Tuesday, August 10, 2010

No Watercooler - Boost Gdp

Heard a player mention that new community centres have no water cooler-make $ with vending machines. How true is that i have no idea but newer CCs like Buona Vista & Frontier have no watercoolers. Neither does old CC like Ayer Rajah.

No watercoolers will likely force badminton players to buy from vending machine. Rental space of machine = profit for CC. Watercooler = expense for CC. In addition:
  • Buy carbonated drinks = Gdp up
  • Diabetes from too much sugar drinks = Gdp up
  • See Dr & buy medication = Gdp up

I'm used to drinking plain water. I'll rather drink tapwater than pay inflated prices for those carbonated sugar drinks. $ saved can buy a 1.5l bottle instead just that is not chilled. Is a matter of whether your rational mind is doing your thinking when thirsty or your emotional mind.

Saturday, August 7, 2010

Waiting for Suckers & Profit Maximisation is Name of the Game

Someone wrote to the paper about the Tanjong Pagar site. URA has stated they won't sell if highest bid is much lower than their est. value. I have no idea there's so many hotels in that area. Clearly the site is high risk for a hotel developer with many competitors already there.
"2 hotels are being built along Tanjong Pagar Road. 2 other sites within the vicinity have been earmarked for hotel development.

Add these to the 6 hotels currently operating within a 400m radius of the Tanjong Pagar MRT station & we are looking at a grand total of 11 hotels.

That is a little too much for an emerging residential neighbourhood. I urge the URA to allocate more land in the vicinity for street-level recreation & activities."- Toh Cheng Seong
There used to be a fountain in Clementi central. Together with bus interchange it is being torn down & building a mall with interchange. People used to gather around fountain to rest & socialise. Sadly there's no profit potential. Malls sprouting up like weeds around S'pore to maximise profit is the name of the game now. Street-level recreation & activities? Seem to me is mall-level recreation & shopping instead.

Consumerism instead of recreation. Consumer instead of citizen...

Thursday, August 5, 2010

Bureaucrats Waiting for Sucker to Buy

If highest bid is too much below their so called estimated value, then the other bidders are lesser. These are people in the trenches. They know the situation & risk better than those scholars in ivory towers.
"Land parcel will not be sold if the highest bid is too much below its estimated market value. The estimated market value is done on the day the tender closes."-URA on site next to Tanjong Pagar MRT
Government is just waiting for a sucker to pay top dollar for their so called 'estimated value'.

When site is sold at ridiculous price, the rentals will be high. An example is Sengkang's hawker centre cum market. Items are sold at higher price to cover the rents. End result is higher costs of living for those residents- for many of them no need to retire as per MM Lee's script.

Do you ask yourself how much of rental component are you paying when buying an item?

Tuesday, August 3, 2010

Replaceable cogs with no brains

No explanation or the rules say so. At times this is what you get when a worker gets a job description & rules to follow- for many is just follow blindly & collect paycheck. Later the people up there in their ivory towers wonder why business is bad & later layoff the cogs.

Many managers like hiring team players - Yes man/woman who won't question their decisions or status quo. Many see those individuals who question as troublemakers.
"Website didn't make things clear so I called the YOG hotline. Person on the line said my 16-month-old son would be allowed in but, to my astonishment, she added that he required a ticket. I told her my son would be sitting on my lap and uestioned the rationale for insisting on a ticket for a toddler. She had no explanation for that but told me that children, regardless of age, required tickets & there was no concession for toddlers.

Can the YOG organisers explain why a toddler needs a $80 ticket to watch each ceremony when he won't be taking up a seat? It clearly does not make sense."- Esther Chia