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” The upcoming high-speed rail link project between Singapore and Malaysia is expected to boost property prices in both countries, according to property analysts. ”
This is good news for people who are living in the northern region such as Woodlands, Yishun and Sembawang! This means that they do not need to head to Golden Mile/Boon Lay or Changi Airport to head to Malaysia anymore. They take the High Speed Rail which is about 400km to reach KL in just 90 mins.
Buyers who are looking for a new home may consider new projects at the north side such as Forestville EC, The Nautica and Skies Mitonia which are near to this new exciting project between Singapore and Malaysia.
“We believe the High Speed Rail is going to give a positive impact on both countries’ economies, especially the tourism and property sectors,” said said Dr. Nazri Khan, Vice President and Head of retail research at Affin Investment Bank., adding that property values could significantly increase once the project nears completion.
The project is expected to be completed by 2020.
Source: Property Guru 20th Feb 2013