prices,” he said.

It was reported the Government might plan to sell as much as RM30bil Islamic bonds under a programme to help finance the MRT. A special financing vehicle would be formed by the Government to raise the funds which would be used for the country’s biggest infrastructure project to date.

Meanwhile, Najib foresaw that the MRT would improve existing real estate value and should be a catalyst to new property development adjacent to the MRT line.

“It is estimated that new real estate development along the line could reach as much as RM15bil to be completed in a decade.

“Additionally, gross national income (GNI) of about RM3bil is expected to be churned out based on the 20% increase in gross real estate value in terms of commercial and residential property in the 1.2 million sq ft of area in the radius of 0.5km to 1km from the MRT line in 10 years time,” he said in his speech at the launching.

Residential and commercial property earmarked for development along the MRT lines are located in Cochrane, Rubber Research Institute land in Sungai Buloh, Menara Warisan as well as Bandar Malaysia Sg Besi.

Also, Najib added that the GNI derived from the construction works of the MRT was expected to be RM3bil to RM4bil annually starting from this year to 2020.

By SHARIDAN M.ALI


Wednesday, July 6, 2011

马来西亚房价其实并不贵,现在才开始有贵起来的苗头。

在欧洲很多国家,由于有城市历史建筑保护法令,所以旧区是不能起新建筑物的。所有的屋子,都必须改造。所以,很多法国,德国,荷兰这些首都地区的房子,外 面是石头和砖头,里面楼板全部是木,踩在上面叽叽声的。而且浴室防水一般做得暴差。随便一层楼这样的房子就卖300千-400千euro,上下6层,基本 就2.4million euro了。在台北,600-700sf的condo,马币就卖过百万。其实这种condo规格,也就等于这里的flat,不过是新版的,外观由于台湾是 地震和飓风区,所以都是shearwall structure,简简单单,实实在在,和本地的flat外观比稍好,至少有个露台,除了下面有景观,基本无差别。要知道台湾人的薪水平均只比本地人高 50%。
至于在美国,其实也好不到那里。这就是为什么欧美设计师的设计作品搞很多attice,搞很多loft,或者很多仓库改造的原因。这是旧区昂贵房价下的城市改造产品。

kl其实充斥着不少价格低廉,有待改造的建筑物。如果放到欧美设计师那里,就是改造了,基本上市场不会说什么卖不出,或者格局限制。kl也有这个趋势。很多高价卖旧区屋子,然后改造。本地嘛,就是个跟随外国潮流的市场。

很多人错误的以个人的负担能力和意愿来揣测本地房价的走势。这是不对的。
就好像目前kl适婚女性70%未嫁那样,我们不能说,因为这样,马拉西亚人就要灭绝了。不是这么一回事。

世界变了。很多东西都不同了。以前女孩子只要嫁得出去就好。以前的大公司只要请到人开工就好。以前的人只要读到大学就很好。以前的人有工开就好。以前,屋子只要能住就好,卖得出就好。
现在,女孩子认为不能因为婚姻降低生活品质。现在的公司,不只要大学毕业,还要3-5年工作经验,最好特定知名企业浸过。现在不只要看读到什么成绩,还要 看出自哪一家recognized university。现在的人,不只要选优雅的工作环境,最好还要固定花红。现在的屋子,新起的没有说不种树。不做景观的。现在的人,一个中古屋卖不 出,就不要卖。不管多么差,多么远,多么烂,只有一个价格,要买就买,不买,继续挂,三个月后提价。

时代变了。

马来西亚在转型。工业国是做不到,信息化大国也做不到,马来西亚会变成一个冰岛那样的国家。非常高的金融杠杆,非常高的消费水准,非常高的人均收入。
很多不懂金融的人说,房价高,有金融风险。其实,就是因为要房价高,那么金融企业的规模才能扩张!那么在retained earnings高情况下,才能对外大肆并购。所以人民负债越多,等于金融产业越发达。没有人欠钱,哪里来金融产业。而政府是要把马来西亚打造成金融强国 的。

由于本地的工业开始瘫痪,现在的步伐是马币不断升值。债务规模不断扩张,物价不断上升。
10年后,或者会看到本地社会前20%人的生活形态是大学去外国参加夏令营,参观国际赛事和户外活动。到处去品尝michelin美食。穿着是换月,不是换季换年的。大部分人平常是坐公车和地铁,偶尔驾贵车。
kl一栋双层排屋400-600万马币。一碗面15-20块。人均年收入72000,美元兑马币1:2。

如果一碗面不升到15-20块,双层排屋不升到400-600万块,面粉商员工,面档小贩,原有屋主,这么多人,哪里来钱扩充企业,自身都不能达到年收入72000,又怎样给一个普通员工72000的年薪呢?

这是个很现实的问题。不管白领的薪水去到多少,小贩档价格不升,人均收入就被拉住后腿,不能升了。
最后,说一句可能会被人群殴的。。。。结论
如果日本的房价崩溃后不是本地的10多倍,物价不是本地的5倍。而是由于它伟大的政府高明的政策导致房价物价比本地还要便宜的话,那么日本一定有很多低素 质的非法移民。城市会完全塞到不能动。因为人人都买得起车,也付得起停车费。路上还会有很多流浪汉。。。跑去日本行乞。。因为乞讨收入高。。而物价低,性 价比高!

http://cforum.cari.com.my/viewthread.php?tid=2399386

Click "refresh" for manual update message

CRUDE OIL LIVE 1 MIN Chart

Commodity Futures Charts