I don't think it is wise to invest in residential property beside HSR also. Who take HSR to work everyday?

In countries e.g Japan, China, Italy, Germany, etc that have hsr for many years, it is not known residential near hsr station is more desirable or value higher.

Near to MRT, yes. All countries can see the same effect.

Near to HSR, hmmm...

Bandar malaysia got HSR and also bandar malaysia north and south mrt

"No one is expecting our city to prosper just because we get a new line," said a worker at a grocery store near a train station in Chaoyang, in the northeastern province of Liaoning. Opened in 2018, the station sits in a sleepy area with low passenger traffic and almost no nearby retail shops or hotels. Yet it will host additional service come July.

Chaoyang is a struggling place even for Liaoning, a province suffering from a particularly deep economic slump. Building a new station, and adding new service, in a region without much in the way of industry, only goes to show the lack of profitability-focused planning by a China State Railway that has added track at an annual clip of 10% to 20% in recent years. The network reached about 35,000 km in late 2019.
...
Except for service in such major cities as Shanghai, many of China State Railway's high-speed lines are bleeding red ink, with finances particularly weak in such economically struggling regions as Liaoning, China's northernmost province of Heilongjiang, and Inner Mongolia. Among its 18 operating units across the country, 11 posted net losses for the first half of 2019.
...
"Local government officials want to achieve economic growth through railway construction during their terms with no regard for how to repay debt," said Zhao Jian, a professor in the School of Economics and Management at rail-focused Beijing Jiaotong University.

"Repaying is impossible at this point," Zhao said.

https://asia.nikkei.com/

This post has been edited by icemanfx: Jun 16 2020, 01:01 PM

Muhyiddin: Govt to continue mega projects that don't require more funds
https://www.thestar.com.my/business/busines...p3_jfiRgTLYbhxw

SG is sinking & easier to migrate in the future.

They want to flood KL with population. Once SG bought those house, leave it just empty for ghost to stay.

You are actually right, we wont be using it as frequently as we do with MRT/LRT.

But can see this as an additional value. IF the price is not much different from the non-HSR area then its a good buy. Else, it may be overvalued. My friend in china says the high-speed train there cost as much as the flight, but they are more prefer to use train due to closer to inner-city (no need travel far to the airport), and no issues with delay (unlike our firefly or malindo)

SINGAPORE: The Kuala Lumpur-Singapore High-Speed Rail (HSR) project will be discontinued after the HSR agreement lapsed on Dec 31, 2020, the Prime Ministers of both countries said in a joint statement on Friday morning (Jan 1).

Both Singapore and Malaysia will now proceed with the "necessary actions".

In the statement, Singapore's Prime Minister Lee Hsien Loong and Malaysian Prime Minister Muhyiddin Yassin said: "The Government of Malaysia and the Government of Singapore wish to provide an update on the Kuala Lumpur-Singapore HSR Project in view of the expiry of the suspension period of the HSR Project on Dec 31, 2020.

"In light of the impact of COVID-19 pandemic on the Malaysian economy, the Government of Malaysia had proposed several changes to the HSR Project. Both Governments had conducted several discussions with regard to these changes and had not been able to reach an agreement. Therefore, the HSR Agreement had lapsed on Dec 31, 2020," the leaders said.

"Both countries will abide by their respective obligations, and will now proceed with the necessary actions, resulting from this termination of the HSR Agreement.

"Both countries remain committed to maintain good bilateral relations, and cooperate closely in various fields, including strengthening the connectivity between the two countries."

Source : CNA

No KL Singapore HSR..

Those invest heavy on those future HSR station areas, can eat grass/sand now 🤭

Is it fully terminated or only the SG station?

Another typical miss the forest for the tree.

almost for certain by 2020, vietnam will over take the kang kong land in economy and development.


This post has been edited by icemanfx: Jan 1 2021, 11:26 AM

Big ouch. Especially when some developments are way above premium.

Peninsular Malaysia is ideal for a High Speed railway, a very big mistake not to do it.

Certainly I talk about the South-North-Corridor, not the ridiculous East Coast Rail Link.

Which projects are greatly impacted? JB, Bandar Malaysia?!

whole project, from my understanding... not just Singapore portion....

they targeting MRT 3 & ECRL for now

well developer already got hint for it... from what I heard...
so before it's official... push HSR "feel good first"... actually when PH in power.. project is scraped... but somehow managed to delay it... then PN comes.. keep delay too... until cannot anymore.... Singapore is pressuring... what Malaysia is doing... keep playing around......

Better to terminate the whole project if no SG station.

Razak? And sg besi project?