Category Archives: KVMRT – Klang Valley MRT

MRT Corp confident first phase route will begin operations in 2016

KUALA LUMPUR (Oct 8): Mass Rapid Transit Corporation Sdn Bhd (MRT
Corp) has expressed its confidence that the first phase of the MRT route will
begin operation in December 2016 followed by the second phase in July
2017.

MRT Corp strategic communications and public relations director Amir
Mahmood Razak said this optimism was based on uninterrupted
construction works – thanks to the efficiency of all parties involved.

To ensure safety and smooth traffic flow in the vicinity of construction sites, he
said MRT Corp provided facilities for emergency rescue team to response to
public complaints and emergency cases.

Covered pedestrian walkways are being built while notices on road closure
are placed around project sites, he said after visiting the Maluri MRT Station
in Cheras here today.

The first MRT route (Sungai Buloh-Kajang) involved two phases, namely
Sungai Buloh to Semantan (phase one) and Semantan to Kajang (phase
two).

GAMUDA BERHAD – Expect KVMRT 2 Approval By End-2013

u_24g

From Public Invest Research – Gamuda’s RM3.5bn outstanding orderbook, mainly from KVMRT Line 1 (tunneling) worth RM3.4bn and the rest from Double Tracking, which is at its tail end. Construction for KVMRT 1 is progressing well, will all the Tunnel-boring machines (TBMs) delivered. Four TBMs started tunneling, with another 2 expected to be mobillised on site by end-2013. We understand that KVMRT 2 (worth c.RM25bn) is expected to get formal approval by end-2013 and the Group is targeting similar role i.e. underground works and PDP for elevated portion. Gamuda estimates 2-year lead time before it can start building the second line. Separately, we understand that disposal of SPLASH should see closure by 1Q2014. As for the expressway concessions, Gamuda is weighing other options after the proposed sale to the Government seemed to be breaking down.

Project delivery partner for Line 2 and 3?

INCREASED EFFICIENCY: MRT Corp hoping to secure govt
decision by year-end

The government may appoint a project delivery partner (PDP) for Line 2 and Line 3 of the Klang Valley Mass Rapid Transit (MRT) project.

Mass Rapid Transit Corp Sdn Bhd (MRT Corp) chief executive officer Datuk Azhar Abdul Hamid said the government is mulling
over whether to retain the PDP concept or scrap it altogether to save on cost.

Founded in September 2011, MRT Corp is the implementation agency and asset owner of the MRT project.

“We are hoping that a decision on Line 2 and 3 will be made by year-end,” Azhar told Business Times during the company’s Hari Raya open house, here, on Thursday.

The PDP concept is designed to enable the MRT project’s efficient rollout in phases, as opposed to the appointment of a turnkey contractor under the design and build model.

The PDP’s top priority is to ensure the successful completion of the MRT lines within the pre-determined target cost and date.

In the event a contractor or sub-contractor does not meet the pre-determined work package requirements, the PDP will step in at no risk to project delivery cost and time.

MMC-Gamuda JV — a 50:50 joint venture company between Gamuda Bhd and MMC Corp Bhd — was appointed as the PDP for Line 1’s
ongoing construction in January 2011.

As a PDP, MMC-Gamuda JV will receive a six proper cent fee of the total contract value.

Should the total cost of the project be less than or equal to the targeted cost, the PDP shall be entitled to the full fees.

But if the project cost is more than the targeted cost, the
PDP fees shall be cut in accordance with the agreed formula.

Line 2 and Line 3 comprise the Circle Line looping around the Kuala Lumpur city centre and the north-south line from Selayang to Putrajaya.

Line 1 is from Sungai Buloh to Kajang.

Tenders for RM25b MRT project early next year?

Mass Rapid Transit Corp Sdn Bhd (MRT Corp) expects to call for tenders for line 2 of the Klang Valley My Rapid Transit (KVMRT) project, estimated to be worth over RM25billion, by as early as next year.

tenders for mrt next year

Series of Research Report by KVMRT Research

Free Trial – Klang Valley MRT Line
Free Trial – Transacted Report
Research Report – MRT Sg Buloh – Kajang Line Alignment Map @ RM99
Research Report – LRT Line & LRT Extension @ RM79
Research Report – Transacted Price – Klang Valley Property @ RM89

KVMRT Line 1 picking up progress – The Edge Financial Daily (19 July 2013)

The construction of the Sungai Buloh – Kajang (SBK) line or Line 1 of the Klang Valley Mass Rapid Transit (KVMRT) project is progressing well in meeting its July 2017 deadline, according to its main contractor, MMC-Gamuda KVMRT (PDP) Sdn Bhd.

KVMRT Line 1 picking up progress

 

Series of Research Report by KVMRT Research

Free Trial – Klang Valley MRT Line
Free Trial – Transacted Report
Research Report – MRT Sg Buloh – Kajang Line Alignment Map @ RM99
Research Report – LRT Line & LRT Extension @ RM79
Research Report – Transacted Price – Klang Valley Property @ RM89

MKH Boulevard – Near MRT Kajang Station

Another upcoming property development near MRT Station.

Developer: MKH Berhad – Serba Sentosa Sdn Bhd
Development: 308 SoHo serviced apartments above the 30 three-to-six storey shops at the
podium block
Land: Leasehold, Expiry Oct 2111
Size Range: 575 sq.ft. – 1,094 sq.ft.
Price Range: RM201,000- RM395,000
Restriction in Interest: Yes (Tanah ini tidak boleh dipindah milik, dipajak atau digadai melainkan dengan kebenaran pihak berkuasa negeri
Completion Date: Nov 2016

mkh boulevard ads

 

Location Map

mkh boulevard maps

 

Google Maps

mkh boulevard google maps

 

View from Front

mkh boulevard photo 1

 

View from Top

mkh boulevard photo 2

 

Register Your Interest

Series of Research Report by KVMRT Research

Free Trial – Klang Valley MRT Line
Free Trial – Transacted Report
Research Report – MRT Sg Buloh – Kajang Line Alignment Map @ RM99
Research Report – LRT Line & LRT Extension @ RM79
Research Report – Transacted Price – Klang Valley Property @ RM89

D’Sara Sentral – Upcoming Development Near MRT

Advertisement on Sin Chew Daily Today.

dsara sentral

 

Our Post on 4th April 2013

Riding On The KVMRT

Mah Sing Group buys land near RRIM (Sungai Buloh)

It plan to develop a MYR800m mixed development project. Mah Sing is planning a mixed development project called D’sara Sentral for the site, to be launched by 4Q13. It will comprise serviced apartments (65% of GFA), retail space (15%) and SoVo (20%; from MYR650psf onwards). Total GDV of MYR800m or an ASP of MYR876psf (assuming an efficiency ratio of 80%) is attainable, in our view, as Dijaya’s Tropicana Gardens (MRTlinked property project) phase 2 is already selling at MYR1,000psf (net).

Man shing land

mah sing land1

Source: Maybank Research, Mah Sing