07-04-2014, 01:55 PM
SINGAPORE has picked three possible areas for the Singapore-Kuala Lumpur high-speed rail terminal that's expected to roll out in 2020: Tuas West; Jurong East; and the city.
This was disclosed after Prime Minister Lee Hsien Loong wrapped up the annual retreat meeting between the Singapore and Malaysian leaders this morning. Malaysian Prime Minister Najib Razak said Malaysia has already decided to build the terminal on KL's end at Sungei Besi, which is currently occupied by an air base.
The high-speed rail (HSR) project is projected to have seven stations - two terminus stations (KL and Singapore) and five transit stops (one each in Negri Sembilan and Malacca and three in Johor).
The project, targeted to be completed by 2020, is reported to cost about RM 40 billion (S$15.6 billion) and expected to cut land-travelling time between the two countries to just 90 minutes.
http://www.businesstimes.com.sg/breaking...e-20140407
Will property prices in JE rise even further if the terminal is at JE?? From what I am seeing, prices around the area are already pretty high.
This was disclosed after Prime Minister Lee Hsien Loong wrapped up the annual retreat meeting between the Singapore and Malaysian leaders this morning. Malaysian Prime Minister Najib Razak said Malaysia has already decided to build the terminal on KL's end at Sungei Besi, which is currently occupied by an air base.
The high-speed rail (HSR) project is projected to have seven stations - two terminus stations (KL and Singapore) and five transit stops (one each in Negri Sembilan and Malacca and three in Johor).
The project, targeted to be completed by 2020, is reported to cost about RM 40 billion (S$15.6 billion) and expected to cut land-travelling time between the two countries to just 90 minutes.
http://www.businesstimes.com.sg/breaking...e-20140407
Will property prices in JE rise even further if the terminal is at JE?? From what I am seeing, prices around the area are already pretty high.