RTS

Sunway Construction Secures RM1.5 Billion RTS TOD Contract in Johor: What It Means for Investors 🏗️ Major Milestone for Sunway Construction Sunway Construction Group Bhd (KL:SUNCON) has secured a RM1.5 billion contract for the Rapid Transit System (RTS) Transport-Oriented Development (TOD) project at Bukit Chagar, Johor. This latest win adds to its growing portfolio in Sunway City Iskandar Puteri...

Sunway’s RM2.6 Billion Bukit Chagar Development: A Game Changer for Johor’s Property Market Sunway Bhd’s latest RM2.6 billion mixed-use development in Bukit Chagar, Johor, is set to redefine the property market in the region. Located strategically next to the Johor Bahru-Singapore Rapid Transit System (RTS) station, the project will include residential, commercial, retail, hospitality, and wellness...

Johor Bahru-Singapore RTS Link: A New Era of Cross-Border Connectivity The Johor Bahru-Singapore Rapid Transit System (RTS) Link, a joint initiative by Malaysia and Singapore, is gearing up for its next phase as RTS Operations Pte Ltd (RTSO) prepares to begin rail systems installation by the end of 2024. This landmark project, aimed at revolutionizing cross-border travel, is on track to connect Bukit...

The upcoming Rapid Transit System (RTS) link, set to commence operations in 2026, is expected to significantly alter the retail landscape in Singapore. Connecting Singapore with Johor Bahru, Malaysia, the RTS Link will offer a convenient travel option, making it easier for Singaporeans to shop across the border. As a result, Singaporean retailers are being advised to adapt their strategies to remain...

The construction of the Rapid Transit System (RTS) Link, which will connect Johor Bahru and Singapore, has reached 83% completion as of July this year, according to Transport Minister Anthony Loke. The project remains on schedule, with operations expected to commence on January 1, 2027. Progress and Upcoming Milestones Transport Minister Anthony Loke confirmed that the construction of the RTS Link is...

RTS Link Project Costs Rise by 29.9% to RM5.24 Billion: Auditor-General’s Report The estimated cost of the Rapid Transit System Link (RTS Link) infrastructure project has surged by 29.9%, reaching RM5.24 billion as of December 31, 2023. This increase, up from the original estimate of RM4.03 billion in January 2018, highlights several key factors driving the escalation in expenses. Reasons for Cost...

The Rapid Transit System (RTS) Link between Johor Bahru and Singapore is poised to revolutionize connectivity and transportation in the region. This ambitious initiative promises numerous benefits, ranging from reduced congestion and improved safety to job creation and environmental sustainability. Here’s an in-depth look at the key benefits of the RTS Link and its historical context. Historical...

Johor is rapidly transforming its property landscape, shedding its previous status as the region with the highest property overhang, to becoming a burgeoning hub for real estate investment. This shift is largely attributed to a series of strategic developments aimed at enhancing the region’s economic and infrastructural fabric. Strategic Developments Spurring Growth Sheldon Fernandez, the country...

The Johor property market is experiencing a remarkable resurgence, primarily fueled by the escalating interest from Singaporean nationals and permanent residents, alongside significant infrastructural and economic initiatives. This upswing is most pronounced in Iskandar Puteri, which is witnessing the highest proportion of foreign demand, a trend that is expected to persist, according to the Property...

The Malaysian government has expressed satisfaction with the current progress of the Rapid Transit System (RTS) Link project, a pivotal transport connection between Johor Bahru and Singapore, anticipating its full operation by January 1, 2027. Transport Minister Anthony Loke Siew Fook, in a statement, reiterated the commitment of both Malaysia and Singapore to the success of this multi-billion ringgit...