Maybe he is already a partner since he knows the budget details. But if the term loan is charged at 8-10%, I'm not sure whether the whole project is viable over 30 years!
Isnt it pathetic that the sports authorities (whoever that might be) cannot provide a decent training facility for the National squad and SBA have to turn to a private organisation for assistance? I still cannot believe the authorities would rather lease the old SBH to a prawn fishing company for profit rather than charging SBA a nominal fee for the national players to train there.
I wish I am ... So, my team doesnt have to wake up early to book courts haha :crying: Back in 2005, I also couldn't believe when my ex-company informed us that they were going to convert all staff recreation centers for leasing, because it's not profitable. Oh yeah the 25K will be before the additional $$$ for the land lease ... Seriously, I don't know how they are going to fork out the monthly payment based on hourly rental. May be it's owned by millionaires who are passionate with Badminton haha.
I understand an indoor hall/stadium will be built in the Kallang Sports Hub facility and I hope this will be the headquarters for the SBA with training facilities for our national badminton teams.
Obviously the courts booking fee won't be able to cover the overall cost. But I heard that the boss is very rich and a real badminton lover (probably crazy to badminton similar like you and me). Haha...
i havent tried playing here, maybe soon when My schedule is fixed. Some badminton courts in Philippines looks almost the same, old warehouse converted into badminton court.
Sad case for national players. Anyway, yes, some guys are really rich. This is just a small change for them.
Why sad case leh? This is our so call "world class" badminton hall that do not have water cooler. Should proud of it!
Hi Loh, thanks so much for your detailed introduction, as you have always done so. One of the true badminton lovers.
How about a free trial period for: Mr Twister, Tank, porroy, sealman and other interested BC members like yourself...
Ok. man. all the best for those playing in the tournament on monday onwards. See you there. I'm playing first round against students.
