In the midst of the demolition of the iconic Shah Alam Stadium, the future of the site is shrouded in secrecy. In gossip around state government circles, rumours are emerging that the stadium may not be replaced. These rumours are supported by the fact there is no approved development plan on the table to precede after the demolition is completed at the end of 2025. There is even talk that a much smaller stadium than the 45,000 seat stadium planned to replace the partly demolished stadium, may be erected in some other part of Shah Alam.
The major issue for Selangor is money. The size of Selangor’s total fiscal budget in 2024 was RM 2.53 billion, with a deficit of RM 330 million. With RM 1.2 billion set for development, the proposed full development at the Shah Alam Stadium site would take up 3 years of Selangor’s development funds. Its clear that the Selangor State government would struggle to finance the RM 3.28 billion redevelopment project of the site into a commercial area with smaller stadium. Â
The Selangor Government through MBI has already committed to RM 53 million to demolish the stadium, when it could have been fully repaired for around RM 120 million.
There has been talk of land swaps. However, any land swap requires any contractor to either lodge the land as collateral with banks, or sell of part of the land package to finance such a venture, whether it be RM 787 million to rebuild the stadium or RM 3.28 billion to commercially develop the Shah Alam complex.
Its difficult to see how such a full-scale development of the site can be financed. The Selangor state government is making this massive investment, without any idea of the return on investment (ROI). Land swaps transfer value but don’t necessarily generate working capital. If such an RM 3.28 billion project is pursued, then it may require the federal government to jump in with some RM 13 development funds.
However, many questions remain. Who will benefit from any commercial centre? The state? The public? Future franchise operators? Will a replacement stadium be built on the site?
This is what Selangor’s citizens were shown to justify the demolition of the Shah Alam Stadium.
Its still very unclear who will benefit from this project? All we know this will be of massive cost to the state government.
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The Shah Alam stadium may not be replaced. Big deal. The crooked bridge may not be built. Even bigger deal. But the dignity of the Malays in Malaysia and their right to rule exclusively in their native land will never be replaced or diminished by Chinese invaders or Pendatangs who believe that the length of their stay as guests givs them the right to do a Singapore in Malaysia.
Never again.
It why all of South East Asia forbids the idea of Chinese vernacular education, cultural signs, the use of their language and overt expressions of being Chinse uber alles save for Singapore and Malay. Malaysia realizes now that their generosity will be abused as it was in Singapore. Never Again!!!