News about transit

KUALA LUMPUR (July 13): CIMB IB Research has maintained its “Underweight” rating on the construction sector after the Ministry of Finance (MOF) allowed the LRT 3 project to proceed but at a lower all-in cost of RM16.

KUALA LUMPUR (July 13): Shares in George Kent (Malaysia) Bhd and Malaysian Resources Corp Bhd (MRCB) rallied yesterday after Finance Minister Lim Guan Eng announced that the cabinet had approved the continuation of the light rail transit Line 3 (LRT3) project at a final cost of RM16.

KUALA LUMPUR (July 12): There were loads of gnashing of teeth as different parties bandied about how much can be slashed from the bill to build the light rail transit 3 (LRT 3) project.

PETALING JAYA (Jul 11): The analysis to reduce the cost of construction for the MRT Sungai Buloh-Serdang-Putrajaya Line (MRT2) is still ongoing, and Mass Rapid Transit Corporation Sdn Bhd (MRT Corp) said it might “take some time” for it to finalise the study.

KUALA LUMPUR (July 11): Prasarana Malaysia Bhd said today it will work closely with the Ministry of Finance and both its Project Delivery Partners to bring down the total cost of the light rail transit line (LRT3) project.

PETALING JAYA (July 10): Almost RM6 billion can be shaved from the cost of the light rail transit line 3 (LRT 3) project if it follows its original design, reported The Star citing sources.

以公共交通为导向的发展项目（transit-oriented development，简称TOD）的管理成功秘诀是什么？或许大马可以向邻国新加坡学习。 在不久的将来，大马会有越来越多的TOD项目陆续落成，因此，探讨这类多功能建筑物的长期有效管理，乃时势所趋。 新加坡Association of Property and Facility Managers主席Dr Lim Lan Yuan表示，多功能的建筑项目及单一功能建筑项目的管理，有着很大的分别。 在新加坡拥有40年TOD管理经验的他告诉EdgeProp.

What does it take to successfully manage an integrated development or a transit-oriented development? Malaysia can perhaps learn much from its neighbour down south.

PETALING JAYA (June 20): Disputes over the prices of land to be acquired for the development of the Johor Baru-Singapore rapid transit link (RTS) may delay the project.

PETALING JAYA (May 30): The government has derailed yet another mega project — the latest casualty being the third mass rapid transit (MRT 3) line.