23 October 2014

KL-SG High Speed Rail Project - 7 Stops to be Confirmed - October 2014


SINGAPORE - The high-speed rail (HSR) project connecting Singapore and Kuala Lumpur will have seven stops in Malaysia, namely Kuala Lumpur, Putrajaya, Seremban, Ayer Keroh, Muar, Batu Pahat, and Nusajaya.
While several of the proposed stations had been announced earlier, the location of the stations were confirmed on Wednesday by Malaysia's Land Public Transport Commission chairman, Syed Hamid Albar.
- See more at: http://www.straitstimes.com/news/singapore/transport/story/singapore-kuala-lumpur-high-speed-rail-have-seven-stops-malaysia-2014#xtor=CS1-10


My Notes

Previously Malaysia Transport Minister announced that there were 5 stops in between KL and SG, namely Putrajaya, Seremban, Kuala Lumpur, Batu Pahat and Nusajaya apart from another terminal located at Singapore (most probably at Jurong lake district as announced by Singapore prime minister LHL). Some of us quite surprised that Muar and Malacca (Ayer Keroh) were not in the list. 


With this latest announcement, I believe that it is a moral boost or rather a doubt? to investors in Malaysia as there were ongoing changes in Malaysia government decision. No doubt, we could  confirm that the terminals are confirmed (which is KL and Singapore), but we still cannot come into conclusion or making investment decision until the final decision and execution plan are confirmed.

To me, it is not wise for an investor not to do a detailed homework before making any investment, otherwise it will be concluded as "speculation" purely based on guts and feels (more emotional) which may result in a more dangerous situation that you cannot control of it. 

It is better to wait for the final decisions to be made, just like what has been proposed by both governments on the so called RTS (rapid transit sytem) to be linked to Bukit Chagar, Johor Bahru with the terminal at Republic Polytechnic, Singapore (via Thompson MRT line) which is expected to be the major catalyst to Johor Bahru (Zone A of Iskandar Malaysia) property market.

1 comment:

  1. building such a large scale project would be benefits a lot of business, eg steel, cement esp
    it might pay to do research on these counters.

    ReplyDelete

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