Posted by Sami_Value > 2019-04-09 11:56 | Report Abuse

What is the rationale of the rerouting ? no reason of rerouting = tunggu masa la

The original intention of ECRL is to cut the travelling time from East Coast to Port Klang to by-pass Singapore, giving similar effect to compete with the Kra Canal proposal. You pusing sana, pusing sini, end up a screwing up the original plan intended.

If really materialize & not political cock talking to bait votes, Matrix Concept should benefits.

Posted by ks55 > 2019-04-09 12:36 | Report Abuse

Haha...
Instead of going to Port Klang, it is going to Malaka Gateway.

Could it be one of the conditions CCCCCCCCCCC agrees to renegotiate ?????????????????

Posted by enid888 > 2019-04-09 13:02 | Report Abuse

According to Lim Guan Eng, the northern route through Gombak will cut across the 16km-long Klang Gates Quartz Ridge. The Selangor Government is currently lobbying for the Quartz Ridge to be gazetted as a Unesco World Heritage Site. Therefore, the southern route is a better option.

Posted by enid888 > 2019-04-09 13:09 | Report Abuse

It is still going to Port Klang. In fact, this is a better option as it is passing through the more developed and high growth area of the Southern Corridor. It ends in the proposed RM200bil Third Klang Port in Carey Island.

Posted by enid888 > 2019-04-09 23:08 | Report Abuse

Sime Property's Carey Island will be a hotspot for Klang Valley development. With now the ECRL rerouted and ended in Carey Island (or the starting point of ECRL if we go from west to east). This RM60bil ECRL project will drive and propel the growth of Carey Island. Sime Property has 11,000ha landbank in Carey Island. Any RM10 per square foot increase in the land price will translate to a profit of RM11.84bil or RM1.74 per share. A RM20 per square foot increase in land price will translate into a profit of RM3.48 per share. Compare this to this price of RM1.15 now.

Posted by RVI123 > 2019-04-09 23:21 | Report Abuse

Any highway going to Pulau Carey? No highway how to grow fast?

Posted by enid888 > 2019-04-10 00:24 | Report Abuse

Sime Property's Carey Island is connected with South Klang Valley Expressway (SKVE). Therefore, the infrastructure is good and the expressway will connect Carey Island to Elite Highway, Maju Expressway, Besraya Highway and Kuala Lumpur - Seremban Highway. In the future, it will also be linked to West Coast Expressway once WCE is completed. The accessibility and infrastructure are superb and they will be further enhanced by ECRL.

Posted by enid888 > 2019-04-10 09:45 | Report Abuse

KL-Singapore high speed rail will have a hub in Labu. The distance between Labu and KL is actually about 48km.

Posted by kingsleytiu > 2019-04-10 12:50 | Report Abuse

labu & nilai posied to be the next hotspot

Posted by enid888 > 2019-04-10 13:01 | Report Abuse

@kingsleytiu, agree with you. Nilai Impian and Labu will be the new commercial centre in that region.

Posted by enid888 > 2019-02-09 15:14 | Report Abuse

With high speed rail, Labu is only 10 to 15 minutes away from KL.

Posted by kyosan > 2019-04-11 10:53 | Report Abuse

fuhh... Labu land..we know whose the holder big plot there,

Posted by Nepo > 2019-05-15 19:23 | Report Abuse

11000 hectares of landbank in Carey island? How come the total landbank stated in the annual report is only about 20,000 acres? Which one is correct?