Jump to content

Construction of Singapore-KL high-speed rail deferred till 31 Dec


The_King

Recommended Posts

SINGAPORE — The suspension of the High Speed Rail (HSR) project aimed at linking Singapore and Kuala Lumpur will be extended to the end of this year.

“In the spirit of bilateral cooperation, we have agreed to a final extension of the suspension period to 31 December 2020,” said Transport Minister Khaw Boon Wan in a Facebook post on Sunday (31 May).

“This should provide sufficient time for Malaysia to clarify its proposal and for both sides to assess the implications of the proposed changes,” he added.

Khaw noted that Malaysia’s Senior Minister Azmin Ali had written to him to request a seven-month extension to discuss his country’s possible changes to the project. Construction on the HSR project, which has been suspended since September 2018, was due to resume at the end of this month.

“(The) COVID-19 pandemic does inconvenience the discussions but tele-conferencing can largely overcome the difficulty. The key is joint commitment to the project’s vision and mutual trust,” said Khaw, adding both sides must be convinced that the changes do not “undermine the original intent of the project”.

“I remain optimistic that a HSR linking our two capitals will benefit both our peoples,” he added.

Separately, Azmin said in his own Facebook post that the governments of Malaysia and Singapore had agreed to resume discussions on the project “in the near future”.

He added that he had been asked by his country’s Cabinet to “lead the Malaysian team in the discussions with the Singapore Government on this project”.

 

 

 

  • Wahaha 1
Link to comment
Share on other sites

17 minutes ago, stemcell said:

if really construct, KL property can buy a not 

 

kl and penang r the only places in malaysia worth property investment.

 

only issue is whether there is a good buy.

 

just make sure when u buy at lelong, get the bank to show u the inside.

 

https://www.asiaone.com/News/AsiaOne%2BNews/Crime/Story/A1Story20110805-292868.html

  • Wahaha 1
Link to comment
Share on other sites

10 hours ago, socrates469bc said:

 

kl and penang r the only places in malaysia worth property investment.

 

only issue is whether there is a good buy.

 

just make sure when u buy at lelong, get the bank to show u the inside.

 

https://www.asiaone.com/News/AsiaOne%2BNews/Crime/Story/A1Story20110805-292868.html

it's okie, i'm not staying inside. If its huanted or got people die inside can cheaper. I will get....

 

 

  • Wahaha 1

5cd45a378a8a1220018668.gif.a7d40ddd7abc5cac1a3a3d1a1a3af1f9.gif

Link to comment
Share on other sites

10 hours ago, socrates469bc said:

 

kl and penang r the only places in malaysia worth property investment.

 

only issue is whether there is a good buy.

 

just make sure when u buy at lelong, get the bank to show u the inside.

 

https://www.asiaone.com/News/AsiaOne%2BNews/Crime/Story/A1Story20110805-292868.html

aim one at penang already, but the price havent drop..need to wait for atleast 6 mths 

5cd45a378a8a1220018668.gif.a7d40ddd7abc5cac1a3a3d1a1a3af1f9.gif

Link to comment
Share on other sites

3 hours ago, socrates469bc said:

 

i looking at kl for despo sales.

 

wahahahahah

KL city tiagong prince still good, those outside kampong condo cannot buy...

 

Penang still steady bombibi, but the bank cannot tank so much borrow...fund

5cd45a378a8a1220018668.gif.a7d40ddd7abc5cac1a3a3d1a1a3af1f9.gif

Link to comment
Share on other sites

1 hour ago, stemcell said:

KL city tiagong prince still good, those outside kampong condo cannot buy...

 

Penang still steady bombibi, but the bank cannot tank so much borrow...fund

 

will have despo sales even in kl cbd and sgp cbd for sure as banks tightened lending.

 

now is a test of the developers' holding power.

 

most sgp and bolehsian developers have on average net gearing of ard 0.6, so i wouldnt be surprised to see bond defaults from established name developers. 

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
×
×
  • Create New...

Important Information

Mugentech.net uses cookies to ensure you get the best experience on our website. By using this site you agree to Privacy Policy