ZADC
LRT 3 is on, but at lowered cost
FOLLOWING A COMPREHENSIVE REVIEW, THE LIGHT RAIL TRANSIT PROJECT WILL LIKELY BE BACK ON TRACK BY NOVEMBER Here’s the good news for commuters: the Light Rail Transit 3 (LRT3) project will probably be back on the cards by November. The bad news, however, is this decision comes after contractors... Read more
Ireka explores autonomous rail transit with China firms
Public-listed developer Ireka Corp Bhd looks set to diversify its business interest with a recent tie-up with two China-based logistics and transportation companies. In a memorandum of understanding (MoU) signed this week, Ireka has formed an agreement with Beijing-based CRRC Urban Traffic Co Ltd (CRCC) and Shentong Express Co... Read more
ECRL boon for IJM Corp, MRCB and Gamuda
CHINESE COMPANIES WON’T BE SOLE BENEFICIARIES OF RAIL PROJECT, SAYS PM CIMB Equities Research (CIMB Research) anticipates that Gamuda, IJM Corp and MRCB could emerge big winners from the upcoming East Coast Rail Link (ECRL) project. Also standing to gain, it says, are WCT Muhibbah Engineering and Lafarge, which... Read more
West Kowloon Terminus takes shape after years of delay
TERMINUS TO FUNCTION MORE LIKE AN INTERNATIONAL AIRPORT THAN A RAIL STATION BY Zoe Phoon The 380,000sq m multi-storey high speed rail (HSR) terminus station looks awe-inspiring and it will probably be the world’s largest below ground terminus. It’s designed by Andrew Bromberg at Aedas, a leading global architecture... Read more
Japan pushing hard to land HSR project
Japan is reportedly pulling out all the stops to land the lucrative Kuala Lumpur-Singapore High Speed Rail (HSR) deal, and is now using diplomatic muscle to ensure it has a seat at the table. According to the Nikkei Asian Review, the recent lapse in the Bandar Malaysia deal involving... Read more
Jurong Lake District: S’pore’s 2nd CBD, linked to KL
BY Zoe Phoon The Jurong Lake District (JLD) area in the island republic will be given a striking identity as the second CBD and as one of the places to be connected to Malaysian capital Kuala Lumpur as a result of the future high speed rail (HSR) system. The... Read more
Can HSR put the market back on track?
BY Chris Prasad A slight buzz has crept back into the lacklustre property market since Prime Minister Najib Razak and his Singapore counterpart Lee Hsien Loong signed the historic agreement to proceed with the KL-Singapore High-Speed Rail project on Dec 13. More than a huge step in bilateral ties, it... Read more
It’s on: HSR deal a boon for  real estate
BY Aalia Mokhtar Malaysia and Singapore signed the agreement on the Kuala Lumpur-Singapore High-Speed Rail (HSR) this week. The rail link, when completed, is expected to reduce the travel time of about five hours on road between the Malaysian capital and the Lion City to only 90 minutes. Prime... Read more
Plantations to benefit from high-speed rail
The Kuala Lumpur-Singapore High Speed Rail (HSR) could have far-reaching impact that will not only benefit existing and future properties along its route. According to CIMB Research, the upcoming rail link that will offer a direct link between the Malaysian capital and the Island Republic could potentially boost the... Read more