Singapore

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...

Singapore Ranks Fourth Globally for Net Financial Assets Per Capita in 2024 Singapore continues to solidify its position as one of the world’s wealthiest nations, ranking fourth globally in terms of net financial assets per capita, according to the Allianz Global Wealth Report 2024. The report revealed that Singapore residents held an average of €171,930 (S$246,000 or RM800,000) in net financial...

The number of Singaporean visitors to Johor has seen a steady improvement since the Vehicle Entry Permit (VEP) was implemented on October 1, according to local business groups. While the crowd hasn’t returned to pre-pandemic levels, there is a noticeable day-by-day increase in visitors. Roland Lim, president of the Johor Baru Business and Hawker Association, noted that although the numbers have yet to...

Singaporean Visitors Return to Johor After Initial Vehicle Entry Permit (VEP) Concerns After a brief slowdown due to uncertainty around the enforcement of Malaysia's Vehicle Entry Permit (VEP), Singaporean visitors have begun to return to Johor in increasing numbers. Live camera feeds and apps like Beat The Jam showed significant traffic queues at the Causeway and Second Link in Tuas, with waiting times...

The Vehicle Entry Permit (VEP) for Singaporean vehicles entering Malaysia through Johor will officially come into force on October 1. Despite the requirement, many Singaporean drivers have yet to install and activate their VEP's radio frequency identification (RFID) tags. While Malaysian authorities will allow entry without the VEP tag during the initial phase, the Road Transport Department (JPJ) has...

Starting from October 1, 2024, Singapore-registered vehicles entering Johor without a Vehicle Entry Permit (VEP) can continue to do so as usual, but enforcement of the VEP requirement will begin in phases, according to the Road Transport Department (JPJ). Phased Implementation of VEP In the first phase, Singaporean vehicles without the required RFID VEP tags can still enter Malaysia without any...

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...

The highly anticipated Johor-Singapore Special Economic Zone (SEZ) agreement is expected to be finalized by the end of this year, despite facing significant challenges in the negotiation process. This SEZ, which promises to attract new investments, boost trade, and create jobs, is a key project for both Malaysia and Singapore. However, sources familiar with the matter have revealed that ironing out the...

Allgreen Properties Secures Prime Residential Site Near Orchard Road with Top Bid Billionaire Robert Kuok-controlled developer Allgreen Properties Ltd has made a significant move in Singapore’s real estate market by submitting the top bid for a prime residential site near the renowned Orchard Road shopping precinct. This development highlights Allgreen's strategic expansion in the city-state despite the...