24 Oct '14, 8am

#GlobalREBubble HSR project to benefit both countries Singapore

#GlobalREBubble HSR project to benefit both countries Singapore

Comment E-mail to friend Bookmark & Share The Kuala Lumpur-Singapore high-speed rail (HSR) project should not be viewed as a mere transportation upgrade, but as a project that would benefit both Malaysia and Singapore. Once completed, the S$15.6 billion project will see the country “enter a new phase of tourism by having more foreign tourists coming into Malaysia,” said economic analyst Hoo Ke Ping and reported in the media. “Although the project is concentrated mainly in Johor, neighbouring states, such as Malacca, Negri Sembilan and Kuala Lumpur, would also benefit from it,” stated Hoo. “We could expect an increase in property growth as well as other sectors as the result of the rail construction.” He also dismissed the idea that more Malaysians will work in Singapore once the HSR project is completed. “I think quite the opposite will happen. More Singaporeans would be c...

Full article: http://www.propertyguru.com.sg/property-management-news/2...

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