no more luck getting value buy MRT2 property.
time to speculate on MRT3 stations now.

Quote of the day!!!
So jibby = Bapak Pengangkutan Malaysia?

This post has been edited by AskarPerang: Aug 10 2017, 01:01 AM

will vote for BN if they able to release confirm report on the route and stations of MRT3 before election.

MRT to Muzium Negara.
Covered walkway to KL Sentral.
LRT to KLCC.

I think.

TRX still in plan. Bandar Malaysia no news yet.

All above ground elevated station is safe!!!
Underground stations all due for cost cutting.
Bandar Malaysia and Cyberjaya highly possible can now say bye bye to having MRT2.

4 out of 10 underground station will be scrapped?
But in actual fact got 11 underground station. No?

2 stations, Bandar Malaysia North and South is confirm sure thing to be axed. Now to guess which 2 more stations will kena?

Sentul West?
Titiwangsa?
HKL?
Kg Baru?
Ampang Park?
KLCC?
Conlay?
TRX?
Chan Sow Lin?

U Turn again. Flip flop government at the moment.

LGE announced underground contract terminated. And re-tendered again.
Tun M announced will have to discuss further.
LGE said that the workers would not be out of jobs as they would be re-employed upon continuation of the project. Re-employed by the whichever company winning the tender of the project it seems.

Which statement is fake? I dont see which statement is fake. All taken from the news.

1. LGE announced underground contract terminated. And re-tendered again.
News: Govt rejected 24% reduction of construction cost on MRT2 underground works
http://www.theedgemarkets.com/article/govt...derground-works

2. Tun M announced will have to discuss further.
News: Tun M: Govt to reassess termination of MMC-Gamuda’s MRT2 contract
https://www.thestartv.com/v/tun-m-govt-to-r...-mrt-2-contract

3. LGE said that the workers would not be out of jobs as they would be re-employed upon continuation of the project. Re-employed by the whichever company winning the tender of the project it seems.
News: LGE: Those losing jobs over MMC-Gamuda contract termination can be re-hired
https://www.freemalaysiatoday.com/category/...an-be-re-hired/

Apa fake news? There is no fake news in my statement.

Yesterday announced to the world underground contract terminated.
Today PM announced need to reconsidered the decision.

You tell me not u turn / flip flop? You must be kidding me.

Yes but my initial reply is not to this latest LGE statement
but to the proposal made from Gamuda, want cut cost need to reduce number of stations. Read:

MEDIA STATEMENT

8 October 2018, Petaling Jaya
Reference is made to the Ministry of Finance’s (“MOF”) Media Statement dated 7 October 2018 in relation to the MRT 2 Project (“Project”).

Save and except for the aforesaid MOF Media Statement, MMC Gamuda has so far not received any communication nor notification from MRT Corp, the counter party to the award of the Project. Thus, there has been no official confirmation from MRT Corp that MMC Gamuda has been terminated as underground contractor.

Supportive of Government’s drive to improve fiscal health
In spite of the agreed contract price, in view of the present austerity measures pursued by the new administration and in support, in particular of the new Government’s review of its financial commitment on major infrastructure projects, MMC Gamuda has been engaged in discussions and negotiations with MOF over the past 2 months to review the scope of works and specifications of the Project with the aim of reaching a compromise on a cost reduction.

Following therefrom and at the request of MOF, MMC Gamuda has agreed to convert the Project Delivery Partner (PDP) model to a single Turnkey Contract for the elevated works with a price reduction of 23%. In respect of the underground works MMC Gamuda has so far offered a 24% reduction for the balance of the underground works. Through its Media Statement, MOF has informed that it has accepted the offer in respect of the elevated and system works only.

The offered reduction for underground works
The underground works awarded contract price is RM15.47bn. As progress achieved is now 40%, the balance of the uncompleted underground works is now valued at RM9.6bn. MMC Gamuda has offered a reduction of RM2.3bn which represents 24% of this value. The reduction is achieved through reducing the scope of works and lowering specifications for mechanical, electrical and architectural finishes of the stations. It was also achieved by reducing the number of entrances to stations and the number of active stations constructed. From a total number of 10 stations, 4 will currently be shelved.


Issued by MMC Gamuda
8 October 2018

More drama now.

MMC-Gamuda has retained its contract to build the entire MRT2 project after agreeing to cut RM3.6 billion in costs for the underground half of the line.

Finance Minister Lim Guan Eng said as a result of this, the construction cost for MRT2 - excluding interest, land acquisition, and other costs - has been reduced by RM8.82 billion or 22.4 percent from RM39.95 billion or RM30.53 billion.

"The final cost savings of RM8.82 billion or 22.4 percent for MRT2 will reduce future fares that need to be paid by MRT users, which would inadvertently increase the usage of public transportation in the Klang Valley.

"Today, the cabinet has agreed to MMC-Gamuda’s new offer and the cost rationalisation exercise.

"All above-ground stations will continue to be built as planned earlier while two underground stations - Bandar Malaysia (North) and Bandar Malaysia (South) - will be postponed, bringing the total number of stations from the original 35 to 33 now,"
Read more here >>> https://www.malaysiakini.com/news/449094

Yup you are right. For LRT3, they come out with details how to cut cost, measure taken which includes cutting down the stations, the train itself, prolong the completion date (i wander why prolong can cut cost?)

The government yet to explain in details for MRT2. Or unless cut cost due to initially got lots of money being songlap into pocket.

Hmm...the article state: is on track for full completion by July 2021. Or the reporters misquoted? July 2021 is for elevated stations only.
Full operation is another year July 2022.
Can refer to the previous-previous related news about MRT2 completion timeline.

Got long story behind.
After the new government took over, everything also must cut. Need to show rakyat new malaysia mean business.
Started with LRT3. Omitting out few stations, cut here cut there and timeline also increased to 2024 now.

Next is MRT2. Elevated station part was approved first after cutting down the cost.
But Undergound station faced problem.
MMC-Gamuda proposed to cut those 4 stations away.
Cabinet disagree and terminate the underground contract.
Workers protest.
Re-negotiate and uturn made.
MMC-Gamuda to continue the underground contract with only 2 stations shelf.
End of story.