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 East Klang Valley Expressway (EKVE), Property Booster in southeastern KV?

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propusers
post Aug 28 2018, 08:55 AM

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QUOTE(freedom8901 @ Aug 27 2018, 09:23 PM)
I went Sg Long yesterday, near the end of Taman Desa Budiman, there's a rough road leading up to the hills. Would this probably be the road leading to EKVE?
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EKVE alignment
https://www.google.com/maps/d/u/0/viewer?dg...3685510251&z=14

freedom8901
post Aug 28 2018, 09:43 AM

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QUOTE(propusers @ Aug 28 2018, 08:55 AM)
Link not working bro cry.gif
elmond
post Aug 28 2018, 10:21 AM

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QUOTE(freedom8901 @ Aug 28 2018, 09:43 AM)
Link not working bro cry.gif
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strange, it's work for me

do you login with google account?
freedom8901
post Aug 28 2018, 10:29 AM

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QUOTE(elmond @ Aug 28 2018, 10:21 AM)
strange, it's work for me

do you login with google account?
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Got it working after I signed out from google, thanks man rclxms.gif

I wonder why they claimed the exit at Sg Long/ Mahkota Cheras since its so far away?

This post has been edited by freedom8901: Aug 28 2018, 10:33 AM


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freedom8901
post Aug 28 2018, 10:31 AM

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Double post

This post has been edited by freedom8901: Aug 28 2018, 10:31 AM


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elmond
post Aug 28 2018, 10:36 AM

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QUOTE(freedom8901 @ Aug 28 2018, 10:29 AM)
Got it working after I signed out from google, thanks man rclxms.gif

I wonder why they claimed the exit at Sg Long/ Mahkota Cheras since its so far away?
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it's a easy concept, the empty land in bettween will be developed.

that EKVE will be destroy more forest likes how MRR2 did before.

greedy people wont built a highway at there for just road connection.


freedom8901
post Aug 28 2018, 10:41 AM

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QUOTE(elmond @ Aug 28 2018, 10:36 AM)
it's a easy concept, the empty land in bettween will be developed.

that EKVE will be destroy more forest likes how MRR2 did before.

greedy people wont built a highway at there for just road connection.
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So basically the so called Sg Long exit is just bluff?
elmond
post Aug 28 2018, 10:52 AM

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QUOTE(freedom8901 @ Aug 28 2018, 10:41 AM)
So basically the so called Sg Long exit is just bluff?
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the official website seem like having bandar sg long at wrong location too.

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freedom8901
post Aug 28 2018, 10:56 AM

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QUOTE(elmond @ Aug 28 2018, 10:52 AM)
the official website seem like having bandar sg long at wrong location too.

user posted image
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Yes so confusing sweat.gif

The alignment from google map is final?
danielisme
post Aug 28 2018, 11:50 AM

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They dint say BANDAR sungai long.

propusers
post Aug 28 2018, 01:39 PM

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not sure google map is final or not...

looks like "sungai long interchange" is connecting SILK near puncak saujana

This post has been edited by propusers: Aug 28 2018, 01:41 PM
elmond
post Aug 28 2018, 05:01 PM

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QUOTE(propusers @ Aug 28 2018, 01:39 PM)
not sure google map is final or not...

looks like "sungai long interchange" is connecting SILK near puncak saujana
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that is final, confirm sg long interchange will be there at SILK
propusers
post Dec 30 2018, 10:31 PM

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Progress seem very slow... contractor target complete September 2019. Possible??




GangHo
post Mar 22 2019, 11:24 PM

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How about Suke Expressway. Will there be a link between Suke and CKE(Cheras Kajang expressway)?
elmond
post Mar 22 2019, 11:39 PM

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QUOTE(GangHo @ Mar 22 2019, 11:24 PM)
How about Suke Expressway. Will there be a link between Suke and CKE(Cheras Kajang expressway)?
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http://mysuke.com.my/suke-project-progress/
Tonysan
post Mar 24 2019, 06:11 PM

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Hi guy, do u have any idea where is the exact location of Ampang Interchange?

I stay near by teratai and I only sae SUKE construction work.. wonder where is the Ekve construction site near by Ampang..
propusers
post Mar 24 2019, 10:02 PM

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QUOTE(Tonysan @ Mar 24 2019, 06:11 PM)
Hi guy, do u have any idea where is the exact location of Ampang Interchange?

I stay near by teratai and I only sae SUKE construction work.. wonder where is the Ekve construction site near by Ampang..
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should be start from the Ampang jalan bukit belacan...

http://ekveup.blogspot.com/2016/08/project...rsimpangan.html


propusers
post Mar 24 2019, 10:12 PM

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delay completion date from 9/9/2019 to 20/7/2020

RAM Ratings reaffirms AAA(bg) rating of EKVE Sdn Bhd’s sukuk
Published on 29 Jan 2019
https://www.ram.com.my/pressrelease/?prviewid=4880

RAM Ratings has reaffirmed the AAA(bg)/Stable rating of EKVE Sdn Bhd’s (EKVESB or the Company) Guaranteed Sukuk Murabahah Facility of up to RM1,000 million in Nominal Value (the Sukuk). The rating reflects irrevocable and unconditional guarantees extended by AAA-rated Maybank Islamic Berhad and Bank Pembangunan Malaysia Berhad. EKVESB is the concessionaire of the East Klang Valley Expressway (EKVE or the Project or the Expressway) – a 36.16-km closed-toll system which will start from Sungai Long in Kajang and terminate at Ukay Perdana in Ampang – under a 50-year concession agreement (CA) with the Government of Malaysia (GoM).

The construction of the EKVE continued to face delays owing to setbacks in obtaining site possession and weather-related issues. This had necessitated the submission of a third construction work programme (CWP), which was approved by the Malaysia Highway Authority (MHA) in September 2018. Simultaneously, EKVESB was granted an extension of time of 315 days, with a new completion date of 20 July 2020 (previously 9 September 2019). While the Project is expected to be completed within the RM1.55 billion budgeted cost, we have factored a six-month delay into our sensitised cashflow projections, with a 5% cost overrun. Should this occur, EKVESB’s sole shareholder, Ahmad Zaki Resources Berhad, has undertaken to cover any potential cost overruns to enable the Company to meet its financial covenants, and to assist the Company in honouring its financial obligations under the Sukuk.

Incorporating construction and traffic-related risks into our sensitivity analysis, EKVESB may need to refinance its financial obligations by 2021 in the absence of financial support from its shareholder. Excluding construction-related sensitivities, however, the Company is expected to refinance its financial obligations by 2022. While EKVE will complete the Kuala Lumpur Outer Ring Road road network and provide better connectivity for north-south traffic in eastern parts of the Klang Valley, its traffic volume will remain subdued, in our view, given high initial toll rates as well as competition from the Sungai Besi-Ulu Kelang Expressway (which is under construction) and Klang Valley Mass Rapid Transit Sungai Buloh-Kajang line.

As with most concession-related projects, the Company is exposed to regulatory and single-project risks.

This post has been edited by propusers: Mar 24 2019, 10:14 PM
bellamy85
post Jul 1 2019, 03:50 AM

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damn, almost a year delay. So this EKVE final stop at sungai long??

They have no intention to extend it up to semenyih? broga?

At least want to go KL don't have to go through cheras anymore, traffic jammed almost all time xD
SUSWobblyblob
post Jul 3 2019, 02:32 AM

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They should connect EKVE to Semenyih Sg. Lalang Industrial Area or Zone (near Yokohama factory/near Villaraya Industrial Park/near Semenyih High Tech 1,2,3,4,5,6 Industrial Park etc.) and Broga with direct link to SUKE and DUKE in KL and PJ, and the planned parrallal highway to SILK linking Semenyih with Putrajaya/Cyberjaya/
Puchong/KLIA. EKVE should be completed between Semenyih and Rawang.

Also possible if EKVE have direct link to MRR2 and Kesas highways.

A direct link from Semenyih to PJ highways is needed to ease going to work in PJ by Semenyih residents. This probably can be done with an elevated highway.

This post has been edited by Wobblyblob: Jul 3 2019, 02:33 AM

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