{"id":20884,"date":"2016-07-20T12:26:48","date_gmt":"2016-07-20T05:26:48","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hsr-to-benefit-terminus-cities\/"},"modified":"2016-07-26T15:41:19","modified_gmt":"2016-07-26T08:41:19","slug":"hsr-to-benefit-terminus-cities","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hsr-to-benefit-terminus-cities\/","title":{"rendered":"HSR to benefit terminus cities"},"content":{"rendered":"


\nWith travel time between Singapore and Kuala Lumpur cut to just 90 minutes, buying a second home or working in Malaysia will become a more attractive proposition for Singaporeans once the high-speed rail (HSR) is completed in 2026, said analysts who spoke to TODAYonline.
\nThe advantages brought forth by the link will most likely be reaped by the terminus cities, as property hunters, firms, workers and tourists zoom in on these two areas.
\nAccording to Francis Tan, economist at United Overseas Bank, the HSR line provides Singaporeans with options to invest in Malaysian properties as the journey would become much faster. As such, he expects investors to eye properties located within Putrajaya, which is 25km outside Kuala Lumpur, or near the Bandar Malaysia terminus station.
\nKnown as tourist hubs, Bandar Malaysia and Putrajaya are developed areas with larger populations, which means that these areas will be deemed suitable for property investments, including weekend homes.
\nThe weaker ringgit may also see local businesses relocating to Kuala Lumpur in a bid to reduce operating costs, said Savills Singapore Research Head Alan Cheong.
\nIntermediate cities along the link, however, may struggle as they \u201csometimes get completely bypassed, irrelevant and become service stops\u201d, as dwellers look for more opportunities in the cities for the terminus stations, said Century 21 Chief Executive Ku Swee Yong.
\nJohor\u2019s Iskandar region could be the exception as Singaporeans may consider retiring there, said Tan. He noted that there are plans to build medical hubs and retirement homes there, increasing the area\u2019s \u201cstatus as a retirement place \u2026 and see a positive spillover from the HSR\u201d.
\nIn general, Singaporeans will likely consider Malaysia\u2019s economic and political landscape in deciding on whether to make a property investment there.
\n\u201cPolitical and economic uncertainties can affect valuations of properties,\u201d said CIMB Private Bank economist Song Seng Wun. \u201cYou may be reluctant to pay for something if you are not sure whether the underlying economy is going to be stronger or weaker.\u201d
\nBut whether the link will make the city-state more appealing for a much bigger group of Malaysians depends on the price of a ticket, said Tan.
\n\u201cNo doubt there is time saving when they take the train, but pricing is still quite critical,\u201d he said. \u201cIt will impact an individual\u2019s choice of coming to Singapore, whether it\u2019s for leisure or work.\u201d
\n\u00a0
\nRomesh Navaratnarajah, Senior Editor at PropertyGuru, edited this story. To contact him about this or other stories, email romesh@propertyguru.com.sg
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…HSR to benefit terminus cities<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

With travel time between Singapore and Kuala Lumpur cut to just 90 minutes, buying a...<\/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-20884","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\/p75ss1-5qQ","jetpack-related-posts":[{"id":113153,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mahathir-bandar-malaysia-project-to-have-an-hsr-station\/","url_meta":{"origin":20884,"position":0},"title":"Mahathir: Bandar Malaysia project to have an HSR station","date":"December 18, 2019","format":false,"excerpt":"\r Malaysia might also consider scaling down to trim costs, which will see train speeds reduced. Malaysian 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. \u201cWe\u2026","rel":"","context":"In "Property News"","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":20884,"position":1},"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 "Property News"","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":20884,"position":2},"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 "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":34354,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapore-malaysia-to-sign-hsr-agreement-next-month\/","url_meta":{"origin":20884,"position":3},"title":"Singapore, Malaysia to sign HSR agreement next month","date":"November 15, 2016","format":false,"excerpt":"\r Singapore PM Lee Hsien Loong and Malaysian PM Najib Razak are to witness the signing of the agreement in early December. Singapore and Malaysia are set to sign a bilateral agreement early next month for the development of the long-awaited high-speed rail (HSR), which will connect the two countries,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":20888,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapore-malaysia-to-sign-high-speed-rail-agreement-today\/","url_meta":{"origin":20884,"position":4},"title":"Singapore, Malaysia to sign high-speed rail agreement today","date":"July 19, 2016","format":false,"excerpt":"\r The signing of the MOU for the HSR project is seen as a significant milestone. Prime Minister Lee Hsien Loong and his Malaysian counterpart, Najib Razak, are set to meet today (19 July) in Putrajaya to witness the signing of the Memorandum of Understanding (MOU) for the construction of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":34690,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hsr-tender-may-be-called-in-q4-2017\/","url_meta":{"origin":20884,"position":5},"title":"HSR tender may be called in Q4 2017","date":"November 17, 2016","format":false,"excerpt":"\r The HSR tender may be\u00a0called next year, with Japan having made a strong pitch for it to use its bullet train technology Malaysian Prime Minister Najib Razak said yesterday that the international tender to supply high-speed rail (HSR) trains may be called by the fourth quarter of next year,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/20884"}],"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=20884"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/20884\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=20884"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=20884"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=20884"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}