KL-S’pore high speed rail to boost sentiment on the property sector

Bullet train: An artist’s impression of the Batu Pahat station on the HSR line.

PETALING JAYA: The Kuala Lumpur-Singapore high speed rail (HSR) project is expected to further boost sentiment on the property sector as it should spur demand for properties in Iskandar Malaysia, Johor and the Kuala Lumpur city centre, as well as areas surrounding the HSR stations along the alignment.

RHB Research believes Johor could see a major railway infrastructure boom, especially if the government proceeds with the light rail transit (LRT) and HSR projects.