2021 Malaysian Budget Review For Rail and Construction Industry -Bandar Malaysia Property Development

Another good news for rail industry and construction in Malaysia for 2021?

Those mega projects included of Kuala Lumpur-Singapore High-Speed Rail (HSR), which is expected to cost RM68bil, and the Mass Rapid Transit Line 3 or MRT3 (RM45bil) MRT3 Circle Line, which is announced on 27th October 2017 by PM Najib during budget speech for year 2018


Others are:

1. Penang Transport Master Plan (RM18bil), 
2. Serendah-Port Klang Rail Bypass (RM8.3bil), 
3. Johor Bahru-Singapore Rapid Transit System or RTS (RM3.16bil) and
4. Phase 1 of the Pan Borneo Highway (RM600mil).

The introduction of Malaysia High Speed Rail (HSR)MHSR

It's very interesting that Bandar Malaysia developing based on the rail's connectivity plan. The property at surrounding HSR line will grow up and shall benefit Malaysia's economic for the long run  see Master Plan of BM and HSR proposal

Bandar Malaysia Google's map

CGS-CIMB pointed out that these potential mega-projects were likely be part of the Economic Recovery Plan (ERP) and the 12th Malaysia Plan (12MP) - GCS-CIMB Research as quote by Malay Mail on 8th October 2020.

We will and oversee the outcome of the budget 2021 if approve by the majority of MP

Integrated LRT to link railway network

For the existing of Malaysia rail network, it shall benfited in term of increase their ridership from those connectivity.

Reference:

1. https://www.klsescreener.com/v2/news/view/737957/six-mega-projects-may-be-rolled-over-into-budget-2021
2. https://www.thestar.com.my/business/business-news/2020/10/09/six-mega-projects-may-be-rolled-over-into-budget-2021
3. https://en.wikipedia.org/wiki/MRT_Circle_Line#cite_note-:1-5
4. Malaymail online.