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Singapore Flyer Under Receivership, Orbigood!


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Right in the beginning I predicted it won't do well. Why should people want to spend the kind of money to watch vessels and container ports? Besides there are other skyscrapers around to view all these for free.

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I suppose it the novelty of it but to price it at $32.50 per person... from what I understand, no sane local will think it is worth the money.  Will you spend $32.50 just to be TRAPPED in a glass capsule going one round of it when as what you say that view can be seen from any of the windows of our high rise building and not to say those high rise apartments that faces the sea like those in Marine Parade that view is second nature to them.

 

Well, it's for the tourist, I suppose and really how many of those tourist will also want to spend that type of monies. 

 

I recall when they first started there was that one big hoo haa of it being a success story and now, what? :) The high cost of business kills them and I suppose now only the metal scrap brokers are the only one that is busy for like vultures the carcass is about ready for dinner.  In Tibet it is called sky burial.  :)

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One round $30, why not rob the bank better.. They know NUTS about marketing.

 
They just price themselves OUT of the market.... Silly management and sill marketing..

 

 

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What does under receivership mean?

 

A type of corporate bankruptcy in which a receiver is appointed by bankruptcy courts or creditors to run the company. The receiver may be appointed by a bankruptcy court, as a matter of private proceedings, or by a governing body. In most cases the receiver is given ultimate decision-making powers and has full discretion in deciding how the received assets will be managed.
 
The primary responsibility of the receiver is to recoup as much of the unpaid loans as possible. Being in receivership is not an enviable situation for any company. Oftentimes, receivers find that the best way to pay back loans is to liquidate the company's assets, which effectively puts the company out of business, as its assets are sold at deep discounts in order to recoup some of the monies owed.
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Just go around and ask exactly how many Singaporean and PR had ride in the Flyer?

And even those who had ride for novelty sake, how many would go for repeated ride?

The ride is SO expensive and the sales & marketing people there just ignore this fact that most locals couldn't afford it.

They should have concession rides for citizens for say, half price on weekdays and surely many would go for it.

The lack of local participation and the high admission price surely killed the Flyer.

Hopefully the new management don't make the same mistake

 

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i kinda know that sg flyer is not doing well, but what im puzzled is everytime i pass by there (can be several times a month), all the capsules seem to be filled with people!

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I think the problem for the Flyer is that all tourists now want to go to the top of MBS, so they can't be bothered with the Flyer because they've already seen the view from above.

 

yes u might be right, make sense.

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What fucking scenery is there to see, those brainless fucks who initiated this thing really no brain.

Just know how to copy.

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I think the problem for the Flyer is that all tourists now want to go to the top of MBS, so they can't be bothered with the Flyer because they've already seen the view from above.

Yeah, i agree, MBS is cheaper, you can stay as long as you want, at night you can take good night shots if you can sneak in a tripod, right below is shopping mall, the promenade and gardens by the bay, so convenient. Singapore flyer is too remote compared to MBS. But before MBS, it was one of the best choice to enjoy the city skyline. I actually brought everyone come to Singapore to the Flyer...hehe

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I went there in Sep 2011 because it was given FOC for those working in the education industry.

It was not one of the pleasant 28 mins in my life.

 

The view was not anything spectacular, considering that most of us live in high-rise apartments.

There was a lack of video or audio explanation of the buildings around the bay - which at that time, the Gardens were still under construction. 

Honestly after the initial 3 minutes, I cant wait for it to end...

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I went there in Sep 2011 because it was given FOC for those working in the education industry.

It was not one of the pleasant 28 mins in my life.

The view was not anything spectacular, considering that most of us live in high-rise apartments.

There was a lack of video or audio explanation of the buildings around the bay - which at that time, the Gardens were still under construction.

Honestly after the initial 3 minutes, I cant wait for it to end...

on first year of operations, my bf n I brought his parents n nephews to the flyer. Was bored after 10 mind. Becos I m familiar w the view Liao, mbs n gardens n mbdc were not ready yet. Tourist may find it nice? I doubt it will be torn down as there are still many visitors. They could change biz model.
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Guest Marvel

The other problem for the Flyer is the transport issue. There is no direct MRT line or bus stop to the Flyer! People have to take a 10 min walk from Promenade MRT to the area and who is going to do that especially those with no cars and those travelling with kids or the elderly?

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Every capsule should come with a whore, at $32.50, you can do anything with him/her.

 

I've seen posters put up by RCs offering $15 rides on the Flyer.

 

If they can offer at $15 why charge us at $30.  So they deserve to be put under receivership.

 

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New biz plan for Poor Flyer:

1. Turn the big giant wheel into an LED advertisement board. If someone owes you money, can flash

    '$%&^$% owe $$$$$ pay $$$$$'. Sure get money back in 24 hrs.

2. Ppl get to bungee jump from the wheel, all at the same time. Attach microphone & camera to hear them 'cry father & mother' in

    THX surround sound.

3. Turn the wheel into a huge watermill at night by installing giant water guns in each carriage for guests to shoot at each other.

    No need to go to Thailand for Songkran.

4. Turn it into a love motel(can rent for 28 mins) with waterbed in each capsule. Experience lovemaking high up. No need to go

    East Coast or Lim Chu Kang anymore.

5. Wknd foam party.

6. Do a reality show by putting local celebrities up there & vote them off one by one by throwing them off into the bay.

7. New ICT or RT venue.

8. Turn it into another casino by installing slot machine & black jack table in each carriage.

9.  Work with Branson to launch & spin the wheel into the earth orbit & back.

10. Make it into a Giant 'Share Di Zi' (sorri my pin yin sucks) or a bloody guillitone to defend our country against ET.

11. Pitch to Ang Lee to film 'Life of Pi II' by making the tiger(gay) leaps from carriage to carriage to chase after Kumar.

12. Hold BW annual D&D 2013 up there.

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I went there in Sep 2011 because it was given FOC for those working in the education industry.

It was not one of the pleasant 28 mins in my life.

 

The view was not anything spectacular, considering that most of us live in high-rise apartments.

There was a lack of video or audio explanation of the buildings around the bay - which at that time, the Gardens were still under construction. 

Honestly after the initial 3 minutes, I cant wait for it to end...

 

you are one guy hard to please! and no, not everyone live on high storey.

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Guest dakenomial

i think the flyer was initially built and designed for the sake of fengshui. dunno why they allowed MBS to build a viewing deck though if they were so insistent on protecting the flyer's business.

 

and yes, i agree that they should have a video explaining the different views from the flyer. i don't even know some of the places that i was seeing sia.

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i think the flyer was initially built and designed for the sake of fengshui. dunno why they allowed MBS to build a viewing deck though if they were so insistent on protecting the flyer's business.

 

and yes, i agree that they should have a video explaining the different views from the flyer. i don't even know some of the places that i was seeing sia.

 

yea it was! and rmb initially it was turning in a certain direction and grandpa (or another person but rmb he was involved) wanted it to turn in the reverse direction cos of feng shui!

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The $220 million investment were from Germany private funds. No losses here.

 

Over the last 5 years, they had market and promote this icon with many fresh theme. Guess the investor see bad times ahead and decided to cut loss.

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Guest Fuck up

Singapore has many white elephants for show. This big wheel thingy is just a specimen approved by the govt to make Singapore "look good" across the skyline. The other cosmetic structure is the double-durian sitting next to suntec.  Sentosa cove is also nothing special.  So far, merlion is the only Singapore timeless product worth every tangible and intangible value for its presence.  I think, more tourists paid visit to Haw Par Villa than the Singapore Flyer.

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Guest BabyCub

Reali like wat the thread starter said....Or-Bi-Good.... they well deserved it.....

I had only been there ONCE for the sake of my tourist friends.... they were shocked at the price and was wondering how come locals are not getting a better discount as they can understand that it might cost a hefty sum to run and manage the wheels and its surroundings......

They reali deserved it.....

Some places I went to overseas they hve 2 pricing... one for the tourists and one for the locals... locals need to show their ID cards or any form of identifications allowed in their country..... while tourists if u dun hve ur passport is ok...cos u will pay the tourists fare to go in......

 

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n rather than making ticket cheap cheap for locals to revisit again n again. they decide to make it into fine dining.

 

how the hell ppl want to eat inside a capsule w no washroom? eat halfway tummy ache or need to pee after drinking champage how?

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Guest Uniform fetish

n rather than making ticket cheap cheap for locals to revisit again n again. they decide to make it into fine dining.

 

how the hell ppl want to eat inside a capsule w no washroom? eat halfway tummy ache or need to pee after drinking champage how?

I think the most value for money ride is when the wheel stucked halfway in the air, than our SCDF will be called in to the rescue. You get to enjoy the ride down a rope like tarzan, holding the handsome man-in-uniform in the mid air above Singapore panaromic night city.  It reminds of of superman carrying his gf and soared into the night sky.  I don't mind paying for this kind of excitment.  

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LOL I love your no. 12... :P but it won't haul the ailing Flyer back to life...!

Drastic measure for bad times - turn the flyer into a 'BW spa xclusive for men'.

Fix rainbow colored LED lights on the wheels, different themes for each carriage like one for bear, the other for sugar daddy,

one with mahjong table, etc.

hehe

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Anyone still remember the time when the wheel was stuck and people were stuck in the capsule with no access to the toilet?

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Guest aw ngui ngui

I think the most value for money ride is when the wheel stucked halfway in the air, than our SCDF will be called in to the rescue. You get to enjoy the ride down a rope like tarzan, holding the handsome man-in-uniform in the mid air above Singapore panaromic night city. It reminds of of superman carrying his gf and soared into the night sky. I don't mind paying for this kind of excitment.

wait Jojo Joged (aka suhaimi in police uniform) is the one that come to rescue you !!

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I think the most value for money ride is when the wheel stucked halfway in the air, than our SCDF will be called in to the rescue. You get to enjoy the ride down a rope like tarzan, holding the handsome man-in-uniform in the mid air above Singapore panaromic night city.  It reminds of of superman carrying his gf and soared into the night sky.  I don't mind paying for this kind of excitment.  

Imagine trapped up there for a while, they sure smell all the sai when they rescued them down.

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Anyone still remember the time when the wheel was stuck and people were stuck in the capsule with no access to the toilet?

I would like to suggest selling adult diaper( with the flyer logo) to the patrons & ask them to change in the toilet b4 going up.

Alternatively, put a TEE KANG in each carriage for emergency purpose.

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Guest Guest

everything to you Is political hor? You blame the govt for your boring life?

 

They should put you in every capsule if that's possible.

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I took some of my visiting friends there. Once. After experiencing it I just tell them it's not worth it.

And they are selling champagne dinner.... Who on earth would do that?

After the novelty of the first minute or two, it's just a nightmarish long ride... Painfully slow. And you just think "shit I've just wasted $$$".

It's meant for tourists more than locals I think. Same for the London Eye. But it's way too expensive. Going there is not easy ether. Promenade is fine but you still need to walk through "the middle of nowhere". So unattractive for tourists.

As said earlier, you're better off having a drink a Ku De Ta (so that you don't have to pay to go up there, might as well just pay for a (overpriced) drink and enjoy the view while sipping on a drink.

Sky on 57 is free too if you're going for a drink and to my opinion, has a better "full frontal" view of the CBD.

The bar on top of Swissotel Stamford is also quite nice. Free as well if you get a drink.

1-Altitude is also kinda expensive but you get a drink and a 360 degrees view of Singapore.

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