In a landmark agreement, Singapore and Malaysia have agreed to build a high speed rail between Singapore and Kuala Lumpur. This is a significant development that will boost the economy for both countries. Traveling time is expected to be cut down to 90 minutes with the high speed rail.
This is an event which I have been waiting for and predicted that it would happen. Since the exchange of railway land, cross development of Iskandar and Marina Bay area, Rapid Transit System between Singapore and JB, it would naturally lead to this. A possible hiccup though is the upcoming election, which could see such projects come to a standstill should the opposition party come into power.
Having quite a number of properties in KL, I would see this as a big boost to KL property prices as more Singaporeans will be investing and that will bring the price differentials between ...
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