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View Full Version : Singapore to KL within 90 mins! High Speed Rail by 2020!



leesg123
19-02-13, 12:14
MAI TU LIAO! Told you all go buy FREEHOLD Prime KLCC Condo don't want to listen! It will CHIONG! Still PLENTY of ROOM to GO UP!!

http://www.straitstimes.com/breaking-news/singapore/story/pms-agree-high-speed-rail-link-between-kuala-lumpur-and-singapore-2013

Singapore and Malaysia have agreed to build a high speed rail link between Kuala Lumpur and Singapore, a move that will "dramatically improve" the connectivity between the two countries.

cnud
19-02-13, 12:15
MAI TU LIAO! Told you all go buy FREEHOLD Prime KLCC Condo don't want to listen! It will CHIONG! Still PLENTY of ROOM to GO UP!!

http://www.straitstimes.com/breaking-news/singapore/story/pms-agree-high-speed-rail-link-between-kuala-lumpur-and-singapore-2013

Singapore and Malaysia have agreed to build a high speed rail link between Kuala Lumpur and Singapore, a move that will "dramatically improve" the connectivity between the two countries.

Skali BN flop...

indomie
19-02-13, 12:26
MAI TU LIAO! Told you all go buy FREEHOLD Prime KLCC Condo don't want to listen! It will CHIONG! Still PLENTY of ROOM to GO UP!!

http://www.straitstimes.com/breaking-news/singapore/story/pms-agree-high-speed-rail-link-between-kuala-lumpur-and-singapore-2013

Singapore and Malaysia have agreed to build a high speed rail link between Kuala Lumpur and Singapore, a move that will "dramatically improve" the connectivity between the two countries.
Its the other way around. Sg will be the one flooded with more malaysians.

leesg123
19-02-13, 12:30
Its the other way around. Sg will be the one flooded with more malaysians.http://klsingaporehsr.blogspot.sg/

Property prices in Kuala Lumpur should also benefit from greater demand from Singaporeans and foreigners who are attracted by the improved accessibility of KL. This would help generate demand for the large supply of condominiums in KL. With better accessibility, foreign companies may be attracted to place their operations in KL or Iskandar where operating costs are lower. The better accessibility would also make it easier to attract talent to work in KL or Iskandar.

p3nboy
19-02-13, 12:31
expected what...

leesg123
19-02-13, 12:34
http://app.kwpkb.gov.my/greaterklkv/uploads/entrypoints-rail-01.png

p3nboy
19-02-13, 12:38
It is likely to cost more than budget airline. :D

indomie
19-02-13, 12:39
http://klsingaporehsr.blogspot.sg/

Property prices in Kuala Lumpur should also benefit from greater demand from Singaporeans and foreigners who are attracted by the improved accessibility of KL. This would help generate demand for the large supply of condominiums in KL. With better accessibility, foreign companies may be attracted to place their operations in KL or Iskandar where operating costs are lower. The better accessibility would also make it easier to attract talent to work in KL or Iskandar.
Don't think so complicated, this kind of investment is not justified simply by the greater movement of goods and people. Just think about casino or the third casino.

leesg123
19-02-13, 12:39
It is likely to cost more than budget airline. :DYup, but given the time saved, it will be worth. perhaps?

leesg123
19-02-13, 12:41
Don't think so complicated, this kind of investment is not justified simply by the greater movement of goods and people. Just think about casino or the third casino.haha... either way, both side GDP will go up!

Bro BJ21! This IS the BIGGER Two Headed Serpent!

phantom_opera
19-02-13, 12:42
I would think it make sense to extend from Batu Pahat to Pontian b4 going into JB

Properties in Batu Pahat/Muar near future high speed train stations will be huat 10x

phantom_opera
19-02-13, 12:43
Skali BN flop...

Sekali BN wins but high speed rail project has not started until next next election :p

zzz1
19-02-13, 12:48
http://app.kwpkb.gov.my/greaterklkv/uploads/entrypoints-rail-01.png

From the map, its show link to airport,
Not again , the terminal stop at KLIA, and always have connectivity issue going to kl city..
Got to take taxi up to city....

phantom_opera
19-02-13, 13:01
the one that benefits most will be the cities in between, Batu Pahat to Singapore will be 30 mins WOW!!!

dtrax
19-02-13, 13:13
Connect the dots:

1. HSR: 2020
2. Thomson MRT line: 2019-2021
3. NS expressway: 2020

leesg123
19-02-13, 13:14
the one that benefits most will be the cities in between, Batu Pahat to Singapore will be 30 mins WOW!!!Yup! Melaka will be transformed!

Ringo33
19-02-13, 13:14
i think property prices in woodlands are could potentially take a hit because those working in Woodlands might prefer to live in Malaysia rather than Singapore.

leesg123
19-02-13, 13:15
Connect the dots:

1. HSR: 2020
2. Thomson MRT line: 2019-2021
3. NS expressway: 2020Will interchange at woodlands (thomson line), then direct down to CBD!

phantom_opera
19-02-13, 13:15
i think property prices in woodlands are could potentially take a hit because those working in Woodlands might prefer to live in Malaysia rather than Singapore.

True ... but that will depend on how efficient is the immigration clearance ..nowadays at least no need to fill up white card and no stupid double fingerprinting

dtrax
19-02-13, 13:18
Will interchange at woodlands (thomson line), then direct down to CBD!

most likely, coz it makes no sense to waste the extra funds to have the HSR stop in city centre

eng81157
19-02-13, 13:19
i think property prices in woodlands are could potentially take a hit because those working in Woodlands might prefer to live in Malaysia rather than Singapore.

don't be too quick.

depends how much the fare is. if it's a bullet train, don't think it will be cheap - likely to range $10-40

co-renting a room in Singapore = $400/mth
living in Msia, travelling expenses = $500/mth

leesg123
19-02-13, 13:36
don't be too quick.

depends how much the fare is. if it's a bullet train, don't think it will be cheap - likely to range $10-40

co-renting a room in Singapore = $400/mth
living in Msia, travelling expenses = $500/mthI would think hotel occupancy from business travellers in Singapore will be hit.

Ringo33
19-02-13, 13:38
don't be too quick.

depends how much the fare is. if it's a bullet train, don't think it will be cheap - likely to range $10-40

co-renting a room in Singapore = $400/mth
living in Msia, travelling expenses = $500/mth

food, cars, gas, weekend, luxury of space vs room etc.

NorthernStar
19-02-13, 13:46
i think property prices in woodlands are could potentially take a hit because those working in Woodlands might prefer to live in Malaysia rather than Singapore.
High speed Rail is not exactly MRT train.. the interval maybe only 1hr per train.. it affects Singapore overall..

The daily commuters will have to wait for the announcement of the MRT connection into JB's rail network.

phantom_opera
19-02-13, 13:47
don't be too quick.

depends how much the fare is. if it's a bullet train, don't think it will be cheap - likely to range $10-40

co-renting a room in Singapore = $400/mth
living in Msia, travelling expenses = $500/mth

some rich PMETs will still rent an MM in SG... then Friday night take a train to retire into his bungalow in Malaysia near a high speed rail station .. many do that in London

it is time for Temasek to further invade JB lol

eng81157
19-02-13, 13:55
food, cars, gas, weekend, luxury of space vs room etc.


CONVENIENCE :doh: :doh:

eng81157
19-02-13, 13:56
High speed Rail is not exactly MRT train.. the interval maybe only 1hr per train.. it affects Singapore overall..

The daily commuters will have to wait for the announcement of the MRT connection into JB's rail network.

i doubt it will be an integrated network. most probably like shinkansen from narita to tokyo, then swap to JR line for local network

phantom_opera
19-02-13, 13:59
Taiwan (Gao Shiong - Taipei) / SuZhou-HangZhou-Shanghai already have high speed rail many years back ... go there and check it out ... +30 mins for delay at immigration ... then u get the picture

Ringo33
19-02-13, 14:04
High speed Rail is not exactly MRT train.. the interval maybe only 1hr per train.. it affects Singapore overall..

The daily commuters will have to wait for the announcement of the MRT connection into JB's rail network.


Cannot be 1 hr per train lah. If 1 hour per train, this high speed train operator eat grass liao. Perhaps during busy hours it will be 15mins or so.

Ringo33
19-02-13, 14:06
CONVENIENCE :doh: :doh:

you were comparing the cost of renting a room vs possible transport cost when living in Malaysia.

Since when are we talking about convenience?

phantom_opera
19-02-13, 14:20
Cannot be 1 hr per train lah. If 1 hour per train, this high speed train operator eat grass liao. Perhaps during busy hours it will be 15mins or so.

SuZhou-Shanghai about 30 mins frequency non-peak ... Taiwan similar

Fare will be about same price as budget airline i.e. $100 return, $50 one way

eng81157
19-02-13, 14:29
you were comparing the cost of renting a room vs possible transport cost when living in Malaysia.

Since when are we talking about convenience?

wah piang........please upgrade your processor speed


you said rental in woodlands fall - why? cos' msia FTs balek kampung
so i gave you calculations for out-of-pocket expenses, based on renting a room in SG vs travelling to & fro

then you come up with crap like gas, car, space, blah blah blah for the weekend

who cares about the weekend, when convenience is more important?

p3nboy
19-02-13, 14:30
JB properties will have more competition from those in Melaka and KL....:D

Ringo33
19-02-13, 15:22
wah piang........please upgrade your processor speed


you said rental in woodlands fall - why? cos' msia FTs balek kampung
so i gave you calculations for out-of-pocket expenses, based on renting a room in SG vs travelling to & fro

then you come up with crap like gas, car, space, blah blah blah for the weekend

who cares about the weekend, when convenience is more important?


I am not sure what you are talking about..below are the exact conversation we had. I was talking about price of property in woodland getting hits, you talk about fare and cost, then you switch to convenience is more important?

I think you might be infected with virus.


i think property prices in woodlands are could potentially take a hit because those working in Woodlands might prefer to live in Malaysia rather than Singapore.

don't be too quick.
depends how much the fare is. if it's a bullet train, don't think it will be cheap - likely to range $10-40

co-renting a room in Singapore = $400/mth
living in Msia, travelling expenses = $500/mth

food, cars, gas, weekend, luxury of space vs room etc.

CONVENIENCE :doh: :doh:

you were comparing the cost of renting a room vs possible transport cost when living in Malaysia.

Since when are we talking about convenience?

eng81157
19-02-13, 15:31
I am not sure what you are talking about..below are the exact conversation we had. I was talking about price of property in woodland getting hits, you talk about fare and cost, then you switch to convenience is more important?

I think you might be infected with virus.

wah piang........still must break down for you?!?! :banghead: :banghead:

property price hit - demand drop
demand drop - ppl stop renting, take rail balek kampung
compare cost of traveling vs renting
latter cheaper
ppl may keep renting
demand sustain
property price sustain

eng81157
19-02-13, 15:33
I am not sure what you are talking about..below are the exact conversation we had. I was talking about price of property in woodland getting hits, you talk about fare and cost, then you switch to convenience is more important?

I think you might be infected with virus.

ma chiam like teaching primary school kid. learn to deduce/infer

Ringo33
19-02-13, 15:37
wah piang........still must break down for you?!?! :banghead: :banghead:

property price hit - demand drop
demand drop - ppl stop renting, take rail balek kampung
compare cost of traveling vs renting
latter cheaper
ppl may keep renting
demand sustain
property price sustain

no, I dont need you to break anything, just spare me your nonsense and ignore my post in future.

NorthernStar
19-02-13, 15:37
Cannot be 1 hr per train lah. If 1 hour per train, this high speed train operator eat grass liao. Perhaps during busy hours it will be 15mins or so.
Need to consider the time spend on cross-border immigration check (which we don't face in other countries)...By the time they check all the passports, easily 15-20 mins gone (both Malaysia and Singapore sides some more)..

That's why i wrote this is not exactly like the MRT system which the train don't wait for u...

eng81157
19-02-13, 15:40
would love to see no more nonsense from you, especially about a 3rd IR in JLD

WHAHAHAAHAHAHA

rymccondo77
19-02-13, 15:43
Will be more convenient to go to Melaka for those of us who don't drive :)

Remember the time I vacationed in Osaka - with the train to Tokyo - I could travel to Tokyo from Osaka to meet my Japanese friend for lunch, do some shopping, and then return to Osaka in the evening :D

NorthernStar
19-02-13, 15:48
Will be more convenient to go to Melaka for those of us who don't drive :)

Remember the time I vacationed in Osaka - with the train to Tokyo - I could travel to Tokyo from Osaka to meet my Japanese friend for lunch, do some shopping, and then return to Osaka in the evening :D
Last time, when i was a student, we bought Japan Rail 1 week Pass. We stayed in Tokyo but traveled every day to Osaka, Kyoto, Kobe within that 1 week...:D

eng81157
19-02-13, 15:49
Will be more convenient to go to Melaka for those of us who don't drive :)

Remember the time I vacationed in Osaka - with the train to Tokyo - I could travel to Tokyo from Osaka to meet my Japanese friend for lunch, do some shopping, and then return to Osaka in the evening :D

on a side line, me think medical tourism in malaysia will boom, for obvious reasons.

fly to singapore, live in a 5 star hotel, take a fast train to wherever pantai/parkway hospitals are in msia, day procedure, take a train back to singapore and rest - all within a day

eng81157
19-02-13, 15:50
Last time, when i was a student, we bought Japan Rail 1 week Pass. We stayed in Tokyo but traveled every day to Osaka, Kyoto, Kobe within that 1 week...:D

does that 1 week pass include unlimited rides on shinkansen?!

starrynight
19-02-13, 15:54
For what it's worth, I was surveyed in Subang airport by a team investigating the feasibility of the HSR around August last year.

They showed many maps, and asked interviewees their interest in the various permutations. In summary, I got the impression:
a. will not be cheap - around SGD100+
b. when you include time travelling to and waiting at the airport, etc, the HSR should be faster
c. got a vibe that the Singapore station will not be in the city centre - most of the options were in the far west part of Singapore or in Woodlands

phantom_opera
19-02-13, 15:54
I was watching Nat Geo channel about Eurostar rail speed enhancement project in UK

Really amazed by the 1860's Victoria Building at St Pancras ... it is still so beautiful

http://news.bbc.co.uk/2/hi/uk_news/7082370.stm

Ringo33
19-02-13, 15:55
Need to consider the time spend on cross-border immigration check (which we don't face in other countries)...By the time they check all the passports, easily 15-20 mins gone (both Malaysia and Singapore sides some more)..

That's why i wrote this is not exactly like the MRT system which the train don't wait for u...

depending how is going to pay for this project. If it is going to be funded by governments from both side, then I think they will have to make the CIQ on both side more seamless. Hopefully we only need 1 CIQ in Woodlands serving both side instead of 2.

NorthernStar
19-02-13, 15:58
does that 1 week pass include unlimited rides on shinkansen?!
Yup.. unlimited rides on West-JR

eng81157
19-02-13, 15:59
depending how is going to pay for this project. If it is going to be funded by governments from both side, then I think they will have to make the CIQ on both side more seamless. Hopefully we only need 1 CIQ in Woodlands serving both side instead of 2.


WAHAHAHAHAHA......fail to learn from malaysia railway station!!!

made my day

mcmlxxvi
19-02-13, 18:04
Last time, when i was a student, we bought Japan Rail 1 week Pass. We stayed in Tokyo but traveled every day to Osaka, Kyoto, Kobe within that 1 week...:D

When I was in Wales for study trip, I travelled 6 hrs each to and fro by rail twice in a week just to meet my partner in London!!! PURE MADNESS!

mcmlxxvi
19-02-13, 18:08
I shall start to look at seaside bungalows in Melaka...

buttercarp
19-02-13, 18:54
I shall start to look at seaside bungalows in Melaka...

The sea of the straits of Malacca sucks!
Last time I went to a resort in Sepang goldcoast, thinking it would be like Australia's Gold Coast, I was so disappointed.

COS
19-02-13, 18:55
Genting Highlands ho say liao.....:D

leesg123
19-02-13, 19:24
Need to consider the time spend on cross-border immigration check (which we don't face in other countries)...By the time they check all the passports, easily 15-20 mins gone (both Malaysia and Singapore sides some more)..

That's why i wrote this is not exactly like the MRT system which the train don't wait for u...with the automated gate for SG, Msia passport holder, it will be pretty fast i think.

buttercarp
19-02-13, 19:26
If it stops at Malacca, my weekend will be an eating spree.

leesg123
19-02-13, 19:28
I think this HSR will open up more Msia cities as a viable retirement place for singaporean! Imagine, retire in 5 star condo in KL that cost that of sg 3rm hdb, if missed friends in SG, just hop on HSR, zoom, 90mins reach SG! Or maybe retire in a big house in Melaka but hop on HSR to reach SG! Say to see dr or eat hawker food etc.

for everyone to imagine!

buttercarp
19-02-13, 19:34
I think this HSR will open up more Msia cities as a viable retirement place for singaporean! Imagine, retire in 5 star condo in KL that cost that of sg 3rm hdb, if missed friends in SG, just hop on HSR, zoom, 90mins reach SG! Or maybe retire in a big house in Melaka but hop on HSR to reach SG! Say to see dr or eat hawker food etc.

for everyone to imagine!

Yes, can imagine it already :) .
So we should not worry about 6.9.
Everything will fall into place!

teddybear
19-02-13, 20:16
15mins or so then the operator sure eat grass, close shop within 6 months! :banghead:


Cannot be 1 hr per train lah. If 1 hour per train, this high speed train operator eat grass liao. Perhaps during busy hours it will be 15mins or so.

mcmlxxvi
19-02-13, 20:19
www.hattencity.com

DC33_2008
19-02-13, 20:24
This one week is really useful.
Last time, when i was a student, we bought Japan Rail 1 week Pass. We stayed in Tokyo but traveled every day to Osaka, Kyoto, Kobe within that 1 week...:D

mcmlxxvi
19-02-13, 20:30
Malacca MBS

smallest unit choice 515sf

http://www.hattencity.com/silverscape.html

NorthernStar
19-02-13, 21:21
with the automated gate for SG, Msia passport holder, it will be pretty fast i think.
Yes.. SG or PR will be faster but don't forget the train still need to wait for the rest of the passengers before it can depart. That's why I said, in early post that, this is not for the daily commuters from JB to Singapore.. This is more for business and tourist travellers.

The normal MRT link which may be announced 12 months later will then affects the daily travellers. However, imo, this will not affect the housing price in Woodlands only. It affects most of the suburbs area.

phantom_opera
19-02-13, 21:24
Yes.. SG or PR will be faster but don't forget the train still need to wait for the rest of the passengers before it can depart. That's why I said, in early post that, this is not for the daily commuters from JB to Singapore.. This is more for business and tourist travellers.

The normal MRT link which may be announced 12 months later will then affects the daily travellers. However, imo, this will not affect the housing price in Woodlands only. It affects most of the suburbs area.

if during peak hours every 15-20mins, can afford not to wait ... may be 5 mins waiting time

imo, today marks the day in history of a new form of relationship btn SG/MY ... due to both political and economic pressure ... a strange alliance is formed ;)

hanafi_d2000
19-02-13, 22:14
if during peak hours every 15-20mins, can afford not to wait ... may be 5 mins waiting time

imo, today marks the day in history of a new form of relationship btn SG/MY ... due to both political and economic pressure ... a strange alliance is formed ;)

Just keep fingers crossed no crisis appears before the train is up!
Otherwise take bus to KL

kane
19-02-13, 22:53
2 hours to genting highlands...

Kanarazu
20-02-13, 04:58
does that 1 week pass include unlimited rides on shinkansen?!

Hikari yes but not on the faster Nozomi.

Ringo33
20-02-13, 07:19
Just keep fingers crossed no crisis appears before the train is up!
Otherwise take bus to KL

both countries are running out of ideas to boost the economy, so this alliance will probably got to go ahead regardless who take charge next.

eng81157
20-02-13, 07:22
Hikari yes but not on the faster Nozomi.

ah, guessed as much. it ain't cheap either, about $70 per one-way trip

eng81157
20-02-13, 07:25
Yes.. SG or PR will be faster but don't forget the train still need to wait for the rest of the passengers before it can depart. That's why I said, in early post that, this is not for the daily commuters from JB to Singapore.. This is more for business and tourist travellers.

The normal MRT link which may be announced 12 months later will then affects the daily travellers. However, imo, this will not affect the housing price in Woodlands only. It affects most of the suburbs area.

my take on the MRT is wait - long - long, though it will still materialize one day. it depends on how they sort out the cross border security & legal concerns, the volatility of politics across the causeway, and whoever's palms are being (or not) greased in this project.

Shanhz
20-02-13, 07:45
Its the other way around. Sg will be the one flooded with more malaysians.

we love FT. but hope they dun go home to sleep. rent house here better.

Shanhz
20-02-13, 07:48
Will be more convenient to go to Melaka for those of us who don't drive :)

Remember the time I vacationed in Osaka - with the train to Tokyo - I could travel to Tokyo from Osaka to meet my Japanese friend for lunch, do some shopping, and then return to Osaka in the evening :D

for me, going to melaka is about the carbon clearing. take train no shiok leow.

go KL is diff, becoz do biz, must arrive fast and fresh.

eng81157
20-02-13, 07:58
for me, going to melaka is about the carbon clearing. take train no shiok leow.

go KL is diff, becoz do biz, must arrive fast and fresh.

take 30mins to melaka to makan chendol, dodol and chicken rice, quite shiok leh ;)

that's if we don't mind forking out the money for the ticket

leesg123
20-02-13, 08:03
For those keen to be among the first mover into kl property, here are my tips:

1. Location location location (need near ammenities e.g. food court, cafes, fastfood, super market, cinema, clinics, hospitals etc). Those very near to the UNDERGROUND mrt stations would be best as most likely it will link up to the HSR station.

2. No point identifying where the HSR will stop in KL or melaka. There is a high chance it will be a barren land as need space. Hence ammenities surround there will be far and few compared to mature area like KL City Centre. That is where the underground mrt comes into play.

3. Go for condo esp that built by reputable developer such as capital land, sp setia, ytl, sime darby etc. make sure the master title has been split (if is a resale).

4. Most respectable condos have 3 levels of security (guard house, lift lobby card access, lift card access that brings you to your floor only).

5. Choose your lawyer carefully, you dont want to end up with a crook who swindle your money away.

Check out iproperty.com.my but pls note that somehow the agents there act dont know how to use it as quite a number of the photos dont match the actual unot. Hence, it is very important to personally make the trip there several times.

if you have hsbc premier, that is the best as you can open a premier acct in msia and transfer fund easily between sg and my.

Anything not sure feel free to pm me!

taggy
20-02-13, 08:27
imo, today marks the day in history of a new form of relationship btn SG/MY ... due to both political and economic pressure ... a strange alliance is formed ;)

S'pore to KL in 90 minutes by rail (http://www.straitstimes.com/premium/top-the-news/story/spore-kl-90-minutes-rail-20130220)
Yesterday's news came as Malaysia is gearing up for a general election that must take place by the middle of the year. Asked how the upcoming polls might affect joint projects, Mr Najib said these were "long-term plans" that require "continuity and stability". "It's quite obvious what I mean," he said with a smile.
Mr Lee added with a laugh: "We would like continuity and stability too."


Read liao, also want to laugh :D

leesg123
20-02-13, 08:54
S'pore to KL in 90 minutes by rail (http://www.straitstimes.com/premium/top-the-news/story/spore-kl-90-minutes-rail-20130220)
Yesterday's news came as Malaysia is gearing up for a general election that must take place by the middle of the year. Asked how the upcoming polls might affect joint projects, Mr Najib said these were "long-term plans" that require "continuity and stability". "It's quite obvious what I mean," he said with a smile.
Mr Lee added with a laugh: "We would like continuity and stability too."


Read liao, also want to laugh :DI read already also laugh. We all want continuity. except for some losers in life who dont want it and want to drag us all in.

DMCK
20-02-13, 10:09
where will be the rail station located?

august
20-02-13, 12:01
I read already also laugh. We all want continuity. except for some losers in life who dont want it and want to drag us all in.

Losers who prevail at the ballot box will become winners, and bring forth new stability. The losers can continue to either face reality or consign themselves to their out-of-favor 'stability' and 'continuity', LOL.

Shanhz
20-02-13, 12:13
let's keep the discussion to rails and confine the politics to the right threads.

reporter2
20-02-13, 13:11
http://www.businesstimes.com.sg/premium/top-stories/game-changer-90-minute-rail-link-kl-20130220

Published February 20, 2013

Game-changer: a 90-minute rail link to KL

It should be up by 2020 and transform ties between S'pore and KL; many other projects also announced

By Lee U-wen


[SINGAPORE] A new high-speed rail link between Kuala Lumpur and Singapore is in the works, with passengers needing just 90 minutes to get from one city to the other once the system is up and running by 2020.

The prime ministers of Singapore and Malaysia described this ambitious project as a "game changer" for both sides as they wrapped up their annual leaders' retreat here yesterday.

"It's a strategic project for the two countries. It will change the way we see each other," said Prime Minister Lee Hsien Loong, likening the project to the Eurostar link between London and Paris that transformed "two European cities into one virtual urban community".

"It's going to transform the way people interact, the intensity of our cooperation and the degree to which we become inter-dependent on each other and therefore have stakes in each other's success," he said at a joint news conference with Malaysian Prime Minister Najib Razak at the Shangri-La Hotel.

Mr Lee shared that it was Mr Najib who first mooted the idea when the two leaders met at an overseas meeting a few months ago. Mr Lee felt it was a "good idea in principle" and that it was something that both sides would benefit greatly from.

Mr Najib added that the high speed rail link would be a private-public one, with private companies running the project with government infrastructure support. He declined to reveal how much the project was expected to cost, saying it was still too early to do so.

"We will draw from each other's experience. Singapore has many years of experience running its MRT. We can look at models in other countries like UK-France, Madrid-Barcelona and cities in China that are connected by high speed rail," said Mr Najib.

Mr Lee said that, in line with the ongoing call for greater connectivity between Asean member states, a high-speed train plying the route from Singapore to the Malaysian capital and back was a sensible move. "The populations are there, the economic vitality is there, the spending power is there, the rationale is good."

Apart from the planned fast trains, the two leaders also noted that the Iskandar Malaysia Joint Ministerial Committee was studying ways to tackle traffic and congestion issues on the Causeway, as well as the feasibility of a third road link between Singapore and Malaysia that could be built over the longer term.

Commuters can also soon make use of a "water taxi" service between Puteri Harbour in Iskandar and Singapore, with the new Customs, Immigration and Quarantine facility in Puteri Harbour due to start operations later this year.

The leaders' retreat, the fourth such annual get-together between Mr Lee and Mr Najib so far, also saw the two heads of government take stock of their countries' bilateral relationship.

They agreed that making "steady progress" was the best way forward, with Mr Lee saying that it was better to have a consistent pace that could be maintained over a long period of time.

They also reviewed the progress of several iconic joint projects being built in both Singapore and across the border in Iskandar Malaysia.

After their retreat, they visited the site of the $7 billion Marina One mixed-use development in the heart of Singapore's new financial district in Marina Bay. Later in the day, they headed over to Iskandar's Medini region to view the sites of two upcoming wellness projects.

This leaders' retreat is the last for Mr Najib in his current term of office, with Malaysia gearing up for general elections in the coming weeks.

Mr Najib's ruling coalition won the 2008 vote by its narrowest margin in more than 50 years and the 59-year-old is expected to face another tough fight at the polls this time round.

Mr Najib described the many joint projects between Singapore and Malaysia as "long-term" ones that require "continuity and stability" to execute.

"It's quite obvious what I mean," he said to much laughter from the audience that included many Cabinet ministers from both countries. To which Mr Lee added with a laugh: "We would like continuity and stability too."

rymccondo77
20-02-13, 13:18
take 30mins to melaka to makan chendol, dodol and chicken rice, quite shiok leh ;)

that's if we don't mind forking out the money for the ticket


Will go there to eat my favourite crab dish - Crab in Carnation Milk :D

reporter2
20-02-13, 13:19
http://www.straitstimes.com/premium/top-the-news/story/spore-kl-90-minutes-rail-20130220

S'pore to KL in 90 minutes by rail

PM Lee and Najib reach 'game-changing' deal for high-speed rail link by 2020

Published on Feb 20, 2013

By Robin Chan, Political Correspondent


SINGAPORE and Malaysia have agreed to have a high-speed rail link that will slash travel time between Kuala Lumpur and Singapore to just 90 minutes by 2020, a project leaders of both countries called a "game changer".

The journey between the two cities today takes on average eight hours by train, five hours by bus, four hours by car or 40 minutes by air.

The agreement for what is set to be the biggest infrastructure project by the two countries was unveiled yesterday morning at a press conference after Prime Minister Lee Hsien Loong and his Malaysian counterpart Najib Razak sat down for talks at the start of a Leaders' Retreat.

Said Mr Lee: "It will transform the way people interact, the intensity of our cooperation and the degree to which we become interdependent on one another and therefore have stakes in each other's success."

Datuk Seri Najib said "this is huge, this is big, this is a real game changer".

Few details are available as the project is very much in its infancy. For instance, it is not known where the two end-point stations may be sited, though Tuas is touted as an option here.

Mr Najib declined to give an estimate on how much the project would cost, but said an initial study had given "encouraging numbers" for it as a business model. The project will be built by private contractors with government infrastructural support, he said.

Mr Lee described his busy day with Mr Najib in comments he posted on Facebook last night. "Held a successful retreat with PM Najib Razak today. Singapore-Malaysia ties are excellent, and we both agreed to strengthen our partnership and cooperation further," he said.

Noting the three stops they made yesterday at major joint developments in Singapore and Johor, he said: "These projects reflect the trust and goodwill between our countries."

Observers said yesterday's announcement showed how bilateral relations have strengthened since 2010, when the two countries resolved a 20-year dispute over Malayan Railway land.

The two prime ministers' first stop was at Marina Bay, where they unveiled the design for the $7 billion Marina One development comprising homes, shops and office space in four towers, designed with environmentally friendly features.

Marina One and the $4 billion Duo, a mixed-use development in the Ophir-Rochor area, are the result of the 2010 land swop agreement.

From Marina Bay, the two leaders headed across the border to Medini, a region in Johor's Iskandar development region. There, they broke ground on another joint venture, a 2ha urban wellness project, Afiniti.

The final stop of the day was Danga Bay, also part of the Iskandar region, where they witnessed the signing of a deal between CapitaLand, Temasek Holdings and Iskandar Waterfront Holdings to build a $3.2 billion township on a man-made island in Johor. Iskandar Waterfront is a developer set up by the Johor government.

Mega-projects aside, the two leaders also agreed to intensify existing cooperation in a host of other areas. They welcomed an initiative to study ways to address traffic and congestion issues on the Causeway, and the feasibility of a third road link between the two countries in the longer term.

There was also a discussion on the proposed Rapid Transit System linking Johor Baru with Singapore, although no decision has been made over whether it will be built above ground or underground.

Yesterday's news came as Malaysia is gearing up for a general election that must take place by the middle of the year. Asked how the upcoming polls might affect joint projects, Mr Najib said these were "long-term plans" that require "continuity and stability". "It's quite obvious what I mean," he said with a smile.

Mr Lee added with a laugh: "We would like continuity and stability too."

[email protected]

latour
20-02-13, 22:49
where will be the rail station located?

Which part of Iskanda in JB?

phantom_opera
20-02-13, 23:07
Malaysian GDP rose 5.6 percent for full-year 2012, exceeding an earlier government forecast of 5.0 percent.

Kanarazu
21-02-13, 06:10
Where do you think the Singapore station(s) will be? TSL at Woodlands or will the green corridor be used to extend the line into down town area?

leesg123
21-02-13, 06:28
Where do you think the Singapore station(s) will be? TSL at Woodlands or will the green corridor be used to extend the line into down town area?
Got speculation it will be at tuas(2nd link). Perhaps an integral part of jurong lake district plan? So an airport at the east, a hsr station at the west.

Pro888
21-02-13, 08:44
Mostly above ground. So underground part will be from Spore to some stops in JB. Most likely will start from TSL woodlands north so that west & east can have easy access. :D

DC33_2008
21-02-13, 09:23
Looking at the HSR stops, they are all located on the western part of Malaysia. To ease the congestion at JB, it may not be impossible to use the 2nd link.

http://i332.photobucket.com/albums/m356/DC33_2008/KL-Singapore_High_Speed_Railway_Info_zpsa37440d5.jpg


Got speculation it will be at tuas(2nd link). Perhaps an integral part of jurong lake district plan? So an airport at the east, a hsr station at the west.

phantom_opera
21-02-13, 09:49
RM30b budget for high-speed rail project
SHAREN KAUR Published: 2013/02/21

KUALA LUMPUR: The government is budgeting around RM30 billion for the high-speed rail (HSR) project linking Kuala Lumpur and Singapore, according to people familiar with the matter.

This confirms a Business Times report last year that said the HSR project may cost between RM25 billion and RM30 billion to develop.

It is also learnt that the HSR project will involve a new alignment covering 350km.

The alignment will be starting from Kuala Lumpur and pass through Seremban, Malacca, Pagoh, Batu Pahat and the Iskandar Malaysia region before ending at the Tuas checkpoint in Johor Baru.

Sources said 60 per cent of the projected cost will go towards infrastructure development, which includes civil works and laying of tracks, while about 30 per cent will go towards the purchase of rolling stocks.

It is unclear if the RM30 billion allocation will also involve the crossover to Singapore.

Malaysia and Singapore are mulling whether to build an overhead crossing between the two countries or opt for the costlier underwater tunnel, sources said.

"The HSR project is important for Malaysia as the same alignment can carry freight during off-peak hours. This will benefit KTM Bhd (the national railway company), which is facing depleting cargo volume and revenue," a source said.

Malaysia and Singapore on Tuesday agreed to build the HSR link between the two countries, with a target completion of 2020.

The decision was made after a Land Public Transport Commission feasibility study found that the project is viable.

The rail link will cut travel time between Kuala Lumpur and Singapore to 90 minutes, which at the moment can take up to eight hours by train, around five hours by bus and car, and 45 minutes by plane.

The source said the fare is being discussed, although the government is considering between RM350 and RM400 for a one-way trip.

"The public is only willing to pay around RM250 to RM300 per journey. But it won't be feasible to peg it at that range due to the project's massive investment cost," the source said.

"The HSR is for the public and it will provide added convenience and safety as well as save travel time and money," the source added.

The HSR link will also complement another rail project - the Rapid Transit System Link - that will link Johor Baru and Singapore's Thomson Line, which is expected to be ready by 2019.

eng81157
21-02-13, 10:01
Got speculation it will be at tuas(2nd link). Perhaps an integral part of jurong lake district plan? So an airport at the east, a hsr station at the west.

unlikely in the west. the new plans should be able to integrate or work in parallel with existing railway system, or else it's gonna be real costly to re-develop transport networks, communication/power nodes, amenities, etc.

on the flip side, there would be immense opportunities for corruption and huat via underhanded means

phantom_opera
21-02-13, 10:09
unlikely in the west. the new plans should be able to integrate or work in parallel with existing railway system, or else it's gonna be real costly to re-develop transport networks, communication/power nodes, amenities, etc.

on the flip side, there would be immense opportunities for corruption and huat via underhanded means

aiyo .. already confirmed at Tuas 2nd link lah

The alignment will be starting from Kuala Lumpur and pass through Seremban, Malacca, Pagoh, Batu Pahat and the Iskandar Malaysia region before ending at the Tuas checkpoint in Johor Baru.

eng81157
21-02-13, 10:14
aiyo .. already confirmed at Tuas 2nd link lah

The alignment will be starting from Kuala Lumpur and pass through Seremban, Malacca, Pagoh, Batu Pahat and the Iskandar Malaysia region before ending at the Tuas checkpoint in Johor Baru.

oops, paiseh didn't read the report. this is gonna be port klang multiplied by 10 times....

can see the piranhas circling liao

DC33_2008
21-02-13, 10:22
Why not? JB is really congested and more land acquisition will be needed if it is on JB site and the site constraint will delay the completion of the HSR project. There is vast amount of land in the west and furthermore most of the stops are on the western part of malaysia. No one knows until it is annouced.
unlikely in the west. the new plans should be able to integrate or work in parallel with existing railway system, or else it's gonna be real costly to re-develop transport networks, communication/power nodes, amenities, etc.

on the flip side, there would be immense opportunities for corruption and huat via underhanded means

phantom_opera
21-02-13, 10:32
the really huats ones are lands around the western part of Malaysia ... Batu Pahat, Muar ... property price / land price will X 3 overnight

attached is my "guesstimate" route from Batu Pahat to Tuas, later they could open a station btn Pontian / Pekan Nenas

phantom_opera
21-02-13, 10:38
If Tuas is the terminal station ... it is going to be massive

Photos of St Pancras station for Eurostar

https://www.google.com.sg/search?hl=zh-CN&q=eurostar+st+pancras+station+photo&oq=eurostar+st+pancras+station+photo&gs_l=serp.3...944.1666.0.1842.6.6.0.0.0.0.70.303.6.6.0...0.0...1c.1.4.serp.0UxMRZaeN5U

Lovelle
21-02-13, 10:44
i don't why land in Malaysia will increase when Sinki are merely travel there for a short stay like go fishing and snorkeling or eating their best food such as chendol and rojak or chicken rice ball.

perhaps we should assess if Sg prop will go up or down. More biz coming to Sg and fro Malaysia. Malaysia has plenty of land...

p3nboy
21-02-13, 10:46
the terminal station should be at MBS or Sentosa, this is to ease cash in/out fast.:D

DC33_2008
21-02-13, 10:51
This is nearer to medini wellness hub and Peter Lim race course site. No wonder they have even a ferry service from Tuas or Harbourfront to Puteri Harbour.
If Tuas is the terminal station ... it is going to be massive

Photos of St Pancras station for Eurostar

https://www.google.com.sg/search?hl=zh-CN&q=eurostar+st+pancras+station+photo&oq=eurostar+st+pancras+station+photo&gs_l=serp.3...944.1666.0.1842.6.6.0.0.0.0.70.303.6.6.0...0.0...1c.1.4.serp.0UxMRZaeN5U

phantom_opera
21-02-13, 10:54
i don't why land in Malaysia will increase when Sinki are merely travel there for a short stay like go fishing and snorkeling or eating their best food such as chendol and rojak or chicken rice ball.

perhaps we should assess if Sg prop will go up or down. More biz coming to Sg and fro Malaysia. Malaysia has plenty of land...

Think about cost of toursim (tourists can stay at hotels at Malacca), make day trips to KL / Singapore using rail pass

Think about schooling ... angmohs here can send children for international school in Nusajaya via high speed rail, school bus pick up at HSR station at Malaysia

Think about weekend homes or retirement homes at Batu Pahat ... property price there is 1/20 of Jurong (and mind u there is not much crime there like JB)

Think about Paris - London Eurostar which takes 2.5h (UK even invested in High Speed 1 to upgrade the speed at UK side) ..

Lovelle
21-02-13, 10:59
Think about cost of toursim (tourists can stay at hotels at Malacca), make day trips to KL / Singapore using rail pass

Think about schooling ... angmohs here can send children for international school in Nusajaya via high speed rail, school bus pick up at HSR station at Malaysia

Think about weekend homes at Batu Pahat ... property price there is 1/20 of Jurong


Today, angmo is already driving in and out of Tuas link to send their kids to international school. I don't think angmo will freely let their children to take the rail by their own due to security. so angmo would still stay at Sg somewhere near to Tuas checkpoint at Jurong area or Woodlands area.

Malacca props have been somewhat higher already then many parts of Malaysia because many Sg droves there for food and holiday. With rail , it only allow the mass to go there for holidays hence hotel and businesses will be good.

phantom_opera
21-02-13, 11:11
I wonder how much would it cost for ferry service ... Tuas to Puteri Harbour for SGD10?? If MRT reaches the Tuas ferry terminal then make sense.

from the map East Ledang & Medini will be very close to the future HSR interchange ... then it will be linked up by JB intracity rail

Now u start to see why Medini is 99LH lol ... I think in the future JB central nobody goes liao :scared-3:

http://www.singaporeproplaunch.com/wp-content/uploads/2012/10/Puteri-Harbour-location-map1.jpg

Kanarazu
21-02-13, 11:14
Thanks to all for clarifying where the 坡坡 line will terminate.

phantom_opera
21-02-13, 11:17
http://www.sla.gov.sg/Images/common/new/1201_1.jpg

so by 2016 we have MRT all the way to Tuas Link and therefore Raffles Marina will be the ferry terminal??

eng81157
21-02-13, 11:25
Why not? JB is really congested and more land acquisition will be needed if it is on JB site and the site constraint will delay the completion of the HSR project. There is vast amount of land in the west and furthermore most of the stops are on the western part of malaysia. No one knows until it is annouced.

well, i merely stated that the HSR should be able to intergrate or work in parallel with existing infrastructure, for obvious reasons.

eng81157
21-02-13, 11:28
the really huats ones are lands around the western part of Malaysia ... Batu Pahat, Muar ... property price / land price will X 3 overnight

attached is my "guesstimate" route from Batu Pahat to Tuas, later they could open a station btn Pontian / Pekan Nenas

the developers and politicians, who have hands in the cookie jars, are going to huat. i bet even before the plan was announced and even as we speak now, someone or some corporation has already gone a buying spree

eng81157
21-02-13, 11:31
sidetracking, the idea isn't that all attractive to me, an easterner, since i need to spend 75-90mins (via MRT) getting to tuas before hopping onto the HSR.

if i'm going to KL, might as well take a plane

roly8
21-02-13, 11:32
the HSR is connected to the tuas side?
not via woodland?

p3nboy
21-02-13, 11:34
sidetracking, the idea isn't that all attractive to me, an easterner, since i need to spend 75-90mins (via MRT) getting to tuas before hopping onto the HSR.

if i'm going to KL, might as well take a plane

LIKE!

In Malaysia, you MUST have a car.

roly8
21-02-13, 11:35
LIKE!

In Malaysia, you MUST have a car.

i agree..
i notice good food are hidden in some places ...still need car to drive around :(

phantom_opera
21-02-13, 13:11
i agree..
i notice good food are hidden in some places ...still need car to drive around :(

a Malaysian car is cheap ... just buy one at Malacca and park at Hatten ;)

leesg123
21-02-13, 13:51
sidetracking, the idea isn't that all attractive to me, an easterner, since i need to spend 75-90mins (via MRT) getting to tuas before hopping onto the HSR.

if i'm going to KL, might as well take a planeI agree with you. Tuas is too far to travel to. If the KL hsr terminal is at the airport, then also no point already. As travel by air is 30mins, plus 1hr checkin, also 90mins total.

Pro888
21-02-13, 21:48
Tuas :doh: :doh: :doh:

Shanhz
21-02-13, 21:54
Tuas :doh: :doh: :doh:

makes sense in tuas. so you can access m'sia from all parts of the island. if 90 min can get you there, what is driving another 30 min from your house in the east (let's say) to tuas then hop onto train? tink aeroplane if include all the time wasted, also 4 hrs or so to get to KLCC.

phantom_opera
21-02-13, 21:54
the design of high speed rail alignment must benefit Iskandar and the BN connected friends along the alignment ....

(布城讯)马来西亚交通部长江作汉披露,吉隆坡直通新加坡高速快铁初步规划沿途将有5个停站,即森州的芙蓉、甲州爱极乐、柔州的麻坡、峇株巴辖,以及依斯干达特区。

他说,有关高铁不会进入上述州属的城市区,会建在郊区一带;因此政府预期这项高铁计划,能带动铁路停站一带的经济,带来很大的经济效益。

江作汉昨日为部门主持新春佳节聚餐会后,针对首相纳吉宣佈的隆新高铁计划,透露更多详情。

=> all the BN connections who know where the exact location of the stations already buying up all the lands around the stations (which is of course not in city center ... ) ... :scared-3:

ralfale
17-03-13, 21:35
I'm keen in looking at investing in KL. Can seniors here give me some valuable advice what to look out for? What hidden costs? ease of rental? Taxes etc.

Regulators
17-03-13, 21:38
I am also shopping around, go for klcc, mk, dh or bangsar. also depends what kind of investment you want, rental or cap gain
I'm keen in looking at investing in KL. Can seniors here give me some valuable advice what to look out for? What hidden costs? ease of rental? Taxes etc.

ralfale
17-03-13, 22:08
Aiming for klcc, bukit bintang area. Is there a differences in criteria if im looking for rental vs capital gain?

What's mk, dh ?

ralfale
17-03-13, 22:24
Another question .. will it be cheaper to buy direct from KL agents rather than though marketed through SG agents? It seems so if i compare the prices.

leesg123
17-03-13, 22:37
Aiming for klcc, bukit bintang area. Is there a differences in criteria if im looking for rental vs capital gain?

What's mk, dh ?
Mk= mont kiara
Dh= Damansara Heights

leesg123
17-03-13, 22:39
Another question .. will it be cheaper to buy direct from KL agents rather than though marketed through SG agents? It seems so if i compare the prices.
Buying here is marked up by alot. The easiest way tobgauge the reflective price is iproperty.com.my

leesg123
17-03-13, 22:42
I'm keen in looking at investing in KL. Can seniors here give me some valuable advice what to look out for? What hidden costs? ease of rental? Taxes etc.
Non-residents, foreigners will be subjected to the maximum tax rate of 26% for the rental income. Of course if there is mortgage, can less the interest, and other related expenses.

Make sure you stick with a reliable agent, agency and legal firm. As u dont want them to run off with your money. If the seller is foreigner too, the legal completion could be longer too.

ralfale
17-03-13, 23:21
Non-residents, foreigners will be subjected to the maximum tax rate of 26% for the rental income. Of course if there is mortgage, can less the interest, and other related expenses.

Make sure you stick with a reliable agent, agency and legal firm. As u dont want them to run off with your money. If the seller is foreigner too, the legal completion could be longer too.

Thanks dude .. :)
So far i have gathered the following fees required. Am i missing anything?

1) 26% tax for the rental income
2) Quit rent tax (or town council tax) - 560 myr / 100m2
3) Estimated maintenance fees - 35 cents myr / psf
4) Sinking fund - 10% of maintenance fees
5) Accessment tax (or property tax) - 6% of annual rental value
6) Capital gain tax - 1-2yr 10%, 3-5yr 5%

The 26% rental tax seems a lot to stomach! Is there still left to earn after such huge tax :banghead:

I do not really get what do you mean by "Of course if there is mortgage, can less the interest, and other related expenses." Can you help to elaborate?

Edit: I found a link which seem to provide the necessary information. Please add if anything is missing. :D
http://www.globalpropertyguide.com/Asia/malaysia/Taxes-and-Costs

ralfale
17-03-13, 23:33
Is there also a 10% withholding tax? :doh:
I saw this from the link i've posted above.

leesg123
18-03-13, 01:17
Thanks dude .. :)
So far i have gathered the following fees required. Am i missing anything?

1) 26% tax for the rental income
2) Quit rent tax (or town council tax) - 560 myr / 100m2
3) Estimated maintenance fees - 35 cents myr / psf
4) Sinking fund - 10% of maintenance fees
5) Accessment tax (or property tax) - 6% of annual rental value
6) Capital gain tax - 1-2yr 10%, 3-5yr 5%

The 26% rental tax seems a lot to stomach! Is there still left to earn after such huge tax :banghead:

I do not really get what do you mean by "Of course if there is mortgage, can less the interest, and other related expenses." Can you help to elaborate?

Edit: I found a link which seem to provide the necessary information. Please add if anything is missing. :D
http://www.globalpropertyguide.com/Asia/malaysia/Taxes-and-Costs
Rental income less mortgage interest & other expenses = net rental income that will be tax at26%

eng81157
18-03-13, 09:53
please wait for the elections to be over before jumping into the boat. you never know if the current captain of the ship is going to be ordered to walk the plank in 2 months time.

ralfale
18-03-13, 11:33
Tks for the advices. I also read some posted that getting tenants to rent your condo in kl is tough! Anyway else encountering this?

Regulators
18-03-13, 12:30
the tricky part is finding the property with above 6% yield as we need to cover the 26% rental tax. the nett should be at least 4%+ to make the investment worthwhile. a lot of agents I spoke to are encouraging me to buy units 9xxk rm and above saying the yield for these condos are good, but can you imagine the kind of asking rental at 6% if you buy a million rm property. I heard that if the monthly rental is between 3-4k rm, it is a lot easier to rent compared to one that is 5k n above which can see your unit hanging in the market longer. Singaporeans can easily afford million ringgit condos, but the issue is not being being able to afford to buy, but how long it takes for the unit to be leased. another issue is the bigger the condo, the higher the renovation n furnishing cost, so one must buy the right size at the right price with the right yield.

ralfale
19-03-13, 13:53
Anyone can tell me how much is the cost of getting a agent there to rent out my unit and take care of it?

ralfale
19-03-13, 15:19
http://www.globalpropertyguide.com/Asia/malaysia/Price-History

Extract

Yields have been falling

Rental yields in KL have moderated, and ranged from 4.75% to 6.27% in October 2011. They have slightly fallen from the 5.5% to 8.7% range recorded in October 2009, according to the Global Property Research (http://www.globalpropertyguide.com/Asia/Malaysia/Rental-Yields). Bungalows have relatively lower yields, ranging from 2.6% to 3.32%.
Kuala Lumpur’s average rent on high-end residential areas was down by 1.4% y-o-y and 1.0% q-o-q to RM 3.40psf (US$ 1.07) per month in Q1 2012.
KLCC had the highest rents at an average of RM 3.91psf (US$ 1.23) per month, followed by Bangsar (RM 3.26psf per month) and Mont’Kiara (RM 3.03psf per month), according to CB Richard Ellis (CBRE-Malaysia).
The government’s Economic Transformation Programme (ETP) has helped to increase the demand for luxury condominiums in Klang Valley, which caters mainly to foreigners, according to C.H. Williams Talhar & Wong (http://www.wtw.com.my/).
However, incoming supplies of high-end condominiums, with half of new completions located in the KLCC area, are is likely to further downward pressure rents, even through the newer launches may be priced higher than the existing ones.

:scared-5: :scared-5:

Sandiwara
22-09-13, 00:14
https://www.google.com.sg/search?q=bullet+train+malaysia&ie=utf-8&oe=utf-8&rls=org.mozilla:en-US:official&client=firefox-a&gws_rd=cr&ei=yMQ9Ura6C8bmrAfkt4CgAg