{"id":113153,"date":"2019-12-18T11:40:40","date_gmt":"2019-12-18T04:40:40","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/mahathir-bandar-malaysia-project-to-have-an-hsr-station\/"},"modified":"2019-12-18T11:41:25","modified_gmt":"2019-12-18T04:41:25","slug":"mahathir-bandar-malaysia-project-to-have-an-hsr-station","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mahathir-bandar-malaysia-project-to-have-an-hsr-station\/","title":{"rendered":"Mahathir: Bandar Malaysia project to have an HSR station"},"content":{"rendered":"<p>&#013;<br \/>\nMalaysia might also consider scaling down to trim costs, which will see train speeds reduced.<br \/>\nMalaysian Prime Minister Mahathir Mohamad has said the revived Bandar Malaysia project will house a Kuala Lumpur-Singapore High-Speed Rail (HSR) project, although Malaysia and Singapore have yet to finalise details of the project.<br \/>\n\u201cWe have not decided on the HSR project itself, but yes, it (Bandar Malaysia) will have an HSR station,\u201d said Dr Mahathir following the signing of the Bandar Malaysia agreement at the Putrajaya International Convention Centre yesterday (17 Dec), reported The New Paper, citing The Star.<br \/>\nBandar Malaysia is a 197ha mixed development with residential and commercial sites.<br \/>\nMalaysia is looking to trim cost for HSR project; train speeds to be affected<br \/>\nDr Mahathir also said talks on the HSR project\u2019s resumption may happen in 2020, and Malaysia might consider scaling down to trim costs, which will see train speeds reduced.\u00a0<br \/>\n\u201cWe would like to spend less money on this project as it is very expensive. Maybe we have to do some adjustments in order to reduce the cost, and reducing its speed may be part of it,\u201d he said.<br \/>\n\u201cIt need not necessarily be as fast as 400kmh. If it travels that fast, it might just speed all the way to Alor Setar (northern part of Peninsular Malaysia). So we will look into what is a more suitable speed.\u201d<br \/>\nIn December 2016, Singapore and Malaysia\u2019s Barisan Nasional (BN) administration signed a bilateral agreement to build a 350km high-speed railway connecting Kuala Lumpur and Singapore at an estimated cost of RM110 billion (S$36 billion).\u00a0<br \/>\nThe line was meant to cut travel time between Malaysia and Singapore to 90 minutes, and was initially slated to have a terminus at Bandar Malaysia and another at Jurong East in Singapore.<br \/>\nHowever, the project was temporarily suspended when the Pakatan Harapan coalition took over Malaysia after it ousted BN last year.<br \/>\nThe two governments agreed to a two-year deferment of the project to 31 May 2020, with Malaysia reimbursing the city-state $15 million to cover costs of delaying the HSR line.<br \/>\nLooking for a property in Singapore? Visit\u00a0PropertyGuru\u2019s\u00a0Listings,\u00a0Project Reviews\u00a0and\u00a0Guides.<br \/>\n\u00a0<br \/>\nVictor Kang, Digital Content Specialist at PropertyGuru, edited this story. To contact him about this or other stories, email\u00a0victorkang@propertyguru.com.sg&#013;<br \/>\n&#013;<br \/>\nSource : proppertyguru.com.sg\/Property Market&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.propertyguru.com.sg\/property-management-news\/2019\/12\/185126\/mahathir-bandar-malaysia-project-to-have-an-hsr-station\" target=\"_blank\">Mahathir: Bandar Malaysia project to have an HSR station<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Malaysia might also consider scaling down to trim costs, which will see train speeds reduced.&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-113153","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-tr3","jetpack-related-posts":[{"id":94035,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/malaysia-to-discuss-hsr-project-with-singapore-by-end-july\/","url_meta":{"origin":113153,"position":0},"title":"Malaysia to discuss HSR project with Singapore by end-July","date":"July 17, 2018","format":false,"excerpt":"\r Malaysia has revealed plans to send an official representative to Singapore by the end of the month to discuss the Kuala Lumpur-Singapore high-speed rail (HSR) project, and to release an announcement on the matter this week, reported Channel News Asia. \u201cI\u2019m in communication with our Singaporean counterpart. Last week,\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":100444,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/high-speed-rail-delay-unlikely-to-impact-singapore-malaysia-ties\/","url_meta":{"origin":113153,"position":1},"title":"High Speed Rail delay unlikely to impact Singapore-Malaysia ties","date":"October 24, 2018","format":false,"excerpt":"\r Artist\u2019s impression of the HSR terminus in Jurong East. The decision to defer the construction of the Singapore-Kuala Lumpur High Speed Rail (HSR) until May 2020 is unlikely to cause a strain between the relationship of both countries, reported Bernama. According to Malaysia\u2019s Economic Affairs Minister Datuk Seri Mohamed\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":75046,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/authorities-launch-tender-for-singapore-kl-hsr\/","url_meta":{"origin":113153,"position":2},"title":"Authorities launch tender for Singapore-KL HSR","date":"December 21, 2017","format":false,"excerpt":"\r The tender for the assets company (AssetsCo) for the Singapore-Kuala Lumpur High-Speed Rail (HSR) has been launched on Wednesday (20 December), reported TODAYonline. Notably, the AssetsCo will be responsible for funding, constructing and maintaining all rolling stock in the HSR network. It will also design and run all of\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":94285,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hsr-likely-to-be-delayed-not-scrapped\/","url_meta":{"origin":113153,"position":3},"title":"HSR likely to be delayed, not scrapped","date":"July 20, 2018","format":false,"excerpt":"\r Malaysia\u2019s Pakatan Harapan-led federal government plans to officially talk with its neighbour over the postponement of the Singapore-Kuala Lumpur High Speed Rail (HSR), reported Channel NewsAsia. In May, Prime Minister Mahathir Mohamad said they intended to scrap the HSR due to the country\u2019s high debt of more than RM1\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":40920,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/this-bid-for-the-singapore-malaysia-hsr-line-looks-promising\/","url_meta":{"origin":113153,"position":4},"title":"This bid for the Singapore-Malaysia HSR line looks promising","date":"January 17, 2017","format":false,"excerpt":"\r In virtual reality at least Sentosa Express, a monorail line in Singapore. Lucy Liu\/Shutterstock No firm has won the tender for the high-speed rail (HSR) project between Kuala Lumpur and Singapore yet. However, a Chinese consortium has greatly boosted its chances by treating Malaysians to a virtual sampling of\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":97362,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapore-and-malaysia-agree-to-postpone-high-speed-rail-project\/","url_meta":{"origin":113153,"position":5},"title":"Singapore and Malaysia agree to postpone High Speed Rail project","date":"September 6, 2018","format":false,"excerpt":"\r Artist\u2019s impression of the HSR terminus in Jurong East. While many may be disappointed, Singapore and Malaysia\u2019s agreement to postpone the development of the Kuala Lumpur-Singapore High-Speed Rail (HSR) offers greater clarity on the way forward for the mega project, said Singapore Transport Minister Khaw Boon Wan in a\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/113153"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=113153"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/113153\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=113153"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=113153"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=113153"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}