The 2 points was what I meant all e while, bro, been seen real cases and then noticed these since many years ago

This post has been edited by ecin: Aug 16 2013, 04:42 PM

Don know this can happen or not...

The certain areas refer to zone A and areas just outside it. These places will come under upward price pressure once RTS details are announced probably early next year. They are now experiencing high price growth starting from this year.

The problem is when some developers price their new launches at $1000 psf, other developers and property owners will also increase in tandem. Once the owners (last group) raise their prices and a few resales are logged, they form the price floor for subsequent properties. In the absence of any cooling measure, prices will continue to escalate.

HSR, Rapid likely to be delayed: Analyst
Posted on 30 August 2013 - 05:39am
Eva Yeong
sunbiz@thesundaily.com
sunbiz@thesundaily.com
Print

Jala at the ETP mid-year briefing yesterday
KUALA LUMPUR (Aug 30, 2013): The government, which has announced that it will review and sequence its planned public sector projects to avoid straining the budget, is likely to reschedule the high-speed rail (HSR) link between Malaysia and Singapore and the Refinery and Petrochemical Integrated Development (Rapid) project in Pengerang, Johor, said an analyst.

"The second and third lines of the mass rapid transit (MRT) are likely to proceed because most of the tunnel boring machines, which are big import cost items, have already been brought in. However, the HSR and Rapid projects remain a big question mark," Etiqa Insurance & Takaful head of research Chris Eng told SunBiz yesterday.

"We also don't need the HSR link as much as we need the MRT," he said, adding that the high cost of the MRT project is an indicator that it will continue as planned.

Petroliam Nasional Bhd had also announced last month that the Rapid refinery will be ready for start-up in the fourth quarter of 2017. The project has been delayed twice, from late 2016 to early 2017, and now to end 2017.

Eng said the government's main concerns are that contingent liabilities may rise and of the country's shrinking current account surplus.

Earlier, at the Economic Transformation Programme (ETP) mid-year briefing, Finance Ministry secretary-general to the Treasury, Tan Sri Dr Mohd Irwan Serigar Abdullah, said the government will sequence large public projects to address the current account balance, which has shrunk to almost RM2.6 billion in the second quarter of this year.

"Of course, the MRT project is not involved, it will go on. We are still analysing the projects that will be sequenced and a statement will be made by the prime minister. The fiscal policy committee (FPC) will meet again on Monday," said Irwan yesterday.

He said the government is identifying projects with low multiplier effects and high import content to be sequenced, not stopped completely, while projects with high multiplier effects and low import content will go on.

"These are all projects with heavy public sector involvement. Private sector projects will go ahead…it won't disrupt economic growth and we don't want to shock the economy," he added.

Irwan said the sequencing of some projects will not delay the government in achieving its target of becoming a high income nation by 2020 because projects with high multiplier effects will continue to be implemented.

He said with the various measures combined, including the introduction of the goods and services tax, subsidy rationalisation and other programmes to boost the economy, it could possibly achieve developed nation status earlier by 2018.

Performance Management and Delivery Unit (Pemandu) CEO Datuk Seri Idris Jala (pix) said the key to avoid a knee-jerk reaction towards the sequencing of large public projects is monitoring the situation, which is being done by the central bank.

"Bank Negara Malaysia (BNM) is monitoring the situation, they are looking at the issue with regards to the devaluation of the currency," he said.

He said the sequencing of public projects will also mitigate some of the problems related to the weakening ringgit while ensuring economic growth.

"We have to be very careful, make sure there is no knee-jerk reaction. We still need to grow. We have to take the growth component and be worried about capital flight but monitoring is key. How much do we intervene? BNM is good at this. The governor has clearly given us the confidence that they have the capability," he added.

On the HSR, Jala said both Malaysia and Singapore have agreed to the project and expressed desire to proceed.

On Malaysia's side, commercial evaluation has been completed while technical evaluation is almost done.

He said the details of the project such as equity stakes, whether it will be 100% government-owned or private sector-led are part of ongoing discussions.

So sad , u are not the one who can make decision .
U sing : i believe
They sing : my way

This post has been edited by skcJVN: Aug 30 2013, 03:54 PM

http://biz.sinchew.com.my/node/81819

豐隆研究根據全國產業資訊中心（NAPIC）資料發現，雪州和柔佛的產業建設量已顯著超越實質交易量，並導致供應過剩的隱憂。

... ；至於柔佛，自2008年開始，產業新建數量也躍升4倍，但產業交易勢頭卻平平無奇。

Last week

Yesterday


So confused !!!

http://www.thestar.com.my/News/Nation/2013...l-spending.aspx

Typical political talking , one more year to go duno what will happen especially after umno election .

tender process was targeted to begin in the third or fourth quarter of next year.

=> "next year" is the magic word , next year announce "next year" ..

HSR is also reported in Singapore. Tender specifications are likely to be in the drafting stage already.

Tender process for KL-S'pore high-speed rail to begin in 2H 2014
http://www.channelnewsasia.com/news/singap...l-s/808910.html

Expecting more details on RTS to be announced in the next few months. Johor property prices will be going up again. Don't miss the boat.

Published: Wednesday September 11, 2013 MYT 12:00:00 AM
Updated: Wednesday September 11, 2013 MYT 7:28:30 AM

M'sia-S'pore high-speed rail link 'engagement process' to be completed by Q4
Source TheStar
BY DANIEL KHOO
DANIELKHOO@THESTAR.COM.MY

KUALA LUMPUR: Malaysia is aiming to complete the engagement process with Singapore for the construction of the KL-Singapore high-speed rail (HSR) link by the fourth quarter of this year, said the Land Public Transport Commission’s (SPAD) chief executive officer Mohd Nur Kamal.

“We are just starting the engagement process with Singapore. The negotiations will start soon.

“We are targeting to (complete) somewhere between the third and fourth quarters of this year,” he said.

When asked at a press conference at Rail Business Asia 2013 if the HSR would be impacted by the Government’s pending plans to keep the country’s expenditure in check, Mohd Nur said: “As of the current information we have received, we do not expect it to be impacted by that (reduction in expenditure).”

SPAD chairman Tan Sri Syed Hamid Albar, meanwhile, said that it was still “too early” to talk about dishing out tenders or project costs, as the finalisation of key details of the HSR project was still pending.

“If everything remains the same, then we are still targeting for it to be completed by 2020,” he said.

Syed Hamid added that there was a need for some kind of continuity in all three mass rapit transit (MRT) projects in the Klang Valley at present.

“There definitely should not be a gap. You cannot complete MRT 1, then stop, and hopefully three or four years down the road, start lines two and three. What we have been ensured by the Government is that there would be no interruptions,” he said.

“I think you have to expect that when it is completely approved by the Government, there would be some overlaps because we have to look at the business model - how we should proceed and what are the lessons to be learnt from MRT 1, etc,” he added.

Syed Hamid said that while SPAD had done all the necessary studies, it was still too early to decide on how and when it would proceed with the second and third MRT lines.

Rail Business Asia 2013 is the thought leadership platform of Asia’s fast-growing rail industry.

Any news update regarding this?

Any news update regarding this?

http://www.propertyguru.com.my/new-propert...ri-harbour-3388

ALMAS SUITES @ PUTERI HARBOUR

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Date: 1st December 2013 (Sunday)
Registration Time: 2.00 - 3.00 pm
Balloting Time: 3.00 - 6.00 pm
Venue: Puteri Harbour Satellite Clubhouse (next to Traders Hotel)
Layout: Studio/1 bedroom (520sf), 1+1 Duplex (896sf) & Penthouse (2,221sf)
Total: 546 units

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Any news on the location for KL station?

Mahathir will disagree coz too near his house . Nanti bising tak boleh tidur .

This post has been edited by skcJVN: Nov 27 2013, 12:47 AM

Question ...

Why would you want to take a train to Singapore for ?
ain't our existing plane working fine ?

how many people actually travelled between SG and KL ?

Better just used this project money to get city public transport up.
That provide better return for the city folk in comparison to the SG KL traveller.

Its for city to city travel without having to go thru the hassle of goin to airport. KLIA is so far away frm the city centre. This helps to boost economic ties between sg and kl. With a more convenient means of travel more ppl can choose this option. I am sure they would have done their feasibility studies before embarking on the project...otherwise sure kena left right centre frm the rakyat

We are famous for NOT doing feasibility study !!
PKFZ was feasible ? Submarine feasible ? Feedlot feasible ? indelible ink feasible ?

I can tell you today, building an undersea tunnel to SG from Johore would help the economy better then this project.

People in KL don't need to take train to SG.