RTS

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Singapore Retailers Brace for Competition with Johor Bahru as RTS Link Nears Completion

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...

RTS RapidTransitSystem

RTS Link Construction Reaches 83% Completion, On Track for 2027 Operation Start

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...

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RTS Link Project Costs Rise by 29.9% to RM5.24 Billion: Auditor-Generalโ€™s Report

RTS Link Project Costs Rise by 29.9% to RM5.24 Billion: Auditor-Generalโ€™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...

RTS RapidTransitSystem

Benefits of the RTS Link: Enhancing Connectivity and Economic Growth Between Johor Bahru and Singapore

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. Hereโ€™s an in-depth look at the key benefits of the RTS Link and its historical context. Historical...

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Johor’s Property Market Revival: Emerging as a Key Investment Hub

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 regionโ€™s economic and infrastructural fabric. Strategic Developments Spurring Growth Sheldon Fernandez, the country...

johor causeway

Johor’s Property Market Thrives: Boost from Singapore and Major Projects

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...

RTS RapidTransitSystem

Malaysia-Singapore RTS Link on Track for 2027 Launch, Affirms Transport Minister

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...

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Anwar Ibrahim and Lee Hsien Loong Mark Historic Milestone in Malaysia-Singapore RTS Link Project

Prime Minister Datuk Seri Anwar Ibrahim and his Singaporean counterpart Lee Hsien Loong gathered on Thursday to witness a momentous milestone in the development of the Rapid Transit System Link (RTS Link) project. This landmark event marks a symbolic "connection" between Malaysia and Singapore, showcasing a major advancement in this ambitious infrastructure venture. The ceremony highlighted the...

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Johor Bahru Property Market Gains Traction Among Singaporean Investors with Upcoming RTS Link

The nearing completion of the Johor Bahru-Singapore Rapid Transit System (RTS) Link has ignited interest among Singaporeans in investing in Johor Bahru's property market. Factors such as the favorable exchange rate, lower cost of living, and strong rental demand have made Johor Bahru an attractive destination for property investment. Key Points: The Johor Bahru-Singapore RTS Link is set to commence...

johor causeway

Malaysia to Negotiate Continuation of Tebrau Shuttle Service to Singapore Despite RTS

The Ministry of Transport (MOT) plans to initiate negotiations to continue the current Keretapi Tanah Melayu Bhd (KTMB) Tebrau Shuttle service between Johor Bahru and Singapore, even after the Rapid Transit Service (RTS) commences its operations. Transport Minister Anthony Loke noted that the bilateral agreement between Malaysia and Singapore for the RTS project includes a condition for terminating the...

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