11/06/2007

The Promise Land

Two Integrated Resorts, Punggol 21, The Marina Botanic Garden, Underground Tunnel Expressway, the rebuilding of old Singapore, the multi million dollar revamping of Orchard Road Disneyland, and now, the great promise of a Super Sports Hub. Cubby Leong wrote, 'Super stadia that are the envy of the world. An airconditioned karting track. A white water rafting facility, a hotel, even the opportunity to "walk on water".' These are the latest promises by bidders vying to rebuild the new Singapore Sports Hub. Singaporeans can all look forward to this great Promise Land. Provided they have the money to enjoy them. They are not for free ok. And not to forget the world best medical facilities, education and public transport system.

6 comments:

Anonymous said...

I earn $2K a month. Is this enough to go and enjoy or not? Or are these only for ppl with lots of money?

Matilah_Singapura said...

Well, we will soon know if the developers/speculators/entrepreneurs are "right" or not. Let's see if these developments can turn sustainable profits.

There have been catastrophic business failures in Leisure and Entertainment before—e.g. early days of Sentosa, Crazy Horse, the many ice skating rinks that came and went.

So we shall see. One guy whom I admire for his success in leisure and entertainment is Ong Beng Seng. It is terrific that he has the S'pore Grand Prix—IMO he is the man for the job.

Anonymous said...

I can't care much about any of these anymore. My financial position isn't anywhere to enable me to enjoy any of these facilities.

Matilah_Singapura said...

I don't care about these either. The last thing I want is an "aicon" sports hub. The idea is to get some real fresh air—maybe I'm just old fashioned and "unhip".

The people who are likely to patronise these huge developments will probably on average do so once in awhile. Even if they go often in the beginning, most people taper off their activities in a specific context as they reflect the Law of Diminishing Returns and eventually become BORED, and thus look for something else.

Also, S;poreans are essentially tight-arses–they want the best Value For Money. It is virtually impossible to launch a new product into the market, or sell anything without offering some sort of "free gift" or for the real cheapies "lucky draw".

Crazy Horse learnt this fact the hard way. They were way too "optimistic" about their charges, and FAILED.

The rule is, I have found, generally speaking: You want to win and stay LONG TERM in the S'pore market, you had better offer VALUE. If you are one of the lucky few who make it to the top, because customers are willing to pay, and to wait... good for you. However for the most part, you'll have to fight like mad for your customer's patronage.

Anonymous said...

I earn $2K a month. Is this enough to go and enjoy or not? Or are these only for ppl with lots of money

..dont worry brother the credit card companies will make sure you have a good time like everyone else,.. even those earning $1K a month need not worry... just enjoy, be happy, and dont think too much..

redbean said...

dun worry, everything will be affordable.