\nSingapore and Malaysia are expected to announce soon a mutually beneficial agreement regarding the Kuala Lumpur-Singapore High-Speed Rail (HSR), reported Channel NewsAsia.
\n\u201cWe are inching closer to a win-win deal on HSR thanks to the hard work of officials from both sides,\u201d said Malaysia\u2019s Economic Affairs Minister Mohamed Azmin Ali.<\/p>\n
He said this in a tweet on Thursday morning (30 Aug) after meeting with Singapore\u2019s Coordinating Minister for Infrastructure and Transport Minister Khaw Boon Wan to discuss the HSR and the Johor Bahru-Singapore Rapid Transit System (RTS) link.
\n\u201cAlways delightful meeting Minister Azmin Ali [to brainstorm ideas] on how to further our bilateral relationship. There is so much we can do together for mutual benefits,\u201d said Khaw in a Facebook post on Thursday.
\n\u201cWe should be able to announce our joint decisions on RTS and HSR soon,\u201d he added.<\/p>\n
Previously, Prime Minister Dr Mahathir Mohamad said in June that the HSR would be cancelled, but he later clarified that they intend to defer the project, which he said would cost RM110 billion (S$37 billion), amid Malaysia\u2019s high debt of over RM1 trillion (S$335 billion).
Singapore and Malaysia are expected to announce soon a mutually beneficial agreement regarding the Kuala...<\/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-97014","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-peK","jetpack-related-posts":[{"id":97362,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapore-and-malaysia-agree-to-postpone-high-speed-rail-project\/","url_meta":{"origin":97014,"position":0},"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":94035,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/malaysia-to-discuss-hsr-project-with-singapore-by-end-july\/","url_meta":{"origin":97014,"position":1},"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 "Property News"","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":97014,"position":2},"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 "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":96597,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rts-link-to-continue-despite-missing-deadline-to-form-jv\/","url_meta":{"origin":97014,"position":3},"title":"RTS link to continue despite missing deadline to form JV","date":"August 24, 2018","format":false,"excerpt":"\r Map of Rapid Transit System (RTS) route expected to be completed by 2024 Singapore\u2019s Transport Minister Khaw Boon Wan held a meeting with his Malaysian counterpart Anthony Loke last week to talk about joint transportation projects like the Johor Bahru-Singapore Rapid Transit System (RTS). \u201cThe ministers look forward to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":95239,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/govt-takes-over-raffles-country-club-despite-possible-delay-in-hsr\/","url_meta":{"origin":97014,"position":4},"title":"Govt takes over Raffles Country Club despite possible delay in HSR","date":"August 2, 2018","format":false,"excerpt":"\r The Raffles Country Club opened in 1988 and is one of the oldest golf clubs in Singapore. Source: Tourmet.com The local authorities recently took ownership of Raffles Country Club\u2019s land despite the possible postponement of the Singapore-Kuala Lumpur High Speed Rail (HSR), reported TODAYonline. The government \u201ctook site possession\u2026","rel":"","context":"In "Property News"","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":97014,"position":5},"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 "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/97014"}],"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=97014"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/97014\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=97014"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=97014"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=97014"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nMeanwhile, Mahathir said on Thursday that Malaysian authorities are considering to build a third link with Singapore, given the congested Causeway to the north and the bridge from Tuas.
\nIn a reported by The Star, Johor Chief Minister Osman Sapian said state officials are holding discussions with a firm on putting-up a third-link in three to four years.
\nDatuk Osman revealed that the mulled bridge would span from Pengerang near Kota Tinggi and end at Singapore\u2019s Pulau Ubin island. Immigration checks can be conducted in either Pulau Ubin or Pengerang.
\n\u201cYesterday, I had a discussion with interested parties about the possibility of a third link from east Johor. We observed that the area was close to Pulau Ubin \u2013 they are only about 3km apart.\u201d
\nEugenia Rosaline Shlaen edited this story. To contact her about this or other stories, email eugenia@propertyguru.com.sg
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…\u201cWin-win deal\u201d on HSR to be announced soon<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"